Kuwait: Engine Generator Market 2025

Engine Generator Market Size in Kuwait

After four years of decline, the Kuwaiti engine generator market increased by 1.3% to $X in 2022. Over the period under review, consumption, however, continues to indicate a abrupt descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Engine Generator Exports

Exports from Kuwait

For the fourth year in a row, Kuwait recorded decline in overseas shipments of generators for internal combustion engines, which decreased by 0% to X units in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2018 when exports increased by 1,531%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, engine generator exports rose rapidly to $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 7,268% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for engine generator exports from Kuwait, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, growing by 9.3% against the previous year. Overall, the export price enjoyed a measured increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 352%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to +561.5% per year.

Engine Generator Imports

Imports into Kuwait

After four years of decline, purchases abroad of generators for internal combustion engines increased by 12% to X units in 2022. Overall, imports, however, showed a perceptible decline. The growth pace was the most rapid in 2017 when imports increased by 243% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, engine generator imports contracted to $X in 2022. In general, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 172% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Germany (X units) and Japan (X units) were the main suppliers of engine generator imports to Kuwait, together comprising 45% of total imports. China, Belgium, the UK and the Netherlands lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +21.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest engine generator suppliers to Kuwait were the United States ($X), Germany ($X) and China ($X), together accounting for 49% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +17.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average engine generator import price stood at $X per unit in 2022, reducing by -15.6% against the previous year. Over the period under review, the import price showed a perceptible contraction. The growth pace was the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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