Kuwait - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFork-Lift Truck Price in Kuwait - 2021
Contents:
- Fork-Lift Truck Price in Kuwait (CIF) - 2022
- Fork-Lift Truck Price in Kuwait (FOB) - 2022
- Fork-Lift Truck Imports in Kuwait
- Fork-Lift Truck Exports in Kuwait
Fork-Lift Truck Price in Kuwait (CIF) - 2022
In 2022, the average fork-lift truck import price amounted to $5,809 per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of 147%. Over the period under review, average import prices hit record highs at $14,262 per unit in 2016; however, from 2017 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 ($27,698 per unit), while the price for Oman ($635 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fork-Lift Truck Price in Kuwait (FOB) - 2022
The average fork-lift truck export price stood at $6,935 per unit in 2022, declining by -16.2% against the previous year. Over the period under review, the export price showed a noticeable descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by 107% against the previous year. The export price peaked at $15,001 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($92,978 per unit), while the average price for exports to Sudan ($146 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 the United Arab Emirates (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Fork-Lift Truck Imports in Kuwait
In 2022, approx. 3K units of fork-lift trucks were imported into Kuwait; which is down by -4.1% against the previous year. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 6.9%. Imports peaked at 5.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, fork-lift truck imports declined to $17M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6%. Over the period under review, imports attained the peak figure at $28M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Fork-Lift Truck in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.3 | 2.2 | 2.4 | 2.8 | -13.3% |
China | 8.8 | 3.5 | 3.6 | 2.6 | -33.4% |
Germany | 1.4 | 1.0 | 1.7 | 2.0 | 12.6% |
Sweden | 1.1 | 0.9 | 1.8 | 1.4 | 8.4% |
Austria | 0.7 | 1.1 | 1.4 | 1.2 | 19.7% |
United States | 3.4 | 1.0 | 0.9 | 1.1 | -31.4% |
United Arab Emirates | 1.1 | 0.9 | 1.0 | 0.9 | -6.5% |
Turkey | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
Italy | 0.5 | 1.2 | 0.5 | 0.4 | -7.2% |
Netherlands | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
India | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Malaysia | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Oman | N/A | N/A | N/A | N/A | 0% |
Others | 5.7 | 4.4 | 4.4 | 4.3 | -9.0% |
Total | 27.7 | 16.6 | 18.1 | 17.4 | -14.4% |
Top Suppliers of Fork-Lift Truck to Kuwait in 2022:
- China (1432.0 units)
- Sweden (506.0 units)
- Germany (120.0 units)
- Netherlands (115.0 units)
- Japan (101.0 units)
- India (80.0 units)
- Turkey (79.0 units)
- Austria (73.0 units)
- Italy (57.0 units)
- Oman (49.0 units)
- United Arab Emirates (46.0 units)
- Malaysia (46.0 units)
- United States (43.0 units)
Fork-Lift Truck Exports in Kuwait
In 2022, exports of fork-lift trucks from Kuwait reduced remarkably to 586 units, with a decrease of -29.3% against 2021. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 237%. As a result, the exports reached the peak of 829 units, and then reduced rapidly in the following year.
In value terms, fork-lift truck exports shrank rapidly to $4.1M in 2022. Over the period under review, exports showed a mild downturn. The pace of growth was the most pronounced in 2021 when exports increased by 442%. As a result, the exports attained the peak of $6.9M, and then contracted rapidly in the following year.
Export of Fork-Lift Truck in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 49.7 | 901 | 1,178 | 1,159 | 185.7% |
United Arab Emirates | 2,266 | 102 | 2,813 | 1,116 | -21.0% |
Saudi Arabia | 298 | 21.9 | 977 | 823 | 40.3% |
Qatar | 251 | 75.0 | 861 | 367 | 13.5% |
Bahrain | 172 | 13.9 | 394 | 316 | 22.5% |
Egypt | 19.7 | 21.5 | 21.2 | 96.2 | 69.7% |
Sudan | 54.4 | 2.7 | 65.7 | 33.0 | -15.3% |
South Korea | N/A | N/A | 29.7 | N/A | 0% |
Others | 1,141 | 129 | 523 | 155 | -48.6% |
Total | 4,252 | 1,267 | 6,862 | 4,064 | -1.5% |
Top Export Markets for Fork-Lift Truck from Kuwait in 2022:
- Sudan (227.0 units)
- Saudi Arabia (202.0 units)
- Oman (72.0 units)
- Egypt (33.0 units)
- Bahrain (14.0 units)
- United Arab Emirates (12.0 units)
- Qatar (11.0 units)
This report provides an in-depth analysis of the fork-lift truck 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the fork-lift truck market in Kuwait.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Kuwait.
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Kuwait.
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in Kuwait.
This report provides an in-depth analysis of the global fork-lift truck market.
This report provides an in-depth analysis of the global market for forklift truck and industrial works truck.
This report provides an in-depth analysis of the global non-self-propelled fork-lift truck market.
This report provides an in-depth analysis of the global market for self-propelled non-electric fork-lift truck.
This report provides an in-depth analysis of the fork-lift truck market in Kuwait.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Kuwait.
Discover the top import markets for fork-lift trucks worldwide. Explore key statistics, market values, and the importance of these countries in the global market. Gain insights from IndexBox market intelligence platform.
Explore the top import markets for forklift trucks and industrial works trucks around the world. Discover key statistics and trends in the industry.
In value terms, self-propelled works trucks imports totaled $X in 2016. Overall, self-propelled works trucks imports continue to indicate a relatively flat trend pattern. Over the period under revi...
In value terms, self-propelled works trucks exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicat...
In 2016, approx. X tons of forklift truck were imported worldwide- moving up by X% against the previous year figure. In general, forklift truck imports continue to indicate a relatively flat tren...
In 2016, approx. X tons of forklift truck were imported worldwide- moving up by X% against the previous year figure. In general, forklift truck imports continue to indicate a relatively flat tren...
Explore the top import markets for self-propelled non-electric fork-lift trucks around the world. Learn about key statistics and import values in countries such as the United States, Canada, Netherlands, and more.
Explore the world's best import markets for self-propelled non-electric forklift trucks. Learn about the key statistics and figures of these top countries. Discover the leading markets and emerging opportunities in the industry.
Discover the top import markets for fork-lift trucks worldwide. Explore key statistics, market values, and the importance of these countries in the global market. Gain insights from IndexBox market intelligence platform.
Explore the top import markets for forklift trucks and industrial works trucks around the world. Discover key statistics and trends in the industry.