Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (FOB) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (CIF) - 2022
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $7,352 per unit in 2022, growing by 8% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,377 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Iran ($12,481 per unit), while the average price for exports to Egypt ($3,378 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+7,822.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $5,562 per unit, shrinking by -31.8% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 60%. Over the period under review, average import prices hit record highs at $35,625 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Germany ($31,216 per unit), while the price for China ($1,985 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Kuwait skyrocketed to 29K units in 2022, surging by 183% on 2021. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $211M in 2022. In general, exports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 272%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 65.7 | 0% |
Egypt | 1.7 | 0.8 | 8.3 | 31.4 | 164.3% |
Saudi Arabia | 8.7 | 0.9 | 7.2 | 30.7 | 52.2% |
Jordan | 2.4 | 0.8 | 4.5 | 23.4 | 113.6% |
Iraq | 96.7 | 13.1 | 28.3 | 16.4 | -44.6% |
Lebanon | 0.1 | N/A | 0.8 | 13.2 | 409.2% |
Qatar | 0.7 | N/A | 0.7 | 9.6 | 139.4% |
Yemen | 1.8 | 1.9 | 9.8 | 1.4 | -8.0% |
Guinea | N/A | N/A | N/A | 0.1 | 0% |
Others | 12.8 | 0.8 | 9.5 | 19.0 | 14.1% |
Total | 125 | 18.6 | 69.1 | 211 | 19.1% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Kuwait in 2022:
- Egypt (9.3K units)
- United Arab Emirates (5.3K units)
- Jordan (5.2K units)
- Saudi Arabia (2.5K units)
- Lebanon (2.3K units)
- Iraq (1.3K units)
- Qatar (0.8K units)
- Yemen (0.3K units)
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait
In 2022, after two years of decline, there was significant growth in overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs, when their volume increased by 7,365% to 5.7K units. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs skyrocketed to $32M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.5 | 1.3 | N/A | 11.9 | 68.2% |
China | N/A | 0.3 | 0.1 | 8.1 | 419.6% |
United States | 5.8 | 0.3 | 0.2 | 4.4 | -8.8% |
France | 0.3 | 0.1 | N/A | 1.5 | 71.0% |
United Arab Emirates | 1.9 | 0.5 | 0.2 | N/A | -67.6% |
Others | 5.6 | 0.7 | 0.1 | 6.0 | 2.3% |
Total | 16.1 | 3.1 | 0.6 | 32.0 | 25.7% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Kuwait in 2022:
- China (4093.0 units)
- Japan (891.0 units)
- United States (332.0 units)
- France (112.0 units)
- United Arab Emirates (3.0 units)
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Explore the top import markets for passenger cars, their key statistics, and the significant players in these markets. Find out the import values of countries like the United States, Germany, China, and more. Gain insights into the global automotive industry with IndexBox market intelligence.
In 2016, the global passenger car imports stood at X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
In 2016, the global passenger car imports stood at X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Explore the top import markets for passenger cars, their key statistics, and the significant players in these markets. Find out the import values of countries like the United States, Germany, China, and more. Gain insights into the global automotive industry with IndexBox market intelligence.