Kuwait - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFlywheels and Pulleys Price in Kuwait - 2021
Contents:
- Flywheels and Pulleys Price in Kuwait (CIF) - 2022
- Flywheels and Pulleys Price in Kuwait (FOB) - 2022
- Flywheels and Pulleys Imports in Kuwait
- Flywheels and Pulleys Exports in Kuwait
Flywheels and Pulleys Price in Kuwait (CIF) - 2022
In 2022, the average flywheels and pulleys import price amounted to $14,094 per ton, with an increase of 21% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The import price peaked at $22,046 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($40,005 per ton), while the price for Turkey ($4,510 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Flywheels and Pulleys Price in Kuwait (FOB) - 2022
In 2022, the average flywheels and pulleys export price amounted to $9,969 per ton, jumping by 48% against the previous year. In general, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of 193%. The export price peaked at $31,121 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($46,357 per ton), while the average price for exports to Iraq ($4,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+20.1%), while the prices for the other major destinations experienced mixed trend patterns.
Flywheels and Pulleys Imports in Kuwait
In 2022, the amount of flywheels and pulleys imported into Kuwait shrank sharply to 140 tons, falling by -28.2% against 2021. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year.
In value terms, flywheels and pulleys imports shrank to $2M in 2022. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 35%.
Import of Flywheels and Pulleys in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 313 | 150 | 164 | 619 | 25.5% |
China | 664 | 293 | 451 | 269 | -26.0% |
United States | 1,010 | 270 | 252 | 230 | -38.9% |
Germany | 507 | 170 | 316 | 185 | -28.5% |
Mexico | 37.6 | 41.1 | 151 | 105 | 40.8% |
United Arab Emirates | 280 | 47.6 | 12.0 | 75.9 | -35.3% |
India | 63.2 | 30.6 | 34.5 | 51.6 | -6.5% |
Ukraine | 18.2 | 24.3 | 31.4 | 43.6 | 33.8% |
Italy | 171 | 67.3 | 141 | 41.4 | -37.7% |
Turkey | 120 | 48.6 | 107 | 33.8 | -34.4% |
United Kingdom | 79.6 | 76.4 | 15.6 | 5.2 | -59.7% |
South Korea | 174 | 33.4 | 108 | 3.8 | -72.0% |
Oman | N/A | N/A | 27.5 | N/A | 0% |
Others | 602 | 429 | 459 | 313 | -19.6% |
Total | 4,040 | 1,682 | 2,271 | 1,976 | -21.2% |
Top Suppliers of Flywheels and Pulleys to Kuwait in 2022:
- China (51.5 tons)
- Japan (21.3 tons)
- United States (14.9 tons)
- Mexico (12.3 tons)
- Turkey (7.5 tons)
- Germany (4.6 tons)
- United Arab Emirates (4.4 tons)
- India (3.4 tons)
- Ukraine (2.8 tons)
- Italy (2.1 tons)
- South Korea (0.5 tons)
- United Kingdom (0.3 tons)
Flywheels and Pulleys Exports in Kuwait
In 2022, overseas shipments of flywheels and pulleys were finally on the rise to reach 5.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous decrease.
In value terms, flywheels and pulleys exports surged to $56K in 2022. In general, exports, however, saw a precipitous decline.
Export of Flywheels and Pulleys in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 6.6 | 49.2 | 9.5 | 27.4 | 60.7% |
United States | 89.5 | 30.6 | 5.9 | 16.9 | -42.6% |
Qatar | 17.4 | 3.9 | 0.9 | 2.9 | -45.0% |
Iraq | 1.5 | 0.7 | 0.8 | 2.2 | 13.6% |
India | 11.3 | 2.6 | 0.6 | 2.1 | -42.9% |
United Arab Emirates | 9.1 | 3.3 | 0.7 | 1.9 | -40.7% |
Oman | 11.7 | 0.7 | 0.3 | 0.9 | -57.5% |
Bahrain | 12.6 | 0.3 | N/A | 0.5 | -65.9% |
Others | 7.2 | 1.8 | 0.5 | 1.2 | -45.0% |
Total | 167 | 93.0 | 19.2 | 56.1 | -30.5% |
Top Export Markets for Flywheels and Pulleys from Kuwait in 2022:
- Saudi Arabia (4114.0 kg)
- Iraq (460.0 kg)
- United States (364.0 kg)
- United Arab Emirates (168.0 kg)
- India (141.0 kg)
- Oman (119.0 kg)
- Bahrain (105.0 kg)
- Qatar (99.0 kg)
This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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