Kuwait - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Textile Weaving and Knitting Machinery in Kuwait - 2021
Contents:
- Price for Textile Weaving and Knitting Machinery in Kuwait (CIF) - 2022
- Price for Textile Weaving and Knitting Machinery in Kuwait (FOB) - 2022
- Imports of Textile Weaving and Knitting Machinery in Kuwait
- Exports of Textile Weaving and Knitting Machinery in Kuwait
Price for Textile Weaving and Knitting Machinery in Kuwait (CIF) - 2022
In 2022, the average import price for machines for preparing, weaving and knitting textiles amounted to $6,180 per unit, leveling off at the previous year. In general, the import price, however, showed a slight slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 96% against the previous year. The import price peaked at $12,669 per unit in 2013; however, from 2014 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 Arab Emirates ($20,419 per unit), while the price for Saudi Arabia ($198 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Weaving and Knitting Machinery in Kuwait (FOB) - 2022
In 2022, the average export price for machines for preparing, weaving and knitting textiles amounted to $162 per unit, shrinking by -28.5% against the previous year. In general, the export price continues to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 259%. The export price peaked at $8,102 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($234 per unit), while the average price for exports to the United Arab Emirates totaled $18 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+27.8%), while the prices for the other major destinations experienced a decline.
Imports of Textile Weaving and Knitting Machinery in Kuwait
In 2022, textile weaving and knitting machinery imports into Kuwait amounted to 126 units, growing by 8.6% against the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, textile weaving and knitting machinery imports expanded notably to $779K in 2022. Over the period under review, imports enjoyed a mild increase. The growth pace was the most rapid in 2021 with an increase of 101%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Textile Weaving and Knitting Machinery in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 239 | 56.1 | 121 | 203 | -5.3% |
Japan | 116 | 28.8 | 156 | 140 | 6.5% |
United Arab Emirates | 120 | 119 | 151 | 102 | -5.3% |
Vietnam | 63.2 | 21.8 | 55.1 | 69.8 | 3.4% |
Italy | 44.6 | 22.7 | 43.3 | 61.8 | 11.5% |
Taiwan (Chinese) | 38.1 | 21.4 | 52.0 | 59.9 | 16.3% |
Germany | 24.4 | 16.3 | 17.9 | 24.6 | 0.3% |
Spain | 14.1 | 0.5 | 12.6 | 11.3 | -7.1% |
India | 16.1 | 5.7 | 8.3 | 8.2 | -20.1% |
United States | 8.0 | 3.8 | 6.7 | 6.5 | -6.7% |
United Kingdom | 8.2 | 2.0 | 5.7 | 4.6 | -17.5% |
Turkey | 1.6 | 0.5 | 0.6 | 1.0 | -14.5% |
Saudi Arabia | 5.4 | N/A | N/A | 1.0 | -43.0% |
Others | 49.0 | 54.0 | 77.5 | 85.5 | 20.4% |
Total | 748 | 353 | 708 | 779 | 1.4% |
Top Suppliers of Textile Weaving and Knitting Machinery to Kuwait in 2022:
- Vietnam (28.0 units)
- Italy (19.0 units)
- Japan (13.0 units)
- China (13.0 units)
- Taiwan (Chinese) (9.0 units)
- Spain (6.0 units)
- Saudi Arabia (5.0 units)
- United Arab Emirates (5.0 units)
- United States (4.0 units)
- India (4.0 units)
- Turkey (3.0 units)
- United Kingdom (3.0 units)
- Germany (3.0 units)
Exports of Textile Weaving and Knitting Machinery in Kuwait
In 2022, after two years of decline, there was significant decline in shipments abroad of machines for preparing, weaving and knitting textiles, when their volume decreased by -25% to 3 units. Over the period under review, exports faced a abrupt decline. The smallest decline of -20% was in 2020. Over the period under review, the exports hit record highs at 5 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, textile weaving and knitting machinery exports shrank significantly to $485 in 2022. Overall, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 259% against the previous year. Over the period under review, the exports hit record highs at $9K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Textile Weaving and Knitting Machinery in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 0.6 | 0.2 | 0.9 | 0.5 | -5.9% |
United Arab Emirates | 7.5 | N/A | N/A | N/A | 0% |
Egypt | 0.9 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.0 | 0.3 | 0.9 | 0.5 | -61.8% |
Top Export Markets for Textile Weaving and Knitting Machinery from Kuwait in 2022:
- Saudi Arabia (2.0 units)
- United Arab Emirates (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery 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 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
- Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
- Prodcom 28941300 - Weaving machines
- Prodcom 28941430 - Circular knitting machines
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
- Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting
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
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Kuwait.
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
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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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