Report Update Nov 1, 2024

Kuwait - Clutches - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Clutch Market 2024

Clutch Market Size in Kuwait

The Kuwaiti clutch market declined to $X in 2022, dropping by -5.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. Clutch consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Clutch Exports

Exports from Kuwait

In 2022, clutch exports from Kuwait declined to X tons, with a decrease of -10.8% compared with 2021. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 207%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, clutch exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for clutch exports from Kuwait, with a 98% share of total exports. It was followed by Slovenia (X kg), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to -24.7%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for clutches exports from Kuwait, comprising 99% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR amounted to -27.4%.

Export Prices by Country

The average clutch export price stood at $X per ton in 2022, reducing by -16.1% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2018 when the average export price increased by 173%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Slovenia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+11.1%), while the prices for the other major destinations experienced a decline.

Clutch Imports

Imports into Kuwait

In 2022, approx. X tons of clutches were imported into Kuwait; reducing by -7.9% compared with the previous year's figure. In general, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2017 with an increase of 134% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clutch imports declined to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 133% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) constituted the largest supplier of clutch to Kuwait, with a 44% share of total imports. Moreover, clutch imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. China (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.8% per year) and China (+2.6% per year).

In value terms, Japan ($X) constituted the largest supplier of clutches to Kuwait, comprising 44% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.2% per year) and Germany (+15.6% per year).

Import Prices by Country

In 2022, the average clutch import price amounted to $X per ton, increasing by 2.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clutches in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 38% share of global consumption. These countries were followed by Germany, Hungary, Japan, Russia, Brazil, Mexico, Indonesia, France, the UK and South Korea, which together accounted for a further 39%.

What are the largest producers of clutches in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, together comprising 47% of global production. These countries were followed by India, Japan, Hungary, South Korea, Brazil, Indonesia, Russia, Canada, Turkey and Spain, which together accounted for a further 39%.

What are the leading suppliers of clutches to Kuwait?

In value terms, Japan constituted the largest supplier of clutch to Kuwait, comprising 59% of total imports. The second position in the ranking was occupied by the United States, with a 29% share of total imports. It was followed by Germany, with a 4.9% share.

What are the leading importers of clutches from Kuwait?

In value terms, Hong Kong SAR remains the key foreign market for clutch exports from Kuwait, comprising 92% of total exports. The second position in the ranking was occupied by India, with a 7.7% share of total exports.

What is the average export price for clutches in Kuwait?

The average clutch export price stood at $8,273 per ton in 2021, surging by 1.6% against the previous year.

What is the average import price for clutches in Kuwait?

The average clutch import price stood at $12,809 per ton in 2021, with a decrease of -5.5% against the previous year.

This report provides an in-depth analysis of the clutch 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 29323065 - Clutches and 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.

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