Kuwait: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2025

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Kuwait

The Kuwaiti vapour generating boiler parts market declined rapidly to $X in 2022, dropping 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). In general, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Kuwait

In 2022, after three years of growth, there was significant decline in shipments abroad of parts of vapour generating boilers and super-heater water boilers, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a resilient increase. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts exports declined rapidly to $X in 2022. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for vapour generating boiler parts exports from Kuwait, with a X% share of total exports. Moreover, vapour generating boiler parts exports to Qatar exceeded the volume sent to the second major destination, Kazakhstan (X kg), more than tenfold. The third position in this ranking was taken by Bahrain (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X.7% per year) and Bahrain (X% per year).

In value terms, Qatar ($X) remains the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Kuwait, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X.3% per year) and Bahrain (X% per year).

Export Prices by Country

The average vapour generating boiler parts export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Kuwait

In 2022, the amount of parts of vapour generating boilers and super-heater water boilers imported into Kuwait dropped sharply to X tons, falling by X% against the year before. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vapour generating boiler parts imports contracted notably to $X in 2022. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), South Korea (X tons) and India (X tons) were the main suppliers of vapour generating boiler parts imports to Kuwait, together comprising X% of total imports. The United States, the Netherlands, China, the United Arab Emirates, Italy, the UK, Spain and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, Poland ($X), Italy ($X) and the United States ($X) appeared to be the largest vapour generating boiler parts suppliers to Kuwait, together comprising X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vapour generating boiler parts import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vapour generating boiler parts import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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