Price for Milking Machines and Dairy Machinery in Kuwait - 2021
Contents:
- Price for Milking Machines and Dairy Machinery in Kuwait (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Kuwait (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Kuwait
- Exports of Milking Machines and Dairy Machinery in Kuwait
Price for Milking Machines and Dairy Machinery in Kuwait (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $5,447 per unit, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2017 an increase of 43%. The import price peaked at $7,585 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($7,843 per unit), while the price for Thailand ($579 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Kuwait (FOB) - 2022
The average export price for milking machines and dairy machineries stood at $2,317 per unit in 2022, picking up by 4.8% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth was the most pronounced in 2014 an increase of 209%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($2,733 per unit), while the average price for exports to Bahrain ($170 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in Kuwait
In 2022, the amount of milking machines and dairy machineries imported into Kuwait reduced sharply to 492 units, which is down by -36% on 2021 figures. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 138% against the previous year. As a result, imports attained the peak of 769 units, and then dropped sharply in the following year.
In value terms, milking machines and dairy machinery imports shrank markedly to $2.7M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 126% against the previous year. As a result, imports attained the peak of $3.7M, and then contracted significantly in the following year.
| Import of Milking Machines and Dairy Machinery in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 34.3 | 83.6 | 266 | 775 | 182.7% |
| Italy | 192 | 232 | 378 | 238 | 7.4% |
| Poland | 66.3 | 82.2 | 553 | 216 | 48.2% |
| Turkey | 262 | 69.6 | 355 | 121 | -22.7% |
| Germany | 19.4 | 515 | 521 | 53.5 | 40.2% |
| China | 6.3 | 28.1 | 103 | 42.1 | 88.4% |
| Australia | 18.3 | 64.9 | 83.6 | 32.6 | 21.2% |
| Pakistan | 26.3 | 14.1 | 38.0 | 17.1 | -13.4% |
| Thailand | 41.9 | 33.2 | 35.7 | 11.6 | -34.8% |
| Others | 520 | 524 | 1,381 | 1,174 | 31.2% |
| Total | 1,188 | 1,646 | 3,715 | 2,680 | 31.2% |
Top Suppliers of Milking Machines and Dairy Machinery to Kuwait in 2022:
- Denmark (99.0 units)
- Turkey (44.0 units)
- Italy (34.0 units)
- China (34.0 units)
- Poland (33.0 units)
- Pakistan (26.0 units)
- Thailand (20.0 units)
- Australia (15.0 units)
- Germany (8.0 units)
Exports of Milking Machines and Dairy Machinery in Kuwait
In 2022, the amount of milking machines and dairy machineries exported from Kuwait surged to 8 units, jumping by 100% against the previous year's figure. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,900%. As a result, the exports reached the peak of 20 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, milking machines and dairy machinery exports skyrocketed to $19K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 3,822%. As a result, the exports reached the peak of $28K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milking Machines and Dairy Machinery in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.5 | 21.7 | 2.9 | 16.3 | 219.5% |
| Qatar | 0.1 | 1.4 | 0.1 | 2.0 | 171.4% |
| Bahrain | N/A | 0.2 | N/A | 0.2 | 0.0% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| China | N/A | N/A | 6.5 | N/A | 0% |
| Egypt | N/A | N/A | 0.1 | N/A | 0% |
| Singapore | N/A | 4.3 | N/A | N/A | 0% |
| Others | 0.2 | 0.6 | 0.1 | 0.5 | 35.7% |
| Total | 0.7 | 28.3 | 9.7 | 19.0 | 200.5% |
Top Export Markets for Milking Machines and Dairy Machinery from Kuwait in 2022:
- Saudi Arabia (6.0 units)
- Bahrain (1.0 units)
- Qatar (1.0 units)
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This report provides an in-depth analysis of the milking machine market in Kuwait.
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This report provides an in-depth analysis of the dairy machinery market in Kuwait.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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This report provides an in-depth analysis of the milking machine market in Kuwait.
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This report provides an in-depth analysis of the dairy machinery market in Kuwait.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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