Kuwait: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Kuwait

In 2022, the Kuwaiti gravimetric filling machine market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable setback. Gravimetric filling machine consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Gravimetric Filling Machine Production in Kuwait

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. Gravimetric filling machine production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports from Kuwait

In 2022, overseas shipments of automatic gravimetric filling machines increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravimetric filling machine exports soared to $X in 2022. In general, exports enjoyed significant growth. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for gravimetric filling machine exports from Kuwait, accounting for a X% share of total exports. Moreover, gravimetric filling machine exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Spain (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for automatic gravimetric filling machines exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, rising by X% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Gravimetric Filling Machine Imports

Imports into Kuwait

In 2022, overseas purchases of automatic gravimetric filling machines increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, gravimetric filling machine imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of gravimetric filling machine to Kuwait, accounting for a X% share of total imports. Moreover, gravimetric filling machine imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), sevenfold.

From 2013 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the United Arab Emirates (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of automatic gravimetric filling machines to Kuwait, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Switzerland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average gravimetric filling machine import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price recorded a slight descent. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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