Pumps; Parts Thereof Price in Kuwait - 2021
Contents:
- Pumps; Parts Thereof Price in Kuwait (CIF) - 2022
- Pumps; Parts Thereof Price in Kuwait (FOB) - 2022
- Pumps; Parts Thereof Imports in Kuwait
- Pumps; Parts Thereof Exports in Kuwait
Pumps; Parts Thereof Price in Kuwait (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $37,430 per ton, remaining stable against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 16%. As a result, import price attained the peak level of $37,649 per ton, leveling off in the following year.
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 Italy ($183,872 per ton), while the price for China ($16,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Kuwait (FOB) - 2022
The average pumps; parts thereof export price stood at $8,316 per ton in 2022, picking up by 25% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 48% against the previous year. The export price peaked at $13,711 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($13,949 per ton), while the average price for exports to Oman ($5,430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Kuwait
After two years of decline, supplies from abroad of pumps; parts thereoves increased by 3.5% to 2K tons in 2022. Over the period under review, imports, however, saw a deep contraction.
In value terms, pumps; parts thereof imports amounted to $76M in 2022. Overall, imports, however, showed a abrupt setback.
| Import of Pumps; Parts Thereof in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 14.8 | 11.9 | 22.1 | 18.6 | 7.9% |
| United States | 21.7 | 19.9 | 7.7 | 13.2 | -15.3% |
| Italy | 10.9 | 12.4 | 12.6 | 10.6 | -0.9% |
| Japan | 11.3 | 7.3 | 5.7 | 6.5 | -16.8% |
| Saudi Arabia | 0.2 | 0.9 | 5.4 | 4.5 | 182.3% |
| South Korea | 7.2 | 6.3 | 2.1 | 4.1 | -17.1% |
| China | 4.5 | 3.5 | 3.0 | 3.0 | -12.6% |
| Others | 20.2 | 16.0 | 15.5 | 15.6 | -8.3% |
| Total | 90.8 | 78.2 | 74.0 | 76.1 | -5.7% |
Top Suppliers of Pumps; Parts Thereof to Kuwait in 2022:
- United Arab Emirates (907.9 tons)
- United States (293.5 tons)
- Saudi Arabia (203.0 tons)
- China (178.1 tons)
- South Korea (109.8 tons)
- Italy (57.6 tons)
- Japan (37.3 tons)
Pumps; Parts Thereof Exports in Kuwait
Pumps; parts thereof exports from Kuwait contracted markedly to 107 tons in 2022, waning by -53.4% against the previous year's figure. Over the period under review, exports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 666%.
In value terms, pumps; parts thereof exports shrank significantly to $891K in 2022. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 503% against the previous year.
| Export of Pumps; Parts Thereof in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 221 | 199 | 467 | 420 | 23.9% |
| Qatar | 1,522 | 25.1 | 82.8 | 311 | -41.1% |
| Oman | 38.6 | 24.7 | 412 | 118 | 45.1% |
| China | N/A | N/A | 39.7 | N/A | 0% |
| Turkey | N/A | N/A | 48.6 | N/A | 0% |
| Others | 213 | 4.8 | 477 | 42.2 | -41.7% |
| Total | 1,995 | 253 | 1,528 | 891 | -23.6% |
Top Export Markets for Pumps; Parts Thereof from Kuwait in 2022:
- Qatar (54.0 tons)
- Saudi Arabia (30.1 tons)
- Oman (21.7 tons)
209
This report provides an in-depth analysis of the pumps for liquids market in Kuwait.
147
This report provides an in-depth analysis of the market for hydraulic pump (gear or vane) and other rotary positive displacement pump in Kuwait.
243
This report provides an in-depth analysis of the liquid dispensing pump market in Kuwait.
301
This report provides an in-depth analysis of the oil dispensing pump market in Kuwait.
311
This report provides an in-depth analysis of the positive displacement pump market in Kuwait.
277
This report provides an in-depth analysis of the market for fuel or lubricating pump in Kuwait.
369
This report provides an in-depth analysis of the concrete pump market in Kuwait.
365
Global Positive Displacement Diaphragm Pump Market Report 2018. This report provides an in-depth analysis of the global market for positive displacement diaphragm pump.
156
This report provides an in-depth analysis of the global pumps for liquids market.
168
This report provides an in-depth analysis of the global market for hydraulic pump (gear or vane) and other rotary positive displacement pump.
598
Looking to learn more about the future of water pumps and the market forecast? This article covers the latest trends and predictions for the water pump industry, with insights from an IndexBox report. Discover what's in store for this crucial market and what factors will drive its growth in the coming years.
231
Explore the top import markets for fuel or lubricating pumps based on import values. Gain insights into countries like the United States, Germany, China, and more. Find out their import values and understand market trends using IndexBox market intelligence platform.
1739
In 2016, the amount of pump for liquid imported worldwide stood at X tons, approximately equating the previous year figure. Overall, pump for liquid imports continue to indicate a relatively flat ...
1570
In 2016, the amount of pump for liquid imported worldwide stood at X tons, approximately equating the previous year figure. Overall, pump for liquid imports continue to indicate a relatively flat ...
598
Looking to learn more about the future of water pumps and the market forecast? This article covers the latest trends and predictions for the water pump industry, with insights from an IndexBox report. Discover what's in store for this crucial market and what factors will drive its growth in the coming years.
231
Explore the top import markets for fuel or lubricating pumps based on import values. Gain insights into countries like the United States, Germany, China, and more. Find out their import values and understand market trends using IndexBox market intelligence platform.
