Report Update Nov 1, 2024

Kuwait - Airplanes and Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Aircraft Market 2024

Aircraft Market Size in Kuwait

The Kuwaiti aircraft market was estimated at $X in 2022, leveling off at the previous year. In general, consumption recorded a perceptible descent. Aircraft consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aircraft Production in Kuwait

In value terms, aircraft production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 89%. Aircraft production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Aircraft Exports

Exports from Kuwait

In 2019, approx. X units of airplanes and other aircraft were exported from Kuwait; standing approx. at the previous year. In general, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2015. The exports peaked in 2019 and are likely to see steady growth in the near future.

In value terms, aircraft exports amounted to $X in 2019. Overall, exports continue to indicate a dramatic slump. The smallest decline of 99.9% was in 2015. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2019, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for aircraft exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2014 to 2019, the average annual growth rate of volume to Australia was relatively modest.

From 2014 to 2019, the average annual rate of growth in terms of value to Australia was relatively modest.

Export Prices by Country

The average aircraft export price stood at $X per unit in 2019, remaining constant against the previous year. Overall, the export price recorded a sharp reduction. The most prominent rate of growth was recorded in 2015 a decrease of 99.9% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2014 to 2019, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Aircraft Imports

Imports into Kuwait

In 2022, overseas purchases of airplanes and other aircraft decreased by 0% to X units, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 50%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, aircraft imports reached $X in 2022. Over the period under review, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2019 when imports increased by 768%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of aircraft imports to Kuwait, with a combined 38% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and China ($X) appeared to be the largest aircraft suppliers to Kuwait, with a combined 68% share of total imports. Slovakia, Italy, Turkey and Germany lagged somewhat behind, together comprising a further 8.5%.

Among the main suppliers, Turkey, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average aircraft import price amounted to $X per unit, increasing by 6.2% against the previous year. Over the period under review, the import price, however, saw a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 659%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+122.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for airplanes and other aircraft in the world?

Belgium constituted the country with the largest volume of aircraft consumption, comprising approx. 31% of total volume. Moreover, aircraft consumption in Belgium exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Kyrgyzstan ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of airplanes and other aircraft in the world?

China constituted the country with the largest volume of aircraft production, accounting for 59% of total volume. Moreover, aircraft production in China exceeded the figures recorded by the second-largest producer, Turkey, ninefold. The third position in this ranking was occupied by Israel, with a 5.9% share.

What are the leading suppliers of airplanes and other aircraft to Kuwait?

In value terms, the United States constituted the largest supplier of aircraft to Kuwait, comprising 71% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports.

What is the average export price for airplanes and other aircraft in Kuwait?

In 2014, the average aircraft export price amounted to $131,186 per unit, stabilizing at the previous year.

What is the average import price for airplanes and other aircraft in Kuwait?

The average aircraft import price stood at $16,954 per unit in 2021, waning by -54.8% against the previous year.

This report provides an in-depth analysis of the aircraft 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 30303200 - Aeroplanes and other aircraft of an unladen weight . 2 .000 kg, for civil use

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