Report Update Nov 1, 2024

Kuwait - Mattocks, Picks, Hoes and Rakes - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Mattocks And Rakes Market 2024

Mattocks And Rakes Market Size in Kuwait

In 2022, the Kuwaiti mattocks and rakes market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Mattocks And Rakes Exports

Exports from Kuwait

Mattocks and rakes exports from Kuwait declined notably to X kg in 2022, dropping by -31.8% on 2021. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 175%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mattocks and rakes exports contracted dramatically to $X in 2022. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 149% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X kg) was the main destination for mattocks and rakes exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran stood at -12.6%.

In value terms, Iran ($X) also remains the key foreign market for mattocks, picks, hoes and rakes exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran amounted to -17.4%.

Export Prices by Country

In 2022, the average mattocks and rakes export price amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 44% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Iran.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -5.4% per year.

Mattocks And Rakes Imports

Imports into Kuwait

In 2022, supplies from abroad of mattocks, picks, hoes and rakes increased by 28% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2019 with an increase of 176% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mattocks and rakes imports surged to $X in 2022. In general, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by 229% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of mattocks and rakes to Kuwait, with a 91% share of total imports. Moreover, mattocks and rakes imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.3% per year) and the United Arab Emirates (+24.1% per year).

In value terms, China ($X) constituted the largest supplier of mattocks, picks, hoes and rakes to Kuwait, comprising 86% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.2% per year) and India (-2.7% per year).

Import Prices by Country

The average mattocks and rakes import price stood at $X per ton in 2022, with a decrease of -3.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of 19%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattocks, picks, hoes and rakes in the world?

The United States remains the largest mattocks and rakes consuming country worldwide, accounting for 15% of total volume. Moreover, mattocks and rakes consumption in the United States exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. India ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of mattocks, picks, hoes and rakes in the world?

China constituted the country with the largest volume of mattocks and rakes production, accounting for 55% of total volume. Moreover, mattocks and rakes production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Mexico ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of mattocks, picks, hoes and rakes to Kuwait?

In value terms, China constituted the largest supplier of mattocks and rakes to Kuwait, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with an 8.5% share of total imports. It was followed by the United Arab Emirates, with a 6.5% share.

What are the leading importers of mattocks, picks, hoes and rakes from Kuwait?

In value terms, Iran $432) remains the key foreign market for mattocks and rakes exports from Kuwait.

What is the average export price for mattocks, picks, hoes and rakes in Kuwait?

In 2021, the average mattocks and rakes export price amounted to $1,152 per ton, waning by -22.4% against the previous year.

What is the average import price for mattocks, picks, hoes and rakes in Kuwait?

In 2021, the average mattocks and rakes import price amounted to $1,350 per ton, increasing by 13% against the previous year.

This report provides an in-depth analysis of the mattocks and rakes 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 25731030 - Mattocks, picks, hoes and rakes

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