
Kuwait - Carbon Brushes - Market Analysis, Forecast, Size, Trends and Insights
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Carbon Brush Market Size in Kuwait
In 2021, after three years of decline, there was significant growth in the Kuwaiti carbon brush market, when its value increased by 252% to $X. In general, consumption saw a prominent increase. Carbon brush consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Carbon Brush Exports
Exports from Kuwait
In 2020, overseas shipments of carbon brushes decreased by -75% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 38%. As a result, the exports attained the peak of X kg. From 2019 to 2020, the growth of the exports remained at a lower figure.
In value terms, carbon brush exports plummeted to $X in 2020. Overall, exports saw a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of 45% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Oman (X kg) and Belgium (X kg) were the main destinations of carbon brush exports from Kuwait.
From 2013 to 2020, the biggest increases were recorded for Oman (with a CAGR of 0.0%).
In value terms, Oman ($X) emerged as the key foreign market for carbon brushes exports from Kuwait, comprising 76% of total exports. The second position in the ranking was held by Belgium ($X), with a 24% share of total exports.
From 2013 to 2020, the average annual growth rate of value to Oman was relatively modest.
Export Prices by Country
In 2020, the average carbon brush export price amounted to $X per ton, which is down by -25.8% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2020, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Oman ($X per ton), while the average price for exports to Belgium stood at $X per ton.
From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-19.9%).
Carbon Brush Imports
Imports into Kuwait
In 2021, after three years of decline, there was significant growth in purchases abroad of carbon brushes, when their volume increased by 267% to X tons. In general, imports recorded a prominent increase. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, carbon brush imports soared to $X in 2021. Over the period under review, imports posted prominent growth. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Malaysia (X tons) constituted the largest carbon brush supplier to Kuwait, with a 47% share of total imports. Moreover, carbon brush imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The United Arab Emirates (X kg) ranked third in terms of total imports with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia totaled +74.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+46.8% per year) and the United Arab Emirates (+7.6% per year).
In value terms, Malaysia ($X), India ($X) and Germany ($X) appeared to be the largest carbon brush suppliers to Kuwait, together comprising 62% of total imports.
In terms of the main suppliers, Malaysia, with a CAGR of +54.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2021, the average carbon brush import price amounted to $X per ton, with a decrease of -6.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then fell in the following year.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the carbon brush 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 27901370 - Carbon brushes
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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