
Kuwait - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights
Kuwait: Industrial Bakery Machinery Market 2022
Industrial Bakery Machinery Market Size in Kuwait
The Kuwaiti industrial bakery machinery market reached $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.
Industrial Bakery Machinery Exports
Exports from Kuwait
In 2021, the amount of industrial bakery machinery exported from Kuwait dropped markedly to X units, waning by -X% against the previous year's figure. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, industrial bakery machinery exports fell notably to $X in 2021. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Bahrain (X units) was the main destination for industrial bakery machinery exports from Kuwait, with a X% share of total exports. Moreover, industrial bakery machinery exports to Bahrain exceeded the volume sent to the second major destination, Qatar (X units), threefold.
From 2012 to 2021, the average annual growth rate of volume to Bahrain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-X% per year) and Turkey (-X% per year).
In value terms, Bahrain ($X) remains the key foreign market for industrial bakery machinery exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-X% per year) and Qatar (-X% per year).
Export Prices by Country
The average industrial bakery machinery export price stood at $X per unit in 2021, increasing by X% against the previous year. In general, the export price, however, saw a deep setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-X%), while the prices for the other major destinations experienced a decline.
Industrial Bakery Machinery Imports
Imports into Kuwait
In 2021, the amount of industrial bakery machinery imported into Kuwait soared to X units, growing by X% on the year before. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.
In value terms, industrial bakery machinery imports dropped notably to $X in 2021. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.
Imports by Country
China (X units), Germany (X units) and Italy (X units) were the main suppliers of industrial bakery machinery imports to Kuwait, together accounting for X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X) constituted the largest supplier of industrial bakery machinery to Kuwait, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the Netherlands (+X% per year).
Import Prices by Country
The average industrial bakery machinery import price stood at $X per unit in 2021, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the industrial bakery machinery 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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