Kuwait - Side Cars and Cycles with Non-Combustion Motors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Side Car and Cycle with Non-Combustion Motor in Kuwait - 2022
Contents:
- Price for Side Car and Cycle with Non-Combustion Motor in Kuwait (CIF) - 2022
- Price for Side Car and Cycle with Non-Combustion Motor in Kuwait (FOB) - 2022
- Imports of Side Car and Cycle with Non-Combustion Motor in Kuwait
- Exports of Side Car and Cycle with Non-Combustion Motor in Kuwait
Price for Side Car and Cycle with Non-Combustion Motor in Kuwait (CIF) - 2022
In 2022, the average import price for side cars and cycles with non-combustion motors amounted to $310 per unit, waning by -19.5% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 82% against the previous year. The import price peaked at $1,346 per unit in 2013; however, from 2014 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 ($5,908 per unit), while the price for Taiwan (Chinese) ($95 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+340.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Side Car and Cycle with Non-Combustion Motor in Kuwait (FOB) - 2022
The average export price for side cars and cycles with non-combustion motors stood at $6,475 per unit in 2022, which is down by -17.8% against the previous year. Overall, the export price, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of 84%. As a result, the export price reached the peak level of $7,877 per unit, and then declined notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($16,327 per unit), while the average price for exports to Malaysia ($1,633 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Side Car and Cycle with Non-Combustion Motor in Kuwait
After three years of growth, overseas purchases of side cars and cycles with non-combustion motors decreased by -31.3% to 20K units in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 266% against the previous year. As a result, imports attained the peak of 29K units, and then contracted rapidly in the following year.
In value terms, imports of side cars and cycles with non-combustion motors contracted dramatically to $6.3M in 2022. Over the period under review, imports, however, continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports attained the peak of $11M, and then dropped remarkably in the following year.
Import of Side Car and Cycle with Non-Combustion Motor in Kuwait (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.8 | 1.7 | 3.6 | 3.0 | 2.3% |
China | 0.9 | 1.2 | 3.5 | 1.6 | 21.1% |
Taiwan (Chinese) | 0.2 | N/A | 0.5 | 0.6 | 44.2% |
India | 0.1 | 0.1 | 0.4 | 0.4 | 58.7% |
Others | 1.8 | 2.5 | 3.4 | 0.6 | -30.7% |
Total | 5.8 | 5.5 | 11.3 | 6.3 | 2.8% |
Top Suppliers of Side Car and Cycle with Non-Combustion Motor to Kuwait in 2022:
- China (8.8K units)
- Taiwan (Chinese) (6.7K units)
- United States (2.6K units)
- India (1.9K units)
Exports of Side Car and Cycle with Non-Combustion Motor in Kuwait
In 2022, shipments abroad of side cars and cycles with non-combustion motors decreased by -67.3% to 65 units, falling for the second year in a row after two years of growth. Overall, exports faced a significant decrease. The pace of growth was the most pronounced in 2020 with an increase of 49%. As a result, the exports reached the peak of 218 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of side cars and cycles with non-combustion motors reduced remarkably to $421K in 2022. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2021 with an increase of 68%. As a result, the exports attained the peak of $1.6M, and then dropped dramatically in the following year.
Export of Side Car and Cycle with Non-Combustion Motor in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 34.0 | 43.5 | 131 | 89.5 | 38.1% |
United Arab Emirates | N/A | N/A | N/A | 77.6 | 0% |
Saudi Arabia | 482 | 247 | 163 | 67.7 | -48.0% |
United Kingdom | 59.4 | 26.5 | 80.8 | 30.4 | -20.0% |
Jordan | 3.4 | N/A | 270 | 29.7 | 105.9% |
Tunisia | N/A | N/A | N/A | 24.5 | 0% |
Iran | 103 | 1.6 | 0.4 | 17.3 | -44.8% |
Bahrain | 63.7 | 17.4 | N/A | 16.3 | -36.5% |
Romania | N/A | N/A | 7.5 | 13.1 | 74.7% |
Oman | N/A | N/A | N/A | 9.8 | 0% |
Canada | N/A | N/A | N/A | 4.9 | 0% |
Denmark | N/A | N/A | N/A | 3.3 | 0% |
Malaysia | N/A | N/A | N/A | 1.6 | 0% |
Others | 351 | 596 | 915 | 35.2 | -53.5% |
Total | 1,096 | 932 | 1,568 | 421 | -27.3% |
Top Export Markets for Side Car and Cycle with Non-Combustion Motor from Kuwait in 2022:
- Egypt (17.0 units)
- Saudi Arabia (13.0 units)
- United Arab Emirates (10.0 units)
- Tunisia (5.0 units)
- Romania (3.0 units)
- United Kingdom (3.0 units)
- Canada (2.0 units)
- Iran (2.0 units)
- Oman (2.0 units)
- Jordan (2.0 units)
- Bahrain (1.0 units)
- Malaysia (1.0 units)
- Denmark (1.0 units)
This report provides an in-depth analysis of the market for side car and cycle with non-combustion motor 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine
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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