Price for Tractors; (Other than Tractors of Heading No 8709) in Kuwait - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Kuwait (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Kuwait (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Kuwait
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Kuwait
Price for Tractors; (Other than Tractors of Heading No 8709) in Kuwait (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $39,840 per unit in 2022, reducing by -42.4% against the previous year. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. As a result, import price attained the peak level of $69,174 per unit, and then declined notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($204,054 per unit), while the price for China ($15,026 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 Arab Emirates (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Kuwait (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $20,920 per unit in 2022, rising by 20% against the previous year. Overall, the export price showed a significant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 4,819% against the previous year. Over the period under review, the average export prices hit record highs at $37,056 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($39,097 per unit), while the average price for exports to Yemen ($4,597 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 Egypt (+128.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Kuwait
In 2022, supplies from abroad of tractors; (other than tractors of heading no 8709)s was finally on the rise to reach 1.1K units after two years of decline. Over the period under review, imports, however, saw a deep slump. Over the period under review, imports of hit record highs at 1.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s reduced sharply to $42M in 2022. Overall, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked at $64M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 5.2 | 0.9 | 9.1 | 183.4% |
| Germany | 51.2 | 19.2 | 31.2 | 5.9 | -51.3% |
| Finland | 1.0 | 1.3 | 3.4 | 4.7 | 67.5% |
| Japan | 1.9 | 1.7 | 3.5 | 3.9 | 27.1% |
| Sweden | 0.3 | 0.3 | 2.6 | 3.6 | 128.9% |
| Netherlands | 0.3 | 0.8 | 0.5 | 3.1 | 117.8% |
| United Arab Emirates | 0.1 | 0.6 | 2.2 | 1.9 | 166.8% |
| South Korea | N/A | 0.3 | 1.4 | 1.7 | 138.0% |
| Qatar | 0.7 | 0.6 | 0.1 | 1.2 | 19.7% |
| Pakistan | N/A | 0.2 | 0.2 | 0.7 | 87.1% |
| United States | 1.4 | 3.4 | 4.0 | 0.6 | -24.6% |
| India | 1.8 | 0.1 | 1.3 | 0.4 | -39.4% |
| Turkey | 1.1 | 2.0 | 2.2 | 0.3 | -35.2% |
| Others | 3.7 | 2.2 | 3.9 | 4.7 | 8.3% |
| Total | 64.1 | 37.9 | 57.3 | 41.9 | -13.2% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Kuwait in 2022:
- China (608.0 units)
- Germany (60.0 units)
- Qatar (43.0 units)
- Japan (37.0 units)
- United Arab Emirates (35.0 units)
- Netherlands (33.0 units)
- South Korea (25.0 units)
- Finland (23.0 units)
- Pakistan (19.0 units)
- Sweden (19.0 units)
- India (13.0 units)
- United States (13.0 units)
- Turkey (6.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Kuwait
In 2022, approx. 124 units of tractors; (other than tractors of heading no 8709)s were exported from Kuwait; increasing by 276% against the year before. Overall, exports, however, recorded a perceptible reduction. The exports peaked at 163 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tractors; (other than tractors of heading no 8709)s surged to $2.6M in 2022. Over the period under review, exports, however, showed a abrupt decrease. Over the period under review, the exports of hit record highs at $4.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 202 | 155 | 94.3 | 672 | 49.3% |
| United Arab Emirates | 1,329 | 1,029 | 234 | 469 | -29.3% |
| Belgium | 376 | 276 | 51.0 | 391 | 1.3% |
| Qatar | 1,099 | 394 | 29.4 | 268 | -37.5% |
| Egypt | 19.7 | 25.7 | 8.1 | 209 | 119.7% |
| Uganda | 34.0 | 39.9 | 18.8 | 144 | 61.8% |
| Iraq | 129 | 252 | 13.2 | 101 | -7.8% |
| Oman | 104 | 77.1 | 15.1 | 94.1 | -3.3% |
| Syrian Arab Republic | 64.4 | 34.7 | 4.1 | 45.5 | -10.9% |
| Sudan | 334 | 161 | 34.5 | 32.3 | -54.1% |
| Libya | 78.8 | 66.6 | 16.3 | 14.8 | -42.7% |
| Nigeria | N/A | 117 | N/A | N/A | 0% |
| Tanzania | N/A | 46.4 | N/A | N/A | 0% |
| Others | 1,158 | 76.9 | 54.9 | 153 | -49.1% |
| Total | 4,928 | 2,751 | 574 | 2,594 | -19.3% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Kuwait in 2022:
- Saudi Arabia (31.0 units)
- Egypt (27.0 units)
- United Arab Emirates (17.0 units)
- Belgium (10.0 units)
- Oman (8.0 units)
- Qatar (7.0 units)
- Uganda (5.0 units)
- Iraq (3.0 units)
- Syrian Arab Republic (2.0 units)
- Libya (1.0 units)
- Sudan (1.0 units)
295
This report provides an in-depth analysis of the market for road tractor for semi-trailer in Kuwait.
643
This report provides an in-depth analysis of the tractor market in Kuwait.
287
This report provides an in-depth analysis of the crawler tractor market in Kuwait.
339
This report provides an in-depth analysis of the pedestrian-controlled tractor market in Kuwait.
215
This report provides an in-depth analysis of the market for agricultural and forestry tractor in Kuwait.
901
This report provides an in-depth analysis of the global market for road tractor for semi-trailer.
3520
This report provides an in-depth analysis of the global tractor market.
1247
This report provides an in-depth analysis of the global crawler tractor market.
518
This report provides an in-depth analysis of the global pedestrian-controlled tractor market.
271
This report provides an in-depth analysis of the global market for agricultural and forestry tractor.
977
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
717
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1383
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
113
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
260
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
977
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
717
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
1383
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
113
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
260
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
