Kuwait - Non-Numerically Controlled Sharpening Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Numerically Controlled Sharpening Machine in Kuwait - 2021
Contents:
- Price for Non-Numerically Controlled Sharpening Machine in Kuwait (CIF) - 2022
- Price for Non-Numerically Controlled Sharpening Machine in Kuwait (FOB) - 2022
- Imports of Non-Numerically Controlled Sharpening Machine in Kuwait
- Exports of Non-Numerically Controlled Sharpening Machine in Kuwait
Price for Non-Numerically Controlled Sharpening Machine in Kuwait (CIF) - 2022
In 2022, the average non-numerically controlled sharpening machine import price amounted to $300 per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a resilient expansion. The growth pace was the most rapid in 2018 an increase of 135% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($913 per unit), while the price for the United Arab Emirates ($90 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Numerically Controlled Sharpening Machine in Kuwait (FOB) - 2022
In 2021, the average non-numerically controlled sharpening machine export price amounted to $23 per unit, flattening at the previous year. Over the period under review, the export price recorded a significant contraction. The pace of growth appeared the most rapid in 2014 when the average export price decreased by -47.5% against the previous year. The export price peaked at $555 per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2013 to 2021, the rate of growth in terms of prices for Oman amounted to 0.0% per year.
Imports of Non-Numerically Controlled Sharpening Machine in Kuwait
In 2022, after three years of growth, there was significant decline in purchases abroad of non-numerically controlled sharpening machines for working metal, when their volume decreased by -19.7% to 269 units. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +50.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 43%. Imports peaked at 335 units in 2021, and then dropped significantly in the following year.
In value terms, non-numerically controlled sharpening machine imports declined dramatically to $81K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of $100K, and then fell significantly in the following year.
Import of Non-Numerically Controlled Sharpening Machine in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 0.1 | 6.6 | 5.0 | 12.8 | 404.0% |
China | 5.8 | 11.1 | 14.6 | 12.5 | 29.2% |
United Arab Emirates | 1.7 | 7.4 | 12.4 | 10.4 | 82.9% |
South Korea | 4.2 | 5.1 | 8.8 | 8.6 | 27.0% |
Germany | 1.9 | 0.4 | 10.2 | 4.7 | 35.2% |
United States | 2.3 | 1.8 | 2.0 | 2.3 | 0.0% |
United Kingdom | 9.2 | 5.9 | 5.4 | 1.7 | -43.0% |
Others | 20.4 | 23.1 | 41.7 | 27.8 | 10.9% |
Total | 45.7 | 61.4 | 100 | 80.7 | 20.9% |
Top Suppliers of Non-Numerically Controlled Sharpening Machine to Kuwait in 2022:
- United Arab Emirates (116.0 units)
- China (87.0 units)
- South Korea (23.0 units)
- Sweden (14.0 units)
- Germany (9.0 units)
- United States (7.0 units)
- United Kingdom (1.0 units)
Exports of Non-Numerically Controlled Sharpening Machine in Kuwait
Non-numerically controlled sharpening machine exports from Kuwait stood at 140 units in 2021, approximately equating the previous year's figure. In general, exports showed a dramatic contraction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum at 279 units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
In value terms, non-numerically controlled sharpening machine exports totaled $3.2K in 2021. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at $6.4K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Export of Non-Numerically Controlled Sharpening Machine in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
India | N/A | N/A | 1.7 | 0% | |
Oman | 1.3 | N/A | N/A | 0% | |
United Arab Emirates | 0.4 | N/A | N/A | 0% | |
Others | 4.7 | N/A | 1.5 | -43.5% | |
Total | 6.4 | N/A | 3.2 | -29.3% |
Top Export Markets for Non-Numerically Controlled Sharpening Machine from Kuwait in 2022:
- India (140.0 units)
This report provides an in-depth analysis of the market for non-numerically controlled sharpening machine 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal
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, the global imports of metal finishing machine amounted to X tons, approximately reflecting the previous year figure. Overall, metal finishing machine imports continue to indicate a deep ...
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Despite a drop in exports in 2014, Germany was able to maintain its dominance in the global metal finishing machine trade. In 2014, Germany exported X units of metal finishing machines totaling X million USD, X% under the previous year. Its prim