Report Kuwait - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 18, 2022

Kuwait - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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Kuwait: Spark Plug Market 2022

Spark Plug Market Size in Kuwait

In 2021, after two years of growth, there was significant decline in the Kuwaiti spark plug market, when its value decreased by -X% to $X. Over the period under review, consumption continues to indicate a pronounced shrinkage. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Spark Plug Exports

Exports from Kuwait

For the fourth year in a row, Kuwait recorded decline in shipments abroad of sparking plugs, which decreased by -X% to X units in 2021. Over the period under review, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, spark plug exports dropped modestly to $X in 2021. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units), the United Arab Emirates (X units) and Germany (X units) were the main destinations of spark plug exports from Kuwait, together comprising X% of total exports. These countries were followed by Hong Kong SAR, Singapore, Egypt and Iraq, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spark plug exported from Kuwait were the United Arab Emirates ($X), Singapore ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Singapore, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among 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

The average spark plug export price stood at $X per unit in 2021, increasing by X% against the previous year. In general, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably countrydestination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Egypt ($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 the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Spark Plug Imports

Imports into Kuwait

After two years of growth, purchases abroad of sparking plugs decreased by -X% to X units in 2021. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, spark plug imports reduced slightly to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2020, and then declined slightly in the following year.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest spark plug supplier to Kuwait, accounting for a X% share of total imports. Moreover, spark plug imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. Indonesia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Indonesia (+X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of spark plug to Kuwait, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and the United States (+X% per year).

Import Prices by Country

The average spark plug import price stood at $X per unit in 2021, picking up by X% against the previous year. Overall, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sparking plugs in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Japan, Mexico, Russia, Indonesia, Germany, Turkey, Brazil, the United Arab Emirates, France and Thailand, which together accounted for a further 30%.
What are the largest producers of sparking plugs in the world?
+
The countries with the highest volumes of production in 2021 were China, Japan and the United States, together accounting for 54% of global production. These countries were followed by India, Thailand, Russia, Indonesia, Germany, France, Brazil and Turkey, which together accounted for a further 30%.
What are the leading suppliers of sparking plugs to Kuwait?
+
In value terms, the United Arab Emirates constituted the largest supplier of spark plug to Kuwait, comprising 27% of total imports. The second position in the ranking was held by Indonesia, with a 13% share of total imports. It was followed by the United States, with an 8.4% share.
What are the leading importers of sparking plugs from Kuwait?
+
In value terms, the United Arab Emirates, Singapore and Saudi Arabia were the largest markets for spark plug exported from Kuwait worldwide, together accounting for 91% of total exports.
What is the average export price for sparking plugs in Kuwait?
+
In 2021, the average spark plug export price amounted to $5.5 per unit, picking up by 13% against the previous year.
What is the average import price for sparking plugs in Kuwait?
+
In 2021, the average spark plug import price amounted to $2.5 per unit, increasing by 47% against the previous year.

This report provides an in-depth analysis of the spark plug 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.


Product coverage:
• Prodcom 29312130 - Sparking plugs
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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