Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (CIF) - 2022
The average import price for electric motors and generators stood at $88 per unit in 2022, falling by -4.4% against the previous year. Overall, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of 51% against the previous year. The import price peaked at $118 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($299 per unit), while the price for South Korea ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $835 per unit, rising by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 62% against the previous year. The export price peaked at $1,814 per unit in 2015; however, from 2016 to 2022, the 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 ($3,033 per unit), while the average price for exports to Switzerland ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait
In 2022, the amount of electric motors and generators imported into Kuwait surged to 32K units, growing by 51% compared with the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators skyrocketed to $2.8M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 466 | 130 | 293 | 922 | 25.5% |
| China | 283 | 158 | 173 | 531 | 23.3% |
| Germany | 155 | 146 | 268 | 276 | 21.2% |
| Japan | 58.2 | 25.8 | 41.5 | 163 | 41.0% |
| Mexico | 189 | 611 | 201 | 157 | -6.0% |
| Italy | 81.8 | 103 | 71.9 | 124 | 14.9% |
| South Korea | 118 | 38.6 | 48.3 | 46.2 | -26.8% |
| Turkey | 7.0 | 51.4 | 8.0 | 41.7 | 81.3% |
| United Kingdom | 22.2 | 32.5 | 49.9 | 36.8 | 18.3% |
| India | 10.9 | 38.5 | 209 | 23.7 | 29.6% |
| Taiwan (Chinese) | 25.3 | 35.1 | 26.8 | 7.1 | -34.5% |
| Belgium | 9.3 | 0.8 | 276 | 4.2 | -23.3% |
| Others | 345 | 1,026 | 270 | 463 | 10.3% |
| Total | 1,770 | 2,396 | 1,935 | 2,796 | 16.5% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Kuwait in 2022:
- United States (12.1K units)
- China (9.4K units)
- Mexico (1.9K units)
- Germany (1.6K units)
- South Korea (1.3K units)
- Turkey (0.9K units)
- Italy (0.6K units)
- Japan (0.5K units)
- United Kingdom (0.3K units)
- India (0.2K units)
- Taiwan (Chinese) (0.1K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait
In 2022, the amount of electric motors and generators exported from Kuwait skyrocketed to 391 units, jumping by 177% on the previous year's figure. Over the period under review, exports posted pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators skyrocketed to $326K in 2022. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 5.6 | 6.8 | 17.7 | 188 | 222.6% |
| Iraq | 1.4 | 1.1 | 1.6 | 31.1 | 181.1% |
| Oman | 18.7 | 11.2 | 14.3 | 31.1 | 18.5% |
| United Arab Emirates | 19.9 | 10.7 | 17.7 | 28.1 | 12.2% |
| United Kingdom | 7.9 | 4.8 | 5.8 | 11.9 | 14.6% |
| Bahrain | 31.2 | 8.3 | 1.1 | 7.8 | -37.0% |
| Saudi Arabia | 31.7 | 9.5 | 3.5 | 6.7 | -40.4% |
| Italy | N/A | N/A | 0.7 | 6.6 | 842.9% |
| Switzerland | N/A | N/A | N/A | 1.2 | 0% |
| Canada | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
| Egypt | 4.2 | 1.1 | 0.2 | 0.1 | -71.2% |
| South Korea | 13.6 | 15.5 | 8.3 | N/A | -21.9% |
| Czech Republic | 2.6 | N/A | N/A | N/A | 0% |
| Others | 101 | 4.9 | 21.0 | 13.2 | -49.3% |
| Total | 238 | 74.0 | 92.2 | 326 | 11.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Kuwait in 2022:
- United Kingdom (151.0 units)
- Qatar (62.0 units)
- Switzerland (53.0 units)
- Italy (33.0 units)
- Iraq (24.0 units)
- United Arab Emirates (15.0 units)
- Oman (11.0 units)
- Canada (6.0 units)
- Saudi Arabia (5.0 units)
- Bahrain (3.0 units)
- Egypt (1.0 units)
- South Korea (1.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
833
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1210
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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