Kuwait - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Kuwait - 2022
Contents:
- Safety Valve Price in Kuwait (CIF) - 2022
- Safety Valve Price in Kuwait (FOB) - 2022
- Safety Valve Imports in Kuwait
- Safety Valve Exports in Kuwait
Safety Valve Price in Kuwait (CIF) - 2022
The average safety valve import price stood at $57,889 per ton in 2022, surging by 67% against the previous year. In general, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2017 an increase of 89%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($217,614 per ton), while the price for the United Arab Emirates ($22,202 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Valve Price in Kuwait (FOB) - 2022
In 2022, the average safety valve export price amounted to $5,027 per ton, surging by 17% against the previous year. Over the period under review, the export price, however, faced a deep downturn. The growth pace was the most rapid in 2018 when the average export price increased by 153%. The export price peaked at $15,040 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($33,153 per ton), while the average price for exports to the United Arab Emirates ($3,445 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+22.3%), while the prices for the other major destinations experienced mixed trend patterns.
Safety Valve Imports in Kuwait
In 2022, after two years of decline, there was significant growth in supplies from abroad of safety or relief valves for pipes, boiler shells, tanks and vats, when their volume increased by 76% to 520 tons. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, safety valve imports skyrocketed to $30M in 2022. In general, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Safety Valve in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 2.1 | 2.0 | 17.8 | 75.4% |
| Singapore | N/A | 0.1 | 0.3 | 3.1 | 456.8% |
| France | 5.5 | 0.3 | 1.7 | 2.0 | -28.6% |
| Canada | 0.4 | 0.3 | 0.5 | 1.4 | 51.8% |
| India | N/A | 0.5 | 0.5 | 1.3 | 61.2% |
| China | 0.2 | 1.0 | 0.4 | 1.3 | 86.6% |
| Germany | 0.5 | 0.8 | 0.8 | 0.5 | 0.0% |
| Italy | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
| United Arab Emirates | 8.1 | 3.0 | 3.0 | 0.2 | -70.9% |
| Others | 0.8 | 1.2 | 0.8 | 2.2 | 40.1% |
| Total | 19.2 | 9.3 | 10.2 | 30.1 | 16.2% |
Top Suppliers of Safety Valve to Kuwait in 2022:
- United States (324.4 tons)
- China (51.6 tons)
- France (36.9 tons)
- India (34.4 tons)
- Canada (22.5 tons)
- Singapore (14.2 tons)
- United Arab Emirates (8.7 tons)
- Germany (3.6 tons)
- Italy (2.3 tons)
Safety Valve Exports in Kuwait
In 2022, exports of safety or relief valves for pipes, boiler shells, tanks and vats from Kuwait soared to 808 tons, increasing by 236% on 2021. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, safety valve exports skyrocketed to $4.1M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Safety Valve in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 2,626 | 0% |
| Iraq | 985 | N/A | N/A | 458 | -22.5% |
| Saudi Arabia | 348 | 955 | 508 | 351 | 0.3% |
| China | N/A | 1,094 | N/A | N/A | 0% |
| Vietnam | N/A | N/A | 306 | N/A | 0% |
| Others | 408 | 15.2 | 224 | 629 | 15.5% |
| Total | 1,741 | 2,065 | 1,038 | 4,063 | 32.6% |
Top Export Markets for Safety Valve from Kuwait in 2022:
- United Arab Emirates (762.1 tons)
- Saudi Arabia (22.9 tons)
- Iraq (13.8 tons)
This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
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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