Report Update Nov 1, 2024

Kuwait - Air Conditioning Machines for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Air Conditioning Machines For Motor Vehicles 2024

Exports of Air Conditioning Machines For Motor Vehicles

Exports from Kuwait

In 2022, exports of air conditioning machines for motor vehicles from Kuwait skyrocketed to X units, growing by 582% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep slump. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, motor vehicle air conditioning machine exports soared to $X in 2022. In general, exports, however, continue to indicate a abrupt decline. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Jordan (X units) was the main destination for motor vehicle air conditioning machine exports from Kuwait, accounting for a 84% share of total exports. Moreover, motor vehicle air conditioning machine exports to Jordan exceeded the volume sent to the second major destination, Saudi Arabia (X units), tenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to Jordan amounted to +69.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-7.6% per year) and the United Arab Emirates (+12.8% per year).

In value terms, Jordan ($X) remains the key foreign market for air conditioning machines for motor vehicles exports from Kuwait, comprising 75% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 11% share of total exports. It was followed by Saudi Arabia, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Jordan totaled +69.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+28.9% per year) and Saudi Arabia (-14.9% per year).

Export Prices by Country

In 2022, the average export price for air conditioning machines for motor vehicles amounted to $X per unit, which is down by -9.9% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 66%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Saudi Arabia ($X 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 the United Arab Emirates (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into Kuwait

In 2022, imports of air conditioning machines for motor vehicles into Kuwait shrank to X units, with a decrease of -8.5% against the year before. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of 370% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, motor vehicle air conditioning machine imports reduced to $X in 2022. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 208%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Egypt (X units), the United States (X units) and Mexico (X units) were the main suppliers of motor vehicle air conditioning machine imports to Kuwait, together accounting for 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +16.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of air conditioning machines for motor vehicles to Kuwait, comprising 44% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Egypt, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-14.6% per year) and Egypt (-3.8% per year).

Import Prices by Country

The average import price for air conditioning machines for motor vehicles stood at $X per unit in 2022, declining by -2.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per unit), while the price for Egypt ($X 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 (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for air conditioning machines for motor vehicles in the world?

China remains the largest motor vehicle air conditioning machine consuming country worldwide, accounting for 23% of total volume. Moreover, motor vehicle air conditioning machine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8% share.

What are the largest producers of air conditioning machines for motor vehicles in the world?

China remains the largest motor vehicle air conditioning machine producing country worldwide, comprising approx. 26% of total volume. Moreover, motor vehicle air conditioning machine production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 6.3% share.

What are the leading suppliers of air conditioning machines for motor vehicles to Kuwait?

In value terms, the United States, the United Arab Emirates and Germany constituted the largest motor vehicle air conditioning machine suppliers to Kuwait, together accounting for 71% of total imports.

What are the leading importers of air conditioning machines for motor vehicles from Kuwait?

In value terms, the United Arab Emirates remains the key foreign market for motor vehicle air conditioning machine exports from Kuwait, comprising 64% of total exports. The second position in the ranking was occupied by Jordan $628), with a 7.2% share of total exports.

What is the average export price for air conditioning machines for motor vehicles in Kuwait?

In 2021, the average export price for air conditioning machines for motor vehicles amounted to $15,666 per ton, shrinking by -2% against the previous year.

What is the average import price for air conditioning machines for motor vehicles in Kuwait?

The average import price for air conditioning machines for motor vehicles stood at $16,418 per ton in 2021, shrinking by -19.8% against the previous year.

This report provides an in-depth analysis of the market for motor vehicle air conditioning machine 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 28251240 - Air conditioning machines of a kind used in motor vehicles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023