Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $83 per unit in 2022, surging by 6.2% against the previous year. Overall, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 22% against the previous year. The import price peaked at $119 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($802 per unit), while the price for Saudi Arabia ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $299 per unit in 2022, with a decrease of -27.4% against the previous year. In general, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $413 per unit in 2021, and then shrank notably in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($593 per unit), while the average price for exports to the United Arab Emirates ($139 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 the Netherlands (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type increased by 3.8% to 9.5K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic descent. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded remarkably to $787K in 2022. Over the period under review, imports, however, faced a precipitous slump. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 325 | 105 | 96.4 | 170 | -19.4% |
| China | 534 | 370 | 275 | 163 | -32.7% |
| Germany | 491 | 95.9 | 84.6 | 128 | -36.1% |
| Saudi Arabia | 71.5 | 16.3 | 1.6 | 24.0 | -30.5% |
| Others | 602 | 314 | 257 | 302 | -20.5% |
| Total | 2,023 | 902 | 715 | 787 | -27.0% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Kuwait in 2022:
- China (6.0K units)
- Saudi Arabia (1.2K units)
- Germany (1.0K units)
- Japan (0.6K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Kuwait reduced markedly to 407 units, shrinking by -58% compared with the previous year's figure. Over the period under review, exports recorded a precipitous setback. The smallest decline of -22.9% was in 2020. The exports peaked at 2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type fell remarkably to $122K in 2022. Overall, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 4.7%. As a result, the exports reached the peak of $483K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1.9 | 0.7 | 146 | 47.4 | 192.2% |
| Netherlands | 107 | 109 | 106 | 41.0 | -27.4% |
| United Arab Emirates | 182 | 166 | 36.8 | 13.5 | -58.0% |
| Oman | 0.3 | 65.2 | 2.5 | 6.8 | 183.0% |
| Saudi Arabia | 122 | 103 | 42.0 | 0.2 | -88.2% |
| Others | 48.1 | 39.5 | 66.1 | 12.9 | -35.5% |
| Total | 462 | 483 | 400 | 122 | -35.8% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Kuwait in 2022:
- Netherlands (200.0 units)
- United Arab Emirates (97.0 units)
- Qatar (80.0 units)
- Oman (16.0 units)
- Saudi Arabia (1.0 units)
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