Kuwait: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in Kuwait

The Kuwaiti non-domestic dishwashing machine market declined sharply to $X in 2022, which is down by -35.3% 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, however, saw a modest expansion. Non-domestic dishwashing machine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Non-Domestic Dishwashing Machine Exports

Exports from Kuwait

Non-domestic dishwashing machine exports from Kuwait soared to X units in 2022, jumping by 50% against 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.7% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 57%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-domestic dishwashing machine exports surged to $X in 2022. In general, exports recorded a significant expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X units) was the main destination for non-domestic dishwashing machine exports from Kuwait, accounting for a 50% share of total exports. Moreover, non-domestic dishwashing machine exports to Iraq exceeded the volume sent to the second major destination, the United Arab Emirates (X units), sixfold. India (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and India (0.0% per year).

In value terms, Saudi Arabia ($X), Iraq ($X) and Lebanon ($X) were the largest markets for non-domestic dishwashing machine exported from Kuwait worldwide, together comprising 66% of total exports.

Among the main countries of destination, Iraq, with a CAGR of +80.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-domestic dishwashing machine export price amounted to $X per unit, surging by 263% against the previous year. In general, the export price showed a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 346%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to India ($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 Bahrain (+83.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dishwashing Machine Imports

Imports into Kuwait

In 2022, the amount of non-domestic dish-washing machines imported into Kuwait shrank significantly to X units, declining by -35.7% compared with the previous year. In general, imports, however, showed a mild increase. The pace of growth appeared the most rapid in 2021 when imports increased by 135% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, non-domestic dishwashing machine imports contracted remarkably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest non-domestic dishwashing machine supplier to Kuwait, accounting for a 28% share of total imports. Moreover, non-domestic dishwashing machine imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.0% per year) and Germany (-8.7% per year).

In value terms, Italy ($X) constituted the largest supplier of non-domestic dish-washing machines to Kuwait, comprising 23% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Canada, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.4% per year) and Canada (+5.4% per year).

Import Prices by Country

In 2022, the average non-domestic dishwashing machine import price amounted to $X per unit, picking up by 11% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 353% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Canada ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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