Kuwait: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in Kuwait

The Kuwaiti paper making machinery market surged to $X in 2022, rising by X% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Paper Making Machinery Production in Kuwait

In value terms, paper making machinery production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production posted a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Paper making machinery production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Paper Making Machinery Exports

Exports from Kuwait

After two years of growth, shipments abroad of machinery for making up paper pulp, paper or paperboard decreased by X% to X units in 2022. Over the period under review, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, paper making machinery exports dropped remarkably to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

The United Arab Emirates (X units) and Taiwan (Chinese) (X units) were the main destinations of paper making machinery exports from Kuwait. Moreover, paper making machinery exports in the United Arab Emirates exceeded the figures recorded by the second-largest exporter, Taiwan (Chinese), twofold.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, Taiwan (Chinese) ($X) and the United Arab Emirates ($X) were the largest markets for paper making machinery exported from Kuwait worldwide.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average paper making machinery export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into Kuwait

In 2022, imports of machinery for making up paper pulp, paper or paperboard into Kuwait soared to X units, with an increase of X% against the year before. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, paper making machinery imports reduced modestly to $X in 2022. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest paper making machinery supplier to Kuwait, accounting for a X% share of total imports. Moreover, paper making machinery imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of machinery for making up paper pulp, paper or paperboard to Kuwait, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and India (X% per year).

Import Prices by Country

The average paper making machinery import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained 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 Taiwan (Chinese) ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :