Kuwait - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVacuum Pump Price in Kuwait - 2021
Contents:
- Vacuum Pump Price in Kuwait (CIF) - 2022
- Vacuum Pump Price in Kuwait (FOB) - 2022
- Vacuum Pump Imports in Kuwait
- Vacuum Pump Exports in Kuwait
Vacuum Pump Price in Kuwait (CIF) - 2022
In 2022, the average vacuum pump import price amounted to $279 per unit, with an increase of 23% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 115%. Over the period under review, average import prices attained the peak figure at $429 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 the United States ($2,107 per unit), while the price for China ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vacuum Pump Price in Kuwait (FOB) - 2022
In 2022, the average vacuum pump export price amounted to $265 per unit, dropping by -5.1% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 4.2% against the previous year. The export price peaked at $814 per unit in 2013; however, from 2014 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 Saudi Arabia ($1,344 per unit), while the average price for exports to Germany ($51 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 Pakistan (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vacuum Pump Imports in Kuwait
In 2022, supplies from abroad of vacuum pumps was finally on the rise to reach 26K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous setback. Imports peaked at 121K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, vacuum pump imports soared to $7.3M in 2022. Overall, imports, however, faced a sharp slump. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Vacuum Pump in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 791 | 1,029 | 266 | 1,768 | 30.7% |
Italy | 6,487 | 916 | 204 | 1,130 | -44.2% |
Qatar | 324 | 870 | 288 | 760 | 32.9% |
Germany | 1,882 | 2,278 | 168 | 635 | -30.4% |
South Korea | 260 | 992 | 176 | 420 | 17.3% |
Belgium | 616 | 113 | 92.8 | 365 | -16.0% |
United States | 1,000 | 1,281 | 443 | 289 | -33.9% |
China | 2,010 | 1,313 | 450 | 130 | -59.9% |
India | 159 | 93.1 | 11.7 | 86.4 | -18.4% |
Others | 1,619 | 2,935 | 696 | 1,725 | 2.1% |
Total | 15,148 | 11,820 | 2,796 | 7,308 | -21.6% |
Top Suppliers of Vacuum Pump to Kuwait in 2022:
- India (undefinedK units)
- Italy (12.1K units)
- South Korea (2.8K units)
- China (2.7K units)
- Belgium (2.1K units)
- United Kingdom (1.9K units)
- Qatar (1.1K units)
- Germany (0.4K units)
- United States (0.1K units)
Vacuum Pump Exports in Kuwait
In 2022, the amount of vacuum pumps exported from Kuwait contracted to 993 units, with a decrease of -13.4% compared with the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of 1.1K units, and then shrank in the following year.
In value terms, vacuum pump exports contracted rapidly to $263K in 2022. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 56%. The exports peaked at $467K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Vacuum Pump in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 91.5 | 61.6 | 80.6 | 63.0 | -11.7% |
United Arab Emirates | 171 | 0.8 | 66.9 | 57.5 | -30.5% |
Saudi Arabia | 94.3 | 54.3 | 18.6 | 45.7 | -21.5% |
Iran | 47.3 | 18.6 | 59.3 | 44.6 | -1.9% |
Qatar | 11.6 | 19.1 | 15.1 | 13.1 | 4.1% |
United Kingdom | 7.4 | 5.9 | 9.4 | 8.1 | 3.1% |
Netherlands | 0.2 | 0.5 | 2.2 | 1.9 | 111.8% |
Germany | 2.1 | 1.8 | 2.5 | 1.9 | -3.3% |
United States | 2.1 | 1.4 | 1.8 | 1.3 | -14.8% |
Switzerland | N/A | 4.0 | N/A | N/A | 0% |
Others | 40.0 | 38.1 | 64.5 | 26.5 | -12.8% |
Total | 467 | 206 | 321 | 263 | -17.4% |
Top Export Markets for Vacuum Pump from Kuwait in 2022:
- Iran (497.0 units)
- Turkey (192.0 units)
- United Arab Emirates (66.0 units)
- Germany (37.0 units)
- Saudi Arabia (34.0 units)
- Netherlands (33.0 units)
- Qatar (32.0 units)
- United Kingdom (20.0 units)
- United States (15.0 units)
This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
- Prodcom 28132190 - Liquid ring
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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