Kuwait: Metal Treating Machine Market 2025

Metal Treating Machine Market Size in Kuwait

The Kuwaiti metal treating machine market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a buoyant increase. Metal treating machine consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Metal Treating Machine Exports

Exports from Kuwait

In 2022, the amount of machines for treating metal, having individual functions exported from Kuwait soared to X units, picking up by X% compared with 2021 figures. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal treating machine exports skyrocketed to $X in 2022. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for metal treating machine exports from Kuwait, with a X% share of total exports. Moreover, metal treating machine exports to Germany exceeded the volume sent to the second major destination, Saudi Arabia (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Germany ($X) remains the key foreign market for machines for treating metal, having individual functions exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average metal treating machine export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price posted a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to the United Arab Emirates ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Treating Machine Imports

Imports into Kuwait

In 2022, imports of machines for treating metal, having individual functions into Kuwait surged to X units, rising by X% against the previous year. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, metal treating machine imports skyrocketed to $X in 2022. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units), Singapore (X units) and China (X units) were the main suppliers of metal treating machine imports to Kuwait, with a combined X% share of total imports.

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

In value terms, Singapore ($X) constituted the largest supplier of machines for treating metal, having individual functions to Kuwait, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Singapore totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average metal treating machine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Austria ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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