Kuwait: Milling Industry Machinery Market 2025

Milling Industry Machinery Market Size in Kuwait

The Kuwaiti milling industry machinery market shrank rapidly to $X in 2022, waning 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). Overall, consumption, however, saw a prominent increase. Milling industry machinery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Milling Industry Machinery Exports

Exports from Kuwait

In 2022, the amount of milling industry machinery exported from Kuwait fell remarkably to X units, which is down by X% compared with 2021 figures. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, milling industry machinery exports reduced remarkably to $X in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for milling industry machinery exports from Kuwait, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) also remains the key foreign market for milling industry machinery exports from Kuwait.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%.

Export Prices by Country

In 2022, the average milling industry machinery export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

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

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

Milling Industry Machinery Imports

Imports into Kuwait

Milling industry machinery imports into Kuwait contracted dramatically to X units in 2022, with a decrease of X% compared with the previous year. Overall, imports, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, milling industry machinery imports fell remarkably to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of milling industry machinery to Kuwait, with a X% share of total imports. Moreover, milling industry machinery imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fourfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the United Arab Emirates (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of milling industry machinery to Kuwait, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($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 Switzerland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and China (X% per year).

Import Prices by Country

The average milling industry machinery import price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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