Kuwait: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Kuwait

The Kuwaiti market for liquid or compressed air and distilled or conductivity water surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Kuwait

In value terms, liquid air and distilled water production skyrocketed to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from Kuwait

In 2022, the amount of liquid or compressed air and distilled or conductivity water exported from Kuwait fell remarkably to X kg, shrinking by X% against the previous year's figure. Over the period under review, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, liquid air and distilled water exports dropped markedly to $X in 2022. In general, exports showed a deep contraction. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X kg) was the main destination for liquid air and distilled water exports from Kuwait, with a X% share of total exports. It was followed by Belgium (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for liquid or compressed air and distilled or conductivity water exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%.

Export Prices by Country

The average export price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

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

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into Kuwait

In 2022, the amount of liquid or compressed air and distilled or conductivity water imported into Kuwait surged to X tons, rising by X% compared with 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid air and distilled water imports surged to $X in 2022. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of liquid air and distilled water to Kuwait, accounting for a X% share of total imports. Moreover, liquid air and distilled water imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, the United States ($X), Germany ($X) and India ($X) appeared to be the largest liquid air and distilled water suppliers to Kuwait, together comprising X% of total imports. Malaysia, Canada and China lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, saw the highest growth rate of 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 import price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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