Kuwait: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Kuwait

The Kuwaiti market for fully or partly automatic electric machines for arc welding of metals was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Kuwait

In 2022, shipments abroad of fully or partly automatic electric machines for arc welding of metals was finally on the rise to reach X units after two years of decline. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 217% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals dropped sharply to $X in 2022. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 212%. Over the period under review, the exports of reached the peak figure at $X in 2021, and then declined sharply in the following year.

Exports by Country

Saudi Arabia (X units) was the main destination for exports of fully or partly automatic electric machines for arc welding of metals from Kuwait, accounting for a 62% share of total exports. Moreover, exports of fully or partly automatic electric machines for arc welding of metals to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-5.1% per year) and Germany (+9.3% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for fully or partly automatic electric machines for arc welding of metals exports from Kuwait, comprising 65% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at +109.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+22.5% per year) and the United Arab Emirates (+0.2% per year).

Export Prices by Country

In 2022, the average export price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, reducing by -32.2% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 149%. The export price peaked at $X per unit in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($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 Saudi Arabia (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Kuwait

After four years of decline, purchases abroad of fully or partly automatic electric machines for arc welding of metals increased by 58% to X units in 2022. Over the period under review, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2013 with an increase of 443%. Over the period under review, imports of reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals surged to $X in 2022. Overall, imports recorded a notable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 356% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X units), the United States (X units) and the United Arab Emirates (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to Kuwait, with a combined 62% share of total imports. India, China, Poland, Sweden, Canada, South Korea and Italy lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +41.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fully or partly automatic arc welding machine suppliers to Kuwait were Singapore ($X), the United States ($X) and the United Arab Emirates ($X), together comprising 74% of total imports.

Singapore, with a CAGR of +34.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, flattening at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 92% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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