Report Update May 1, 2024

Kuwait - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in Kuwait

In 2022, after two years of decline, there was decline in the Kuwaiti industrial automatic sewing machine market, when its value decreased by X% to $X. In general, consumption saw a significant decline. Industrial automatic sewing machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Industrial Automatic Sewing Machines in Kuwait

In value terms, industrial automatic sewing machine production soared to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Industrial Automatic Sewing Machines

Exports from Kuwait

In 2022, the amount of industrial automatic sewing machines exported from Kuwait was estimated at X units, therefore, remained relatively stable against the previous year. In general, exports showed significant growth. The smallest decline of X% was in 2016. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, industrial automatic sewing machine exports amounted to $X in 2022. Over the period under review, exports showed significant growth. The smallest decline of X% was in 2016. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Iran (X units) was the main destination for industrial automatic sewing machine exports from Kuwait, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Iran amounted to X%.

From 2013 to 2022, the average annual rate of growth in terms of value to Iran amounted to X%.

Export Prices by Country

In 2022, the average industrial automatic sewing machine export price amounted to $X per unit, remaining constant against the previous year. Overall, the export price faced a abrupt decline. The pace of growth was the most pronounced in 2016 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iran.

From 2013 to 2022, the rate of growth in terms of prices for Iran amounted to X% per year.

Imports of Industrial Automatic Sewing Machines

Imports into Kuwait

In 2022, overseas purchases of industrial automatic sewing machines increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial automatic sewing machine imports skyrocketed to $X in 2022. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest industrial automatic sewing machine supplier to Kuwait, with a X% share of total imports. Moreover, industrial automatic sewing machine imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), ninefold.

From 2013 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Germany ($X), China ($X) and Turkey ($X) appeared to be the largest industrial automatic sewing machine suppliers to Kuwait.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average industrial automatic sewing machine import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (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 industrial automatic sewing machines in the world?

The countries with the highest volumes of consumption in 2022 were Japan, Vietnam and India, together accounting for 30% of global consumption. China, Russia, Bangladesh, Indonesia, Singapore, the United States, Egypt, Iran, Nigeria and South Korea lagged somewhat behind, together comprising a further 37%.

What are the largest producers of industrial automatic sewing machines in the world?

The country with the largest volume of industrial automatic sewing machine production was China, accounting for 86% of total volume. Moreover, industrial automatic sewing machine production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. Taiwan Chinese) ranked third in terms of total production with a 2.1% share.

What are the leading suppliers of industrial automatic sewing machines to Kuwait?

In value terms, Germany, China and Turkey constituted the largest industrial automatic sewing machine suppliers to Kuwait.

What is the average export price for industrial automatic sewing machines in Kuwait?

In 2022, the average industrial automatic sewing machine export price amounted to $265 per unit, approximately reflecting the previous year.

What is the average import price for industrial automatic sewing machines in Kuwait?

The average industrial automatic sewing machine import price stood at $1,174 per unit in 2022, picking up by 67% against the previous year.

This report provides an in-depth analysis of the market for industrial automatic sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)

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