Kuwait - Bearing Housings not Incorporating Ball or Roller Bearings, Plain Shaft Bearings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2024
Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Kuwait
In 2022, the Kuwaiti market for bearing housings not incorporating ball or roller bearings, plain shaft bearings decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a significant increase. Bearing housing without ball bearing consumption peaked at $X in 2021, and then reduced sharply in the following year.
Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Kuwait
In value terms, bearing housing without ball bearing production rose slightly to $X in 2022 estimated in export price. Overall, production, however, saw significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.
Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings
Exports from Kuwait
In 2022, approx. X tons of bearing housings not incorporating ball or roller bearings, plain shaft bearings were exported from Kuwait; declining by X% against 2021 figures. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bearing housing without ball bearing exports fell significantly to $X in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Saudi Arabia (X tons) was the main destination for bearing housing without ball bearing exports from Kuwait, with a X% share of total exports. Moreover, bearing housing without ball bearing exports to Saudi Arabia exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The third position in this ranking was taken by Egypt (X kg), with a X% share.
From 2013 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Egypt (X% per year).
In value terms, Saudi Arabia ($X) emerged as the key foreign market for bearing housings not incorporating ball or roller bearings, plain shaft bearings exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.
From 2013 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Iraq (X% per year).
Export Prices by Country
The average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Belgium ($X per ton), while the average price for exports to Egypt ($X per ton) and Iraq ($X per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings
Imports into Kuwait
In 2022, approx. X tons of bearing housings not incorporating ball or roller bearings, plain shaft bearings were imported into Kuwait; which is down by X% on the previous year's figure. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, bearing housing without ball bearing imports fell to $X in 2022. Overall, total imports indicated a measured expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
Poland (X tons), China (X tons) and the United States (X tons) were the main suppliers of bearing housing without ball bearing imports to Kuwait, with a combined X% share of total imports. Japan, Turkey, Germany, Saudi Arabia, Mexico, Taiwan (Chinese), Vietnam, Canada, Thailand and India lagged somewhat behind, together comprising a further X%.
From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest bearing housing without ball bearing suppliers to Kuwait were the United States ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. China, Canada, India, Poland, Turkey, Taiwan (Chinese), Mexico, Thailand, Vietnam and Saudi Arabia lagged somewhat behind, together comprising a further X%.
Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price showed a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for bearing housing without ball bearing 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 28152350 - Bearing housings not incorporating ball or roller bearings, p lain shaft bearings
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
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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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