Report Update Nov 1, 2024

Kuwait - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Milking Machine Market 2024

Milking Machine Exports

Exports from Kuwait

In 2021, milking machine exports from Kuwait totaled X units, remaining relatively unchanged against 2020. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, milking machine exports amounted to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2017. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Egypt (X units) was the main destination for milking machine exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2016 to 2021, the average annual growth rate of volume to Egypt was relatively modest.

From 2016 to 2021, the average annual growth rate of value to Egypt was relatively modest.

Export Prices by Country

The average milking machine export price stood at $X per unit in 2021, remaining stable against the previous year. Over the period under review, the export price posted a pronounced increase. The pace of growth was the most pronounced in 2017 a decrease of 99.9% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2016 to 2021, the rate of growth in terms of prices for Jordan amounted to 0.0% per year.

Milking Machine Imports

Imports into Kuwait

In 2022, after two years of growth, there was significant decline in overseas purchases of milking machines, when their volume decreased by -12.3% to X units. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 395%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, milking machine imports reduced dramatically to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 215%. Over the period under review, imports hit record highs at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

Pakistan (X units), Germany (X units) and Turkey (X units) were the main suppliers of milking machine imports to Kuwait, together accounting for 48% of total imports. These countries were followed by China, Belgium, the Netherlands, Denmark and the United Arab Emirates, which together accounted for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +389.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of milking machines to Kuwait, comprising 37% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by Pakistan, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+44.5% per year) and Pakistan (+27.8% per year).

Import Prices by Country

In 2022, the average milking machine import price amounted to $X per unit, reducing by -19.2% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 101% against the previous year. The import price peaked 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 Belgium ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milking machines in the world?

The countries with the highest volumes of milking machine consumption in 2020 were China, the United States and Russia, together accounting for 41% of global consumption. Pakistan, Nigeria, Mexico, Germany, Chile, Turkey, Ethiopia, France, the UK and India lagged somewhat behind, together comprising a further 29%.

What are the largest producers of milking machines in the world?

China remains the largest milking machine producing country worldwide, accounting for 27% of total volume. Moreover, milking machine production in China exceeded the figures recorded by the second-largest producer, the Netherlands, fourfold. The third position in this ranking was occupied by Sweden, with a 5.9% share.

What are the leading suppliers of milking machines to Kuwait?

In value terms, Pakistan, Turkey and Denmark were the largest milking machine suppliers to Kuwait, together accounting for 34% of total imports. These countries were followed by China, which accounted for a further 1.7%.

What is the average export price for milking machines in Kuwait?

In 2016, the average milking machine export price amounted to $608 per unit, remaining relatively unchanged against the previous year.

What is the average import price for milking machines in Kuwait?

The average milking machine import price stood at $624 per unit in 2020, surging by 25% against the previous year.

This report provides an in-depth analysis of the milking 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 28308200 - Milking 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