Report Update Nov 1, 2024

Kuwait - Machines for Deburring or Polishing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Kuwait

In 2021, after three years of decline, there was significant growth in the Kuwaiti metal deburring machine market, when its value increased by 48% to $X. Overall, consumption recorded a noticeable increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Kuwait

Metal deburring machine exports from Kuwait soared to X units in 2021, jumping by 644% on the year before. Over the period under review, exports showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 3,220%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal deburring machine exports surged to $X in 2021. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for metal deburring machine exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to +12.6%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for machines for deburring or polishing metal exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at -20.0%.

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, with an increase of 23% against the previous year. Over the period under review, the export price, however, saw a sharp curtailment. The growth pace was the most rapid in 2019 an increase of 388% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to -28.9% per year.

Metal Deburring Machine Imports

Imports into Kuwait

In 2021, after three years of decline, there was significant growth in purchases abroad of machines for deburring or polishing metal, when their volume increased by 33% to X units. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 134% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal deburring machine imports surged to $X in 2021. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 231% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Russia (X units) and South Korea (X units) were the main suppliers of metal deburring machine imports to Kuwait, with a combined 70% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +33.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of machines for deburring or polishing metal to Kuwait, comprising 35% of total imports. The second position in the ranking was held by Turkey ($X), with a 12% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +51.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+20.5% per year) and China (-3.9% per year).

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, jumping by 39% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 123%. As a result, import price reached the peak level of $X per unit. From 2015 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 Russia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for deburring or polishing metal in the world?

The country with the largest volume of metal deburring machine consumption was China, comprising approx. 55% of total volume. Moreover, metal deburring machine consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold. The third position in this ranking was occupied by Japan, with a 3.7% share.

What are the largest producers of machines for deburring or polishing metal in the world?

The country with the largest volume of metal deburring machine production was China, accounting for 69% of total volume. Moreover, metal deburring machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Japan ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of machines for deburring or polishing metal to Kuwait?

In value terms, the largest metal deburring machine suppliers to Kuwait were China, South Korea and France, with a combined 18% share of total imports.

What are the leading importers of machines for deburring or polishing metal from Kuwait?

In value terms, the United Arab Emirates $856) remains the key foreign market for metal deburring machine exports from Kuwait, comprising 89% of total exports. The second position in the ranking was occupied by the Philippines $65), with a 6.7% share of total exports.

What is the average export price for machines for deburring or polishing metal in Kuwait?

The average metal deburring machine export price stood at $138 per unit in 2020, dropping by -6.8% against the previous year.

What is the average import price for machines for deburring or polishing metal in Kuwait?

The average metal deburring machine import price stood at $412 per unit in 2020, surging by 105% against the previous year.

This report provides an in-depth analysis of the metal deburring machine 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing machines)

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