Kuwait: Metal Gas Appliances Market 2025

Metal Gas Appliances Market Size in Kuwait

The Kuwaiti metal gas appliances market shrank sharply to $X in 2022, dropping by -41% against the previous year. Over the period under review, consumption, however, enjoyed a mild increase. As a result, consumption attained the peak level of $X, and then declined significantly in the following year.

Metal Gas Appliances Production in Kuwait

In value terms, metal gas appliances production rose sharply to $X in 2022 estimated in export price. In general, production continues to indicate measured growth. The growth pace was the most rapid in 2017 when the production volume increased by 52% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Metal Gas Appliances Exports

Exports from Kuwait

In 2022, overseas shipments of iron or steel gas domestic appliances decreased by -24% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 502% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then reduced rapidly in the following year.

In value terms, metal gas appliances exports contracted to $X in 2022. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,444%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

The United Arab Emirates (X units), Jordan (X units) and Saudi Arabia (X units) were the main destinations of metal gas appliances exports from Kuwait, together accounting for 93% of total exports. Qatar, Bahrain and Iraq lagged somewhat behind, together comprising a further 6.5%.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +50.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal gas appliances exported from Kuwait were the United Arab Emirates ($X), Bahrain ($X) and Qatar ($X), with a combined 90% share of total exports.

Bahrain, with a CAGR of +88.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal gas appliances export price stood at $X per unit in 2022, surging by 21% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 157%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Jordan ($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 Bahrain (+25.4%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Gas Appliances Imports

Imports into Kuwait

In 2022, imports of iron or steel gas domestic appliances into Kuwait contracted remarkably to X units, dropping by -42.2% on the previous year's figure. Overall, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2021 with an increase of 361%. As a result, imports attained the peak of X units, and then fell markedly in the following year.

In value terms, metal gas appliances imports fell sharply to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 173% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest metal gas appliances supplier to Kuwait, with a 83% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X units), more than tenfold. The third position in this ranking was taken by Pakistan (X units), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+11.6% per year) and Pakistan (+6.9% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Kuwait, comprising 51% of total imports. The second position in the ranking was taken by Egypt ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+12.6% per year) and the Netherlands (+33.8% per year).

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, surging by 18% against the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 an increase of 69% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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