Kuwait - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPump for Liquid Price in Kuwait - 2021
Contents:
- Pump for Liquid Price in Kuwait (CIF) - 2022
- Pump for Liquid Price in Kuwait (FOB) - 2022
- Pump for Liquid Imports in Kuwait
- Pump for Liquid Exports in Kuwait
Pump for Liquid Price in Kuwait (CIF) - 2022
In 2022, the average pump for liquid import price amounted to $173 per unit, shrinking by -19.3% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 75% against the previous year. Over the period under review, average import prices reached the peak figure at $403 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Argentina ($2,699 per unit), while the price for Taiwan (Chinese) ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pump for Liquid Price in Kuwait (FOB) - 2022
The average pump for liquid export price stood at $700 per unit in 2022, picking up by 5.4% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 107%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Oman ($1,320 per unit), while the average price for exports to Hong Kong SAR ($43 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 Kazakhstan (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pump for Liquid Imports in Kuwait
In 2022, the amount of pumps for liquids and liquid elevators imported into Kuwait skyrocketed to 600K units, increasing by 32% against 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, imports reached the peak of 872K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pump for liquid imports totaled $104M in 2022. Over the period under review, imports, however, faced a abrupt decline. Imports peaked at $178M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Pump for Liquid in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 24.5 | 17.7 | 28.7 | 24.6 | 0.1% |
United Arab Emirates | 6.4 | 6.3 | 6.0 | 15.3 | 33.7% |
United States | 35.9 | 29.0 | 15.2 | 10.0 | -34.7% |
Germany | 8.8 | 6.0 | 5.5 | 7.9 | -3.5% |
Italy | 23.0 | 8.2 | 6.6 | 6.8 | -33.4% |
Saudi Arabia | 2.9 | 3.1 | 2.3 | 5.0 | 19.9% |
China | 10.1 | 9.6 | 3.7 | 4.5 | -23.6% |
Japan | 15.1 | 2.0 | 3.4 | 3.4 | -39.2% |
United Kingdom | 8.2 | 3.6 | 3.0 | 2.5 | -32.7% |
Denmark | 0.8 | 0.5 | 0.9 | 1.7 | 28.6% |
Spain | 3.5 | 1.2 | 1.8 | 1.0 | -34.1% |
Taiwan (Chinese) | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
Others | 38.0 | 23.2 | 19.9 | 20.8 | -18.2% |
Total | 178 | 111 | 97.3 | 104 | -16.4% |
Top Suppliers of Pump for Liquid to Kuwait in 2022:
- China (200.2K units)
- United Arab Emirates (74.7K units)
- Italy (54.1K units)
- Japan (31.2K units)
- Taiwan (Chinese) (28.6K units)
- Saudi Arabia (25.7K units)
- Germany (24.8K units)
- United States (23.7K units)
- Denmark (13.1K units)
- Spain (10.3K units)
- Argentina (9.1K units)
- United Kingdom (4.5K units)
Pump for Liquid Exports in Kuwait
In 2022, shipments abroad of pumps for liquids and liquid elevators decreased by -22.3% to 6.3K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. As a result, the exports reached the peak of 8.1K units, and then shrank markedly in the following year.
In value terms, pump for liquid exports shrank notably to $4.4M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, the exports attained the peak of $5.4M, and then fell rapidly in the following year.
Export of Pump for Liquid in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 735 | 858 | 1,582 | 1,223 | 18.5% |
United Arab Emirates | 354 | 669 | 682 | 556 | 16.2% |
Belgium | 370 | 348 | 414 | 377 | 0.6% |
Oman | 225 | 85.3 | 528 | 376 | 18.7% |
Kazakhstan | N/A | N/A | 0.6 | 349 | 58066.7% |
Qatar | 177 | 358 | 160 | 229 | 9.0% |
United Kingdom | 359 | 157 | 163 | 195 | -18.4% |
Iran | 46.9 | 55.9 | 118 | 105 | 30.8% |
United States | 57.7 | 73.0 | 85.1 | 74.6 | 8.9% |
South Korea | 86.5 | 12.4 | 60.4 | 56.5 | -13.2% |
Denmark | 19.8 | 39.1 | 56.1 | 48.3 | 34.6% |
Iraq | 27.9 | 30.7 | 34.8 | 39.5 | 12.3% |
Hong Kong SAR | 31.2 | 48.3 | 67.9 | 9.4 | -33.0% |
Others | 629 | 716 | 1,460 | 793 | 8.0% |
Total | 3,118 | 3,451 | 5,410 | 4,431 | 12.4% |
Top Export Markets for Pump for Liquid from Kuwait in 2022:
- United Arab Emirates (1209.0 units)
- Saudi Arabia (1004.0 units)
- United Kingdom (888.0 units)
- Kazakhstan (544.0 units)
- Belgium (383.0 units)
- Oman (285.0 units)
- Denmark (273.0 units)
- South Korea (222.0 units)
- Hong Kong SAR (221.0 units)
- Qatar (191.0 units)
- United States (161.0 units)
- Iran (133.0 units)
- Iraq (132.0 units)
This report provides an in-depth analysis of the pump for liquid market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28121320 - Hydraulic pumps (radial piston)
- Prodcom 28121350 - Hydraulic pumps (gear)
- Prodcom 28121380 - Hydraulic pumps (vane)
- Prodcom 28121530 - Hydraulic pumps (axial piston)
- Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
- Prodcom 28131105 - Petrol and oil dispensing pumps, unit
- Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
- Prodcom 28131145 - Positive displacement pumps, hand pumps
- Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
- Prodcom 28131185 - Concrete pumps
- Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
- Prodcom 28131250 - In-line reciprocating piston pumps
- Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
- Prodcom 28131320 - Positive displacement pumps, rotary, gear
- Prodcom 28131340 - Positive displacement pumps, rotary, vane
- Prodcom 28131360 - Positive displacement pumps, rotary, screw
- Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
- Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
- Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
- Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
- Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
- Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
- Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
- Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
- Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
- Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
- Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
- Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
- Prodcom 28131480 - Other liquid pumps, liquid elevators
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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