Kuwait - Industrial Machinery for the Preparation of Fruits, Nuts or Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Fruit-Preparation Industrial Machinery Market 2024
Fruit-Preparation Industrial Machinery Market Size in Kuwait
The Kuwaiti fruit-preparation industrial machinery market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate a noticeable reduction. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Fruit-Preparation Industrial Machinery Exports
Exports from Kuwait
In 2021, after two years of growth, there was significant decline in shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables, when their volume decreased by -57.1% to X units. In general, exports showed a noticeable reduction. The pace of growth was the most pronounced in 2020 when exports increased by 600%. As a result, the exports reached the peak of X units, and then contracted dramatically in the following year.
In value terms, fruit-preparation industrial machinery exports reduced rapidly to $X in 2021. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 120% against the previous year. As a result, the exports reached the peak of $X, and then declined markedly in the following year.
Exports by Country
The United Arab Emirates (X units) and the UK (X units) were the main destinations of fruit-preparation industrial machinery exports from Kuwait. Moreover, fruit-preparation industrial machinery exports in the United Arab Emirates exceeded the figures recorded by the second-largest exporter, the UK, twofold.
From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of 0.0%).
In value terms, the United Arab Emirates ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Kuwait, comprising 75% of total exports. The second position in the ranking was taken by the UK ($X), with a 25% share of total exports.
From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +2.2%.
Export Prices by Country
The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, declining by -17.7% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 539%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the UK stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+706.7%).
Fruit-Preparation Industrial Machinery Imports
Imports into Kuwait
For the third consecutive year, Kuwait recorded decline in purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables, which decreased by -12.7% to X units in 2021. Over the period under review, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 364%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.
In value terms, fruit-preparation industrial machinery imports skyrocketed to $X in 2021. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 424%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.
Imports by Country
Turkey (X units), China (X units) and France (X units) were the main suppliers of fruit-preparation industrial machinery imports to Kuwait, together comprising 56% of total imports.
From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +40.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), Sweden ($X) and France ($X) were the largest fruit-preparation industrial machinery suppliers to Kuwait, with a combined 32% share of total imports. These countries were followed by Spain, China, the Netherlands, Turkey and the UK, which together accounted for a further 17%.
Spain, with a CAGR of +48.1%, 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
The average fruit-preparation industrial machinery import price stood at $X per unit in 2021, rising by 68% against the previous year. Overall, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), 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 fruit-preparation industrial machinery 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 28931760 - Industrial machinery for the preparation of fruits, nuts or vegetables (excluding for use in milling or for working dried leguminous vegetables)
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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