Kuwait: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Kuwait

In 2021, the Kuwaiti market for non-electronic instruments for measuring or checking variables of liquids or gases decreased by -28.2% to $X, falling for the third year in a row after four years of growth. In general, consumption recorded a noticeable reduction. Non-electronic liquid or gas measurer consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Kuwait

In 2021, shipments abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by 104% to X units, rising for the third consecutive year after six years of decline. In general, exports, however, recorded a sharp slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), the United States (X units) and Saudi Arabia (X units) were the main destinations of non-electronic liquid or gas measurer exports from Kuwait, together accounting for 64% of total exports. These countries were followed by Germany, Austria, the United Arab Emirates, Oman and India, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +58.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Saudi Arabia ($X) appeared to be the largest markets for non-electronic liquid or gas measurer exported from Kuwait worldwide, with a combined 83% share of total exports. These countries were followed by the United Arab Emirates, Italy, India, Austria and Oman, which together accounted for a further 17%.

Oman, with a CAGR of +208.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, dropping by -25% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 114% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+138.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Kuwait

In 2021, purchases abroad of non-electronic instruments for measuring or checking variables of liquids or gases decreased by -19.4% to X units, falling for the third year in a row after four years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 81% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer imports dropped sharply to $X in 2021. Over the period under review, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2016 when imports increased by 61% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), Ireland (X units) and the United Arab Emirates (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Kuwait, together comprising 89% of total imports.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +168.3%), while purchases for the other leaders experienced a decline.

In value terms, the UK ($X), the United States ($X) and Ireland ($X) constituted the largest non-electronic liquid or gas measurer suppliers to Kuwait, together accounting for 80% of total imports.

Among the main suppliers, Ireland, with a CAGR of +187.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, shrinking by -17.6% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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