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Kuwait - Silencers And Exhaust Pipes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilencer Price in Kuwait - 2021
Contents:
- Silencer Price in Kuwait (CIF) - 2021
- Silencer Price in Kuwait (FOB) - 2022
- Silencer Imports in Kuwait
- Silencer Exports in Kuwait
Silencer Price in Kuwait (CIF) - 2021
The average silencer import price stood at $9,055 per ton in December 2021, declining by -70.5% against the previous month. Over the period under review, the import price faced a deep reduction. The most prominent rate of growth was recorded in November 2021 an increase of 164% against the previous month. Over the period under review, average import prices attained the peak figure at $53,733 per ton in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($44,579 per ton), while the price for Saudi Arabia ($3,689 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced a decline.
Silencer Price in Kuwait (FOB) - 2022
In 2022, the average silencer export price amounted to $13,060 per ton, which is down by -31.4% against the previous year. In general, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $29,317 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -3.1% per year.
Silencer Imports in Kuwait
After three years of growth, purchases abroad of silencers and exhaust pipes decreased by -3.5% to 213 tons in 2022. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.
In value terms, silencer imports shrank to $2.4M in 2022. Overall, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 8.4%.
Import of Silencer in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 154 | 110 | 239 | 551 | 52.9% |
China | 414 | 474 | 224 | 467 | 4.1% |
Germany | 221 | 135 | 191 | 295 | 10.1% |
Turkey | 162 | 315 | 177 | 195 | 6.4% |
United States | 424 | 286 | 169 | 195 | -22.8% |
Italy | 4.9 | 8.1 | 2.4 | 58.0 | 127.9% |
United Arab Emirates | 652 | 596 | 882 | N/A | 16.3% |
Saudi Arabia | N/A | 38.1 | 145 | N/A | 280.6% |
Others | 528 | 365 | 494 | 663 | 7.9% |
Total | 2,561 | 2,327 | 2,522 | 2,425 | -1.8% |
Top Suppliers of Silencer to Kuwait in 2022:
- China (88.0 tons)
- Turkey (52.7 tons)
- Japan (26.6 tons)
- United States (14.9 tons)
- Germany (6.7 tons)
- Italy (4.9 tons)
Silencer Exports in Kuwait
In 2022, overseas shipments of silencers and exhaust pipes were finally on the rise to reach 6.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous curtailment.
In value terms, silencer exports skyrocketed to $88K in 2022. In general, exports, however, continue to indicate a sharp descent.
Export of Silencer in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 316 | 66.9 | 19.8 | 88.1 | -34.7% |
Switzerland | 54.2 | N/A | N/A | N/A | 0% |
United Arab Emirates | 32.6 | 40.5 | 0.7 | N/A | -85.3% |
Bahrain | 20.1 | N/A | N/A | N/A | 0% |
Others | 38.6 | 42.5 | 5.6 | N/A | -61.9% |
Total | 462 | 150 | 26.1 | 88.1 | -42.4% |
Top Export Markets for Silencer from Kuwait in 2022:
- Hong Kong SAR (6.7 tons)
This report provides an in-depth analysis of the silencer market 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 29323063 - Silencers and exhaust pipes, parts thereof
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
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