Kuwait - Furnace Burners For Liquid Fuel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquid Fuel Furnace Burner in Kuwait - 2021
Contents:
- Price for Liquid Fuel Furnace Burner in Kuwait (CIF) - 2022
- Price for Liquid Fuel Furnace Burner in Kuwait (FOB) - 2022
- Imports of Liquid Fuel Furnace Burner in Kuwait
- Exports of Liquid Fuel Furnace Burner in Kuwait
Price for Liquid Fuel Furnace Burner in Kuwait (CIF) - 2022
In 2022, the average liquid fuel furnace burner import price amounted to $201 per unit, shrinking by -23.2% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid fuel furnace burner import price increased by +78.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 133%. As a result, import price attained the peak level of $262 per unit, and then contracted markedly in the following year.
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 Japan ($599 per unit), while the price for China ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+59.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Liquid Fuel Furnace Burner in Kuwait (FOB) - 2022
In 2022, the average liquid fuel furnace burner export price amounted to $102 per unit, stabilizing at the previous year. In general, the export price posted a modest expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $361 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($209 per unit), while the average price for exports to Saudi Arabia stood at $13 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.7%).
Imports of Liquid Fuel Furnace Burner in Kuwait
Liquid fuel furnace burner imports into Kuwait reduced to 1.9K units in 2022, dropping by -13.3% on the year before. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%. Imports peaked at 2.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, liquid fuel furnace burner imports reduced rapidly to $382K in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 202%. As a result, imports attained the peak of $574K, and then dropped significantly in the following year.
Import of Liquid Fuel Furnace Burner in Kuwait (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 170 | 94.2 | 145 | 58.3 | -30.0% |
Germany | 110 | 8.2 | 152 | 54.9 | -20.7% |
Italy | 1.9 | 0.8 | 28.9 | 9.7 | 72.2% |
Spain | 22.3 | 10.6 | 14.0 | 4.8 | -40.1% |
Austria | 13.2 | 7.3 | 11.2 | 4.5 | -30.1% |
Saudi Arabia | 8.7 | 7.8 | 5.2 | 2.3 | -35.8% |
United States | 4.0 | 4.9 | 6.3 | 2.1 | -19.3% |
China | 2.2 | 2.2 | 4.3 | 1.4 | -14.0% |
India | 39.9 | 34.7 | 0.4 | 0.2 | -82.9% |
Iran | 1.3 | 0.3 | 0.1 | 0.1 | -57.5% |
Others | 132 | 18.9 | 206 | 244 | 22.7% |
Total | 505 | 190 | 574 | 382 | -8.9% |
Top Suppliers of Liquid Fuel Furnace Burner to Kuwait in 2022:
- Germany (206.0 units)
- United States (105.0 units)
- China (102.0 units)
- Japan (97.0 units)
- Italy (95.0 units)
- Saudi Arabia (81.0 units)
- Austria (67.0 units)
- Spain (12.0 units)
- Iran (8.0 units)
- India (7.0 units)
Exports of Liquid Fuel Furnace Burner in Kuwait
In 2022, overseas shipments of furnace burners for liquid fuel decreased by -0.3% to 708 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 143% against the previous year. Over the period under review, the exports hit record highs at 710 units in 2021, and then fell modestly in the following year.
In value terms, liquid fuel furnace burner exports dropped to $72K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year. Over the period under review, the exports attained the peak figure at $72K in 2021, and then shrank modestly in the following year.
Export of Liquid Fuel Furnace Burner in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 6.5 | 7.1 | 64.1 | 64.9 | 115.3% |
Saudi Arabia | 0.6 | 0.6 | 5.3 | 5.2 | 105.4% |
China | N/A | 63.4 | N/A | N/A | 0% |
Netherlands | 23.4 | N/A | N/A | N/A | 0% |
Others | 0.7 | 0.9 | 3.0 | 2.0 | 41.9% |
Total | 31.1 | 72.0 | 72.3 | 72.2 | 32.4% |
Top Export Markets for Liquid Fuel Furnace Burner from Kuwait in 2022:
- Saudi Arabia (392.0 units)
- United Arab Emirates (310.0 units)
This report provides an in-depth analysis of the market for liquid fuel furnace burner 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 28211130 - Furnace burners for liquid fuel
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
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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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In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...