Kuwait - Transmission Shafts And Cranks, Bearing Housings And Plain Shaft Bearings, Gears And Gearing And Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTransmission Shaft Price in Kuwait - 2021
Contents:
- Transmission Shaft Price in Kuwait (CIF) - 2021
- Transmission Shaft Price in Kuwait (FOB) - 2022
- Transmission Shaft Imports in Kuwait
- Transmission Shaft Exports in Kuwait
Transmission Shaft Price in Kuwait (CIF) - 2021
In December 2021, the average transmission shaft import price amounted to $33,106 per ton, remaining constant against the previous month. Overall, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in September 2021 when the average import price increased by 105% month-to-month. Over the period under review, average import prices hit record highs at $53,962 per ton in October 2021; however, from November 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($167K per ton), while the price for China ($8,691 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Transmission Shaft Price in Kuwait (FOB) - 2022
The average transmission shaft export price stood at $17,367 per ton in 2022, dropping by -17.2% against the previous year. Over the period under review, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 129% against the previous year. The export price peaked at $20,964 per ton in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($46,396 per ton), while the average price for exports to Pakistan ($542 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 Mexico (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Transmission Shaft Imports in Kuwait
In 2022, imports of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain into Kuwait shrank to 1.1K tons, declining by -11.8% compared with the year before. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 41%.
In value terms, transmission shaft imports reduced to $28M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year.
| Import of Transmission Shaft in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.3 | 2.7 | 2.6 | 5.5 | 8.6% |
| Germany | 5.8 | 3.2 | 5.6 | 4.3 | -9.5% |
| United States | 7.7 | 5.2 | 5.3 | 3.6 | -22.4% |
| China | 2.3 | 1.7 | 2.4 | 1.7 | -9.6% |
| Greece | 1.0 | 0.8 | 1.4 | 1.5 | 14.5% |
| South Korea | 1.2 | 0.6 | 0.3 | 1.0 | -5.9% |
| United Kingdom | 1.7 | 2.1 | 1.6 | 0.9 | -19.1% |
| Singapore | 0.1 | 0.2 | 0.7 | 0.7 | 91.3% |
| Mexico | 0.5 | 0.3 | 0.7 | 0.7 | 11.9% |
| India | 0.7 | 0.9 | 0.9 | 0.7 | 0.0% |
| Italy | 1.2 | 1.0 | 0.9 | 0.6 | -20.6% |
| Turkey | 0.4 | 0.2 | 0.5 | 0.3 | -9.1% |
| United Arab Emirates | 2.1 | 0.5 | 1.3 | 0.3 | -47.7% |
| Others | 5.6 | 5.6 | 6.2 | 6.0 | 2.3% |
| Total | 34.6 | 25.0 | 30.4 | 27.7 | -7.1% |
Top Suppliers of Transmission Shaft to Kuwait in 2022:
- China (240.1 tons)
- Japan (149.7 tons)
- United States (108.8 tons)
- Germany (77.7 tons)
- Singapore (48.2 tons)
- South Korea (42.3 tons)
- Mexico (38.0 tons)
- United Arab Emirates (37.6 tons)
- Turkey (34.9 tons)
- India (33.3 tons)
- Italy (27.7 tons)
- United Kingdom (23.7 tons)
- Greece (23.6 tons)
Transmission Shaft Exports in Kuwait
In 2022, shipments abroad of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain was finally on the rise to reach 45 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a noticeable setback.
In value terms, transmission shaft exports shrank modestly to $785K in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 8.2% against the previous year.
| Export of Transmission Shaft in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 42.0 | 303 | 298 | 267 | 85.2% |
| United Arab Emirates | 61.4 | 53.2 | 137 | 138 | 31.0% |
| Saudi Arabia | 63.9 | 85.3 | 94.0 | 108 | 19.1% |
| United States | 118 | 61.6 | 20.1 | 33.6 | -34.2% |
| Germany | 37.0 | 17.3 | 26.3 | 25.6 | -11.6% |
| Qatar | 178 | 12.5 | 16.6 | 20.0 | -51.7% |
| Oman | 28.4 | 44.8 | 7.3 | 13.5 | -22.0% |
| Singapore | 48.1 | 79.1 | 5.0 | 10.8 | -39.2% |
| Pakistan | 1.4 | 0.8 | 0.8 | 1.1 | -7.7% |
| Others | 136 | 115 | 191 | 167 | 7.1% |
| Total | 714 | 773 | 797 | 785 | 3.2% |
Top Export Markets for Transmission Shaft from Kuwait in 2022:
- Saudi Arabia (9.4 tons)
- Belgium (8.8 tons)
- United Arab Emirates (7.3 tons)
- Singapore (3.9 tons)
- Germany (2.3 tons)
- Qatar (2.1 tons)
- Pakistan (2.0 tons)
- United States (0.7 tons)
- Oman (0.5 tons)
This report provides an in-depth analysis of the transmission shaft 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 28152130 - Iron or steel roller chain of a kind used for cycles and motor cycles
- Prodcom 28152150 - Iron or steel roller chain (excluding of a kind used for cycles or motor-cycles)
- Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
- Prodcom 28152230 - Cranks and crankshafts
- Prodcom 28152250 - Cardan shafts
- Prodcom 28152270 - Other shafts
- Prodcom 28152330 - Bearing housings incorporating ball or roller bearings
- Prodcom 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
- Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
- Prodcom 28152500 - Flywheels and pulleys (including pulley blocks)
- Prodcom 28152600 - Clutches and shaft couplings (including universal joints)
- Prodcom 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
848
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1159
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
829
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
1311
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
848
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1159
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
829
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
