Price for Textile Machinery; Spinning Machines in Kuwait - 2021
Contents:
- Price for Textile Machinery; Spinning Machines in Kuwait (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Kuwait
Price for Textile Machinery; Spinning Machines in Kuwait (CIF) - 2022
The average textile machinery; spinning machines import price stood at $1,253 per unit in 2022, with an increase of 293% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 345% against the previous year. Over the period under review, average import prices reached the maximum at $3,650 per unit in 2018; however, from 2019 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 the United States ($2,490 per unit), while the price for China amounted to $16 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%).
Imports of Textile Machinery; Spinning Machines in Kuwait
After three years of growth, supplies from abroad of textile machinery; spinning machineses decreased by -50% to 2 units in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 100%. As a result, imports attained the peak of 4 units, and then dropped notably in the following year.
In value terms, textile machinery; spinning machines imports soared to $2.5K in 2022. Overall, imports faced a sharp reduction. Imports peaked at $6.4K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; Spinning Machines in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 3.6 | 1.1 | 2.5 | -24.9% |
| China | 0.5 | 0.1 | N/A | N/A | -80.0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.4 | 3.7 | 1.3 | 2.5 | -26.9% |
Top Suppliers of Textile Machinery; Spinning Machines to Kuwait in 2022:
- United States (1.0 units)
- China (1.0 units)
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