Report Update Feb 1, 2025

Kuwait - Gas Supply or Production Meters - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Gas Supply Meter Market 2025

Gas Supply Meter Market Size in Kuwait

The Kuwaiti gas supply meter market skyrocketed to $X in 2021, rising by 15% 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). Over the period under review, consumption posted buoyant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Gas Supply Meter Exports

Exports from Kuwait

In 2021, the amount of gas supply or production meters exported from Kuwait shrank notably to X units, dropping by -58.3% on the previous year. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 1,100%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, gas supply meter exports contracted significantly to $X in 2021. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 688% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for gas supply meter exports from Kuwait, with a approx. 80% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea stood at +300.0%.

In value terms, South Korea ($X) emerged as the key foreign market for gas supply or production meters exports from Kuwait, comprising 74% of total exports. The second position in the ranking was held by Germany ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea amounted to +32.9%.

Export Prices by Country

The average gas supply meter export price stood at $X per unit in 2021, waning by -29.9% against the previous year. Overall, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 126%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to South Korea amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.1%), while the prices for the other major destinations experienced a decline.

Gas Supply Meter Imports

Imports into Kuwait

For the third year in a row, Kuwait recorded growth in overseas purchases of gas supply or production meters, which increased by 25% to X units in 2021. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2020 when imports increased by 151% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, gas supply meter imports fell remarkably to $X in 2021. Overall, imports showed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 134%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2021, Mexico (X units) constituted the largest supplier of gas supply meter to Kuwait, with a 42% share of total imports. Moreover, gas supply meter imports from Mexico exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was held by the United States (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico amounted to +137.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+83.6% per year) and the United States (-2.9% per year).

In value terms, the largest gas supply meter suppliers to Kuwait were the United Arab Emirates ($X), France ($X) and Argentina ($X), together accounting for 61% of total imports.

The United Arab Emirates, with a CAGR of +138.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gas supply meter import price amounted to $X per unit, reducing by -39.8% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 91%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+35.8%), 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 gas supply or production meters in the world?

China constituted the country with the largest volume of gas supply meter consumption, comprising approx. 26% of total volume. Moreover, gas supply meter consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.6% share.

What are the largest producers of gas supply or production meters in the world?

The country with the largest volume of gas supply meter production was China, comprising approx. 29% of total volume. Moreover, gas supply meter production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of gas supply or production meters to Kuwait?

In value terms, Germany constituted the largest supplier of gas supply meter to Kuwait, comprising 95% of total imports. The second position in the ranking was occupied by Argentina, with a 2.5% share of total imports.

What is the average export price for gas supply or production meters in Kuwait?

In 2020, the average gas supply meter export price amounted to $18 per unit, waning by -71.3% against the previous year.

What is the average import price for gas supply or production meters in Kuwait?

The average gas supply meter import price stood at $155 per unit in 2020, falling by -54% against the previous year.

This report provides an in-depth analysis of the gas supply meter 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 26516330 - Gas supply or production meters (including calibrated)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024