Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait (CIF) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $626 per unit in 2022, waning by -53.3% against the previous year. In general, the import price faced a deep setback. The growth pace was the most rapid in 2017 an increase of 258% against the previous year. Over the period under review, average import prices reached the peak figure at $3,500 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 India ($1,101 per unit), while the price for South Korea ($181 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-5.6%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, when their volume decreased by -45.5% to 6 units. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 11 units, and then fell significantly in the following year.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses reduced rapidly to $3.8K in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 203%. As a result, imports reached the peak of $15K, and then contracted rapidly in the following year.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 0.5 | 9.7 | 1.5 | -22.3% |
| India | 1.1 | 1.0 | 2.3 | 1.1 | 0.0% |
| Germany | 1.0 | 0.8 | 1.3 | 0.6 | -15.7% |
| United States | 0.9 | 0.7 | 1.0 | 0.4 | -23.7% |
| South Korea | 0.5 | 0.3 | 0.5 | 0.2 | -26.3% |
| United Kingdom | N/A | 1.6 | N/A | N/A | 0% |
| France | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | 4.9 | 14.7 | 3.8 | -18.0% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Kuwait in 2022:
- China (2.0 units)
- United States (1.0 units)
- South Korea (1.0 units)
- Germany (1.0 units)
- India (1.0 units)
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