Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (CIF) - 2022
  2. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (FOB) - 2022
  3. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait
  4. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $2,207 per unit, which is down by -44.3% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $6,161 per unit in 2012; however, from 2013 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 China ($2,727 per unit), while the price for the United Arab Emirates stood at $844 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+66.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (FOB) - 2022

The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $124 per unit in 2022, with an increase of 34% against the previous year. In general, the export price, however, showed a abrupt decline. The export price peaked at $1,010 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -14.8% per year.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait

In 2022, purchases abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -40% to 3 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 5 units, and then declined sharply in the following year.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses fell notably to $4.4K in 2022. In general, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 236% against the previous year. As a result, imports attained the peak of $7.9K, and then contracted sharply in the following year.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.71.95.92.70.0%
United Arab Emirates0.20.32.01.7104.1%
IndiaN/A0.2N/AN/A0%
Italy0.1N/AN/AN/A0%
TurkeyN/AN/A0.1N/A0%
OthersN/AN/AN/AN/A0%
Total3.12.47.94.412.4%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Kuwait in 2022:

  1. United Arab Emirates (2.0 units)
  2. China (1.0 units)

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait

In 2022, overseas shipments of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -25% to 3 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of 4 units, and then declined markedly in the following year.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $371 in 2022. In general, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 339% against the previous year. Over the period under review, the exports of hit record highs at $424 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia42478.0369371-4.4%
United Arab EmiratesN/A6.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total42484.0369371-4.4%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Kuwait in 2022:

  1. Saudi Arabia (3.0 units)

Source: IndexBox Market Intelligence Platform

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