Price for Tanker Trailers and Tanker Semi-Trailers in Kuwait - 2021

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in Kuwait (CIF) - 2022
2. Price for Tanker Trailers and Tanker Semi-Trailers in Kuwait (FOB) - 2022
3. Imports of Tanker Trailers and Tanker Semi-Trailers in Kuwait
4. Exports of Tanker Trailers and Tanker Semi-Trailers in Kuwait

Price for Tanker Trailers and Tanker Semi-Trailers in Kuwait (CIF) - 2022

The average import price for tanker trailers and tanker semi-trailerses stood at $48,943 per unit in 2022, growing by 13% against the previous year. Overall, the import price showed a buoyant increase. The growth pace was the most rapid in 2014 when the average import price increased by 155%. Over the period under review, average import prices reached the peak figure at $53,362 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($85,734 per unit), while the price for Sweden ($5,973 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in Kuwait (FOB) - 2022

In 2022, the average export price for tanker trailers and tanker semi-trailerses amounted to $8,026 per unit, surging by 57% against the previous year. Overall, the export price, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 299% against the previous year. Over the period under review, the average export prices attained the maximum at $28,302 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($290,795 per unit), while the average price for exports to Bahrain ($300 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 Qatar (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tanker Trailers and Tanker Semi-Trailers in Kuwait

In 2022, overseas purchases of tanker trailers and tanker semi-trailerses increased by 51% to 139 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decrease. Over the period under review, imports reached the peak figure at 209 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, tanker trailers and tanker semi-trailers imports soared to $6.8M in 2022. Over the period under review, imports, however, faced a deep downturn. Over the period under review, imports attained the peak figure at $10M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Kuwait in 2022:

1. United Arab Emirates (34.0 units)
2. United States (19.0 units)
3. Egypt (18.0 units)
4. China (18.0 units)
5. Saudi Arabia (11.0 units)
6. Italy (6.0 units)
7. Oman (5.0 units)
8. India (5.0 units)
9. Turkey (4.0 units)
10. Qatar (4.0 units)
11. Sweden (4.0 units)

Exports of Tanker Trailers and Tanker Semi-Trailers in Kuwait

In 2022, after two years of decline, there was significant growth in shipments abroad of tanker trailers and tanker semi-trailerses, when their volume increased by 221% to 93 units. Overall, exports, however, recorded a pronounced contraction. The exports peaked at 101 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tanker trailers and tanker semi-trailers exports surged to $746K in 2022. In general, exports, however, showed a abrupt descent. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Kuwait in 2022:

1. Bahrain (74.0 units)
2. Sudan (10.0 units)
3. Saudi Arabia (3.0 units)
4. United Arab Emirates (1.0 units)
5. Qatar (1.0 units)
6. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform