Report Update Apr 1, 2024

Kuwait - Centrifuges - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Centrifuges Market 2024

Centrifuges Market Size in Kuwait

The Kuwaiti centrifuges market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, posted resilient growth. Centrifuges consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Centrifuges Production in Kuwait

In value terms, centrifuges production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Centrifuges Exports

Exports from Kuwait

In 2022, overseas shipments of centrifuges decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, centrifuges exports fell modestly to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for centrifuges exports from Kuwait, with a X% share of total exports. Moreover, centrifuges exports to the United Arab Emirates exceeded the volume sent to the second major destination, Iraq (X units), fourfold.

From 2013 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for centrifuges exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2022, the average centrifuges export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced a decline.

Centrifuges Imports

Imports into Kuwait

In 2022, overseas purchases of centrifuges increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, centrifuges imports soared to $X in 2022. In general, imports recorded a significant increase. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), Germany (X units) and China (X units) were the main suppliers of centrifuges imports to Kuwait, with a combined X% share of total imports. Sweden, Japan, Switzerland, Italy, the United States and South Korea lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the UK ($X) appeared to be the largest centrifuges suppliers to Kuwait, together comprising X% of total imports.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average centrifuges import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price saw a prominent expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for centrifuges in the world?

China constituted the country with the largest volume of centrifuges consumption, comprising approx. 33% of total volume. Moreover, centrifuges consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by the United States, with a 12% share.

What are the largest producers of centrifuges in the world?

China remains the largest centrifuges producing country worldwide, accounting for 32% of total volume. Moreover, centrifuges production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was held by the United States, with a 12% share.

What are the leading suppliers of centrifuges to Kuwait?

In value terms, the largest centrifuges suppliers to Kuwait were Germany, Sweden and the UK, together comprising 73% of total imports.

What are the leading importers of centrifuges from Kuwait?

In value terms, the United Arab Emirates emerged as the key foreign market for centrifuges exports from Kuwait, comprising 78% of total exports. The second position in the ranking was held by Iraq, with a 22% share of total exports.

What is the average export price for centrifuges in Kuwait?

In 2022, the average centrifuges export price amounted to $6,939 per unit, with an increase of 25% against the previous year.

What is the average import price for centrifuges in Kuwait?

In 2022, the average centrifuges import price amounted to $5,500 per unit, growing by 77% against the previous year.

This report provides an in-depth analysis of the centrifuges 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 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023