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Kuwait - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Kuwait

After three years of decline, the Kuwaiti market for domestic, non-electric, cooking or heating appliances increased by less than X% to $X in 2021. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Kuwait

In 2021, approx. X tons of domestic, non-electric, cooking or heating appliances were exported from Kuwait; rising by X% against the previous year's figure. Over the period under review, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X tons), Iran (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Kuwait, together comprising X% of total exports. Saudi Arabia, Lebanon, Iraq and India lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Iran ($X) and the United Arab Emirates ($X) were the largest markets for domestic, non-electric, cooking or heating appliance exported from Kuwait worldwide, with a combined X% share of total exports.

Iran, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, dropping by -X% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, 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 a decline.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Kuwait

Imports of domestic, non-electric, cooking or heating appliances into Kuwait expanded to X tons in 2021, surging by X% on the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of domestic, non-electric, cooking or heating appliances amounted to $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Italy (X tons), China (X tons) and Turkey (X tons) were the main suppliers of imports of domestic, non-electric, cooking or heating appliances to Kuwait, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Kuwait, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Turkey (+X% per year).

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, declining by -X% against the previous year. Overall, the import price showed a slight contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Egypt ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, together accounting for 43% of global consumption. Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany lagged somewhat behind, together comprising a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

The country with the largest volume of production of domestic, non-electric, cooking or heating appliances was China, comprising approx. 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. Egypt ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Kuwait?

In value terms, Italy constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Kuwait, comprising 58% of total imports. The second position in the ranking was taken by China, with an 18% share of total imports. It was followed by Turkey, with a 13% share.

What are the leading importers of domestic, non-electric, cooking or heating appliances from Kuwait?

In value terms, Qatar, Iran and the United Arab Emirates were the largest markets for domestic, non-electric, cooking or heating appliance exported from Kuwait worldwide, with a combined 71% share of total exports.

What is the average export price for domestic, non-electric, cooking or heating appliances in Kuwait?

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $2,876 per ton, with a decrease of -8.5% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Kuwait?

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $5,302 per ton, falling by -2.3% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance