Price for Textile Machinery; Spinning Machines in Kuwait - 2021
Contents:
- Price for Textile Machinery; Spinning Machines in Kuwait (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Kuwait
Price for Textile Machinery; Spinning Machines in Kuwait (CIF) - 2022
The average textile machinery; spinning machines import price stood at $1,253 per unit in 2022, with an increase of 293% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 345% against the previous year. Over the period under review, average import prices reached the maximum at $3,650 per unit in 2018; however, from 2019 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 United States ($2,490 per unit), while the price for China amounted to $16 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%).
Imports of Textile Machinery; Spinning Machines in Kuwait
After three years of growth, supplies from abroad of textile machinery; spinning machineses decreased by -50% to 2 units in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 100%. As a result, imports attained the peak of 4 units, and then dropped notably in the following year.
In value terms, textile machinery; spinning machines imports soared to $2.5K in 2022. Overall, imports faced a sharp reduction. Imports peaked at $6.4K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Textile Machinery; Spinning Machines in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.9 | 3.6 | 1.1 | 2.5 | -24.9% |
China | 0.5 | 0.1 | N/A | N/A | -80.0% |
India | N/A | N/A | N/A | N/A | 0% |
Denmark | N/A | N/A | 0.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.4 | 3.7 | 1.3 | 2.5 | -26.9% |
Top Suppliers of Textile Machinery; Spinning Machines to Kuwait in 2022:
- United States (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Kuwait.
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Explore the top import markets for textile weaving and knitting machinery in 2023, including key statistics and analysis. Find out which countries are leading the global market for textile machinery imports.
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