Kuwait - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Bending Machine Price in Kuwait - 2021
Contents:
- Wood Bending Machine Price in Kuwait (CIF) - 2022
- Wood Bending Machine Price in Kuwait (FOB) - 2022
- Wood Bending Machine Imports in Kuwait
- Wood Bending Machine Exports in Kuwait
Wood Bending Machine Price in Kuwait (CIF) - 2022
The average wood bending machine import price stood at $5,660 per unit in 2022, shrinking by -3.7% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 6%. The import price peaked at $19,706 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Austria ($47,610 per unit), while the price for Thailand ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+96.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Bending Machine Price in Kuwait (FOB) - 2022
The average wood bending machine export price stood at $2,035 per unit in 2022, waning by -19% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 13%. Over the period under review, the average export prices reached the maximum at $11,631 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($135,383 per unit), while the average price for exports to Saudi Arabia amounted to $1,106 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+87.9%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Bending Machine Imports in Kuwait
In 2022, purchases abroad of bending or assembling machines decreased by -2.7% to 73 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 187%. Imports peaked at 75 units in 2021, and then shrank slightly in the following year.
In value terms, wood bending machine imports shrank to $413K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 186% against the previous year. Imports peaked at $441K in 2021, and then contracted in the following year.
| Import of Wood Bending Machine in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 60.3 | 165 | 86.7 | 100 | 18.4% |
| Turkey | 8.3 | 7.1 | 38.3 | 83.6 | 116.0% |
| China | 14.0 | 74.1 | 84.2 | 51.5 | 54.4% |
| Italy | 8.9 | 47.3 | 78.8 | 48.2 | 75.6% |
| India | 7.6 | 25.0 | 16.1 | 10.3 | 10.7% |
| Taiwan (Chinese) | 1.7 | 11.4 | 7.1 | 4.4 | 37.3% |
| United Kingdom | 1.2 | 4.4 | 3.2 | 2.4 | 26.0% |
| United States | 0.9 | 0.3 | 2.3 | 1.4 | 15.9% |
| Egypt | 1.1 | 3.4 | 2.1 | 1.3 | 5.7% |
| Thailand | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Saudi Arabia | N/A | 7.7 | 7.1 | N/A | -7.8% |
| Others | 30.7 | 39.1 | 115 | 110 | 53.0% |
| Total | 135 | 385 | 441 | 413 | 45.2% |
Top Suppliers of Wood Bending Machine to Kuwait in 2022:
- Taiwan (Chinese) (29.0 units)
- Thailand (14.0 units)
- Egypt (6.0 units)
- Turkey (5.0 units)
- United States (4.0 units)
- United Kingdom (4.0 units)
- China (3.0 units)
- Italy (2.0 units)
- India (2.0 units)
- Austria (2.0 units)
Wood Bending Machine Exports in Kuwait
For the fourth year in a row, Kuwait recorded growth in overseas shipments of bending or assembling machines, which increased by 22% to 28 units in 2022. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood bending machine exports fell slightly to $57K in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 3% against the previous year. The exports peaked at $58K in 2021, and then contracted modestly in the following year.
| Export of Wood Bending Machine in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.7 | 9.0 | 1.8 | 30.8 | 162.6% |
| Spain | 0.3 | N/A | 55.8 | N/A | 1263.8% |
| Egypt | 44.1 | N/A | N/A | N/A | 0% |
| Others | 8.4 | 47.2 | 0.1 | 26.2 | 46.1% |
| Total | 54.5 | 56.2 | 57.8 | 57.0 | 1.5% |
Top Export Markets for Wood Bending Machine from Kuwait in 2022:
- Saudi Arabia (28.0 units)
This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
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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