Report Update Nov 1, 2024

Kuwait - Machinery for the Preparation or Making Up of Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Kuwait

In 2022, after three years of growth, there was significant decline in the Kuwaiti tobacco making machinery market, when its value decreased by -31.5% to $X. Overall, consumption, however, continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Tobacco Making Machinery Production in Kuwait

In value terms, tobacco making machinery production dropped notably to $X in 2022 estimated in export price. Over the period under review, production showed a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 474%. Tobacco making machinery production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Tobacco Making Machinery Exports

Exports from Kuwait

In 2022, shipments abroad of machinery for the preparation or making up of tobacco was finally on the rise to reach X units after three years of decline. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 425%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports soared to $X in 2022. Over the period under review, exports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2016 with an increase of 333% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X units) was the main destination for tobacco making machinery exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bahrain stood at -17.9%.

In value terms, Bahrain ($X) also remains the key foreign market for machinery for the preparation or making up of tobacco exports from Kuwait.

From 2012 to 2022, the average annual growth rate of value to Bahrain totaled -20.4%.

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, which is down by -29.1% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2020 an increase of 91%. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to -3.0% per year.

Tobacco Making Machinery Imports

Imports into Kuwait

In 2022, after two years of decline, there was significant growth in purchases abroad of machinery for the preparation or making up of tobacco, when their volume increased by 22% to X units. In general, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2019 when imports increased by 143% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, tobacco making machinery imports stood at $X in 2022. Over the period under review, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 225% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), China (X units) and Japan (X units) were the main suppliers of tobacco making machinery imports to Kuwait, with a combined 73% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +7.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Kuwait, comprising 61% of total imports. The second position in the ranking was held by Italy ($X), with a 31% share of total imports. It was followed by China, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.8% per year) and China (-35.8% per year).

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, falling by -17.7% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the preparation or making up of tobacco in the world?

The countries with the highest volumes of in 2021 were the United States, Italy and the UK, with a combined 57% share of global consumption. Turkey, Croatia, the Dominican Republic, Germany, Belgium and Brazil lagged somewhat behind, together accounting for a further 14%.

What are the largest producers of machinery for the preparation or making up of tobacco in the world?

Italy remains the largest tobacco making machinery producing country worldwide, comprising approx. 47% of total volume. Moreover, tobacco making machinery production in Italy exceeded the figures recorded by the second-largest producer, Germany, fivefold. The third position in this ranking was occupied by the Netherlands, with a 7.5% share.

What are the leading suppliers of machinery for the preparation or making up of tobacco to Kuwait?

In value terms, China $442) constituted the largest supplier of tobacco making machinery to Kuwait, comprising 6.9% of total imports. The second position in the ranking was occupied by Japan $220), with a 3.4% share of total imports. It was followed by Indonesia, with a 1.9% share.

What are the leading importers of machinery for the preparation or making up of tobacco from Kuwait?

In value terms, Bahrain $998) remains the key foreign market for tobacco making machinery exports from Kuwait.

What is the average export price for machinery for the preparation or making up of tobacco in Kuwait?

The average tobacco making machinery export price stood at $250 per unit in 2021, surging by 8.8% against the previous year.

What is the average import price for machinery for the preparation or making up of tobacco in Kuwait?

In 2021, the average tobacco making machinery import price amounted to $214 per unit, approximately equating the previous year.

This report provides an in-depth analysis of the tobacco making 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 28931900 - Machinery for the preparation or making up of tobacco

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023