Price for Automatic Circuit Breakers for Under 1000 V in Kuwait - 2022

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Kuwait (CIF) - 2022
  2. Price for Automatic Circuit Breakers for Under 1000 V in Kuwait (FOB) - 2022
  3. Imports of Automatic Circuit Breakers for Under 1000 V in Kuwait
  4. Exports of Automatic Circuit Breakers for Under 1000 V in Kuwait

Price for Automatic Circuit Breakers for Under 1000 V in Kuwait (CIF) - 2022

The average import price for automatic circuit breakers for under 1000 v stood at $11 per unit in 2022, surging by 3.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $14 per unit in 2018; however, from 2019 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 Germany ($15 per unit), while the price for China ($6.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Automatic Circuit Breakers for Under 1000 V in Kuwait (FOB) - 2022

The average export price for automatic circuit breakers for under 1000 v stood at $6 per unit in 2022, shrinking by -37.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69%. The export price peaked at $17 per unit in 2018; however, from 2019 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 Pakistan ($15 per unit), while the average price for exports to the United Arab Emirates totaled $5.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Automatic Circuit Breakers for Under 1000 V in Kuwait

Imports of automatic circuit breakers for under 1000 v into Kuwait reached 4.3M units in 2022, with an increase of 4% against 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +71.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of automatic circuit breakers for under 1000 v expanded notably to $46M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Automatic Circuit Breakers for Under 1000 V in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates27.520.829.534.27.5%
Germany3.32.52.83.62.9%
Japan0.32.04.43.5126.8%
India1.10.71.71.22.9%
China0.30.30.91.258.7%
Slovenia0.50.31.00.921.6%
Others1.51.42.31.50.0%
Total34.428.042.746.110.3%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Kuwait in 2022:

  1. United Arab Emirates (3030.1K units)
  2. Japan (497.7K units)
  3. Germany (233.2K units)
  4. China (201.1K units)
  5. Slovenia (84.1K units)
  6. India (80.4K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Kuwait

Exports of automatic circuit breakers for under 1000 v from Kuwait fell rapidly to 4K units in 2022, waning by -91.7% against the previous year. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 1,141%. The exports peaked at 54K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of automatic circuit breakers for under 1000 v reduced notably to $24K in 2022. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 800%. The exports peaked at $590K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Automatic Circuit Breakers for Under 1000 V in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates499N/A6.723.0-64.1%
India2.644.9N/AN/A1626.9%
QatarN/AN/A441N/A0%
Others88.56.515.40.7-80.1%
Total59051.446323.8-65.7%

Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Kuwait in 2022:

  1. United Arab Emirates (3.9K units)

Source: IndexBox Market Intelligence Platform

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