Kuwait: Market for Gas and Smoke Analysers 2024

Market Size for Gas and Smoke Analysers in Kuwait

After two years of decline, the Kuwaiti gas and smoke analyser market increased by X% to $X in 2022. Overall, consumption recorded a perceptible decrease. Gas and smoke analyser consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Gas and Smoke Analysers

Exports from Kuwait

Gas and smoke analyser exports from Kuwait surged to X units in 2022, growing by X% compared with the previous year. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, gas and smoke analyser exports soared to $X in 2022. In general, exports posted a temperate expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for gas and smoke analyser exports from Kuwait, with a X% share of total exports. Moreover, gas and smoke analyser exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Egypt (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Egypt (X% per year).

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Qatar ($X) constituted the largest markets for gas and smoke analyser exported from Kuwait worldwide, with a combined X% share of total exports. Egypt, Oman and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Oman, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gas and smoke analyser export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Qatar ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gas and Smoke Analysers

Imports into Kuwait

For the third year in a row, Kuwait recorded decline in purchases abroad of gas and smoke analysers, which decreased by X% to X units in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, gas and smoke analyser imports skyrocketed to $X in 2022. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X units), the United States (X units) and the UK (X units) were the main suppliers of gas and smoke analyser imports to Kuwait, together accounting for X% of total imports. Germany, China, Italy, Ireland, Canada and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the United States ($X) and Germany ($X) constituted the largest gas and smoke analyser suppliers to Kuwait, with a combined X% share of total imports. Mexico, the UK, Canada, Italy, China and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 gas and smoke analyser import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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