Kuwait: Motor Grader Market 2024

Motor Grader Market Size in Kuwait

The Kuwaiti motor grader market shrank markedly to $X in 2022, declining by X% against the previous year. In general, consumption showed a deep contraction. Motor grader consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Motor Grader Production in Kuwait

In value terms, motor grader production amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X,340,600%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Motor Grader Exports

Exports from Kuwait

In 2022, after three years of growth, there was significant decline in shipments abroad of motor graders and levellers, when their volume decreased by X% to X units. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, motor grader exports shrank sharply to $X in 2022. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units) was the main destination for motor grader exports from Kuwait, with a X% share of total exports. Moreover, motor grader exports to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. Nigeria (X units) ranked third in terms of total exports with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Nigeria (X% per year).

In value terms, Egypt ($X), the United Arab Emirates ($X) and Nigeria ($X) constituted the largest markets for motor grader exported from Kuwait worldwide, together comprising X% of total exports.

Egypt, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average motor grader export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

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

Motor Grader Imports

Imports into Kuwait

After three years of decline, supplies from abroad of motor graders and levellers increased by X% to X units in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, motor grader imports totaled $X in 2022. Overall, imports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of motor grader to Kuwait, accounting for a X% share of total imports. It was followed by India (X units), with a X% share of total imports. The third position in this ranking was taken by Japan (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of motor graders and levellers to Kuwait, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2013 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price, however, saw resilient growth. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 India ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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