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Kuwait - Vacuum Vessels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Vacuum Flask and Vessel in Kuwait - 2021
Contents:
- Price for Vacuum Flask and Vessel in Kuwait (CIF) - 2021
- Price for Vacuum Flask and Vessel in Kuwait (FOB) - 2022
- Imports of Vacuum Flask and Vessel in Kuwait
- Exports of Vacuum Flask and Vessel in Kuwait
Price for Vacuum Flask and Vessel in Kuwait (CIF) - 2021
The average vacuum flask and vessel import price stood at $3.4 per unit in December 2021, dropping by -26.9% against the previous month. In general, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 71% against the previous month. Over the period under review, average import prices attained the peak figure at $4.9 per unit in May 2021; however, from June 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($4.3 per unit), while the price for India ($1.9 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Vacuum Flask and Vessel in Kuwait (FOB) - 2022
In 2022, the average vacuum flask and vessel export price amounted to $9 per unit, growing by 3.2% against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($19 per unit), while the average price for exports to Iraq ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vacuum Flask and Vessel in Kuwait
In 2022, supplies from abroad of vacuum flasks and vessels decreased by -5.5% to 3.9M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 4.1M units, and then reduced in the following year.
In value terms, vacuum flask and vessel imports declined to $18M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +34.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $21M, and then contracted in the following year.
Import of Vacuum Flask and Vessel in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.2 | 9.4 | 13.1 | 11.9 | 13.2% |
United Arab Emirates | 1.2 | 1.9 | 2.5 | 2.1 | 20.5% |
Germany | 2.0 | 2.3 | 2.3 | 2.1 | 1.6% |
Japan | 0.9 | 0.9 | 1.0 | 1.0 | 3.6% |
India | 0.4 | 0.4 | 0.7 | 0.3 | -9.1% |
Others | 1.0 | 1.1 | 1.1 | 0.9 | -3.5% |
Total | 13.7 | 16.0 | 20.7 | 18.3 | 10.1% |
Top Suppliers of Vacuum Flask and Vessel to Kuwait in 2022:
- China (2692.5K units)
- Germany (380.0K units)
- United Arab Emirates (318.8K units)
- Japan (168.5K units)
- India (147.6K units)
Exports of Vacuum Flask and Vessel in Kuwait
After three years of growth, overseas shipments of vacuum flasks and vessels decreased by -47.4% to 14K units in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 596%. As a result, the exports attained the peak of 26K units, and then shrank significantly in the following year.
In value terms, vacuum flask and vessel exports contracted markedly to $122K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,073% against the previous year. As a result, the exports attained the peak of $224K, and then contracted significantly in the following year.
Export of Vacuum Flask and Vessel in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 12.1 | 6.9 | 174 | 81.9 | 89.2% |
Saudi Arabia | 4.8 | 4.6 | 6.5 | 14.6 | 44.9% |
United Arab Emirates | 1.7 | 4.4 | 18.4 | 11.0 | 86.3% |
Iran | 0.3 | 0.7 | 8.0 | 4.8 | 152.0% |
Iraq | 0.6 | 0.8 | 6.9 | 3.4 | 78.3% |
Others | 1.0 | 1.7 | 10.6 | 5.9 | 80.7% |
Total | 20.5 | 19.1 | 224 | 122 | 81.2% |
Top Export Markets for Vacuum Flask and Vessel from Kuwait in 2022:
- Qatar (4.3K units)
- Saudi Arabia (2.9K units)
- United Arab Emirates (2.7K units)
- Iraq (1.9K units)
- Iran (1.3K units)
This report provides an in-depth analysis of the market for vacuum flask and vessel 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 32995960 - Vacuum flasks and other vacuum vessels, complete with cases, and parts thereof (excluding separate glass inners)
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
-
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 vacuum flask and vessel in Kuwait.
This report provides an in-depth analysis of the global market for vacuum flask and vessel.
This report provides an in-depth analysis of the market for vacuum flask and vessel in Kuwait.
This report provides an in-depth analysis of the global market for vacuum flask and vessel.
Discover the latest trends in the vacuum flasks and vessels market as demand continues to rise globally. Forecasted to see steady growth over the next seven years, with market volume reaching 1.2B units and market value reaching $5.9B by 2030.
Explore the top import markets for vacuum flasks and vessels worldwide. Key statistics and data from IndexBox provide insights into the industry's growth and opportunities.
Discover the latest trends in the vacuum flasks and vessels market as demand continues to rise globally. Forecasted to see steady growth over the next seven years, with market volume reaching 1.2B units and market value reaching $5.9B by 2030.
Explore the top import markets for vacuum flasks and vessels worldwide. Key statistics and data from IndexBox provide insights into the industry's growth and opportunities.