Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait - 2022

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait
  4. Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (CIF) - 2022

The average import price for boilers; watertube boilers with a steam production not exceeding 45t per hour stood at $5,758 per ton in 2022, with an increase of 9.5% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 27% against the previous year. The import price peaked at $12,406 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($9,298 per ton), while the price for the Netherlands ($1,039 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+56.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (FOB) - 2022

In 2022, the average export price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $3,671 per ton, dropping by -16% against the previous year. Overall, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2021 when the average export price decreased by -9.6% against the previous year. The export price peaked at $4,834 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($7,571 per ton), while the average price for exports to the United Arab Emirates stood at $1,858 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-38.0%).

Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait

In 2022, purchases abroad of boilers; watertube boilers with a steam production not exceeding 45t per hour increased by 438% to 238 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour skyrocketed to $1.4M in 2022. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India67.414563.4693117.4%
United States66017484.1294-23.6%
China10129.523.013510.2%
United Kingdom54.61469.872.09.7%
Turkey57.971.517.963.12.9%
Netherlands22.733.211.841.121.9%
United Arab Emirates36.544.911.231.9-4.4%
Austria12766.9N/AN/A-47.3%
Others51.174.911.640.6-7.4%
Total1,1797862331,3715.2%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour to Kuwait in 2022:

  1. India (95.6 tons)
  2. Netherlands (39.6 tons)
  3. United States (39.5 tons)
  4. Turkey (30.7 tons)
  5. China (18.6 tons)
  6. United Kingdom (7.7 tons)
  7. United Arab Emirates (4.4 tons)

Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait

In 2022, approx. 20 tons of boilers; watertube boilers with a steam production not exceeding 45t per hour were exported from Kuwait; reducing by -20.5% compared with the previous year's figure. Overall, exports recorded a abrupt slump. The smallest decline of -17% was in 2021.

In value terms, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour contracted significantly to $73K in 2022. Over the period under review, exports faced a sharp contraction. The smallest decline of -25% was in 2021.

Export of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Kuwait (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/AN/A47.50%
United Arab Emirates145N/A25.1-58.4%
South KoreaN/A109N/A0%
OthersN/AN/AN/A0%
Total14510972.6-29.2%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour from Kuwait in 2022:

  1. United Arab Emirates (13.5 tons)
  2. India (6.3 tons)

Source: IndexBox Market Intelligence Platform

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