Kuwait - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Kuwait - 2021
Contents:
- Starter Motor Price in Kuwait (CIF) - 2022
- Starter Motor Price in Kuwait (FOB) - 2022
- Starter Motor Imports in Kuwait
- Starter Motor Exports in Kuwait
Starter Motor Price in Kuwait (CIF) - 2022
The average starter motor import price stood at $36 per unit in 2022, with a decrease of -8.2% against the previous year. Overall, the import price showed a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. The import price peaked at $46 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($79 per unit), while the price for the United States ($33 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Starter Motor Price in Kuwait (FOB) - 2022
The average starter motor export price stood at $58 per unit in 2022, reducing by -12.8% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56%. The export price peaked at $192 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($89 per unit), while the average price for exports to the Czech Republic ($5 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 Hong Kong SAR (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Starter Motor Imports in Kuwait
In 2022, imports of starter motors and dual purpose starter generators into Kuwait contracted to 73K units, with a decrease of -10.9% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of 81K units, and then declined in the following year.
In value terms, starter motor imports shrank markedly to $2.6M in 2022. Overall, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $3.2M, and then reduced markedly in the following year.
| Import of Starter Motor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 16.7 | 12.3 | 386 | 920 | 280.5% |
| United States | 1,807 | 838 | 1,063 | 709 | -26.8% |
| United Arab Emirates | 515 | 493 | 528 | 359 | -11.3% |
| Japan | 110 | 78.5 | 349 | 93.3 | -5.3% |
| China | 82.5 | 122 | 70.7 | 68.8 | -5.9% |
| Germany | 71.7 | 63.4 | 88.5 | 38.2 | -18.9% |
| France | 13.0 | 7.1 | 15.4 | 36.9 | 41.6% |
| Malaysia | 99.7 | 46.9 | 155 | 35.7 | -29.0% |
| Others | 295 | 384 | 556 | 368 | 7.6% |
| Total | 3,011 | 2,045 | 3,212 | 2,629 | -4.4% |
Top Suppliers of Starter Motor to Kuwait in 2022:
- United Kingdom (25.0K units)
- United States (21.2K units)
- United Arab Emirates (9.7K units)
- Japan (2.5K units)
- France (1.0K units)
- Malaysia (1.0K units)
- Germany (1.0K units)
- China (0.9K units)
Starter Motor Exports in Kuwait
In 2022, shipments abroad of starter motors and dual purpose starter generators increased by 4.5% to 116 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic curtailment. Over the period under review, the exports reached the maximum at 333 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, starter motor exports dropped to $6.8K in 2022. Overall, exports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked at $35K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Starter Motor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 3.0 | 0% |
| United States | N/A | N/A | 5.7 | 0.5 | -91.2% |
| Egypt | 10.4 | N/A | N/A | 0.2 | -73.2% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 13.7 | 1.7 | N/A | N/A | -87.6% |
| Czech Republic | 0.6 | N/A | N/A | N/A | 0% |
| Iran | N/A | 4.3 | 0.3 | N/A | -93.0% |
| Mauritius | 9.6 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.1 | 1.3 | 3.0 | 71.0% |
| Total | 34.8 | 6.1 | 7.4 | 6.8 | -42.0% |
Top Export Markets for Starter Motor from Kuwait in 2022:
- France (51.0 units)
- United States (9.0 units)
- Egypt (3.0 units)
- Czech Republic (1.0 units)
- India (1.0 units)
This report provides an in-depth analysis of the starter motor 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 29312230 - Starter motors and dual-purpose starter-generators
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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