Report Kuwait - Pile-Drivers and Pile-Extractors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Kuwait - Pile-Drivers and Pile-Extractors - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Pile-Driver Market 2024

Pile-Driver Exports

Exports from Kuwait

For the seventh year in a row, Kuwait recorded growth in shipments abroad of pile-drivers and pile-extractors, which increased by 400% to X units in 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pile-driver exports skyrocketed to $X in 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X units) was the main destination for pile-driver exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea stood at +210.7%.

In value terms, South Korea ($X) remains the key foreign market for pile-drivers and pile-extractors exports from Kuwait, comprising 78% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled +71.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+5.9% per year) and Saudi Arabia (+123.3% per year).

Export Prices by Country

The average pile-driver export price stood at $X per unit in 2021, surging by 6.6% against the previous year. In general, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 85%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to South Korea totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+383.5%), while the prices for the other major destinations experienced a decline.

Pile-Driver Imports

Imports into Kuwait

In 2021, the amount of pile-drivers and pile-extractors imported into Kuwait dropped rapidly to X units, waning by -86.7% compared with the year before. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 167% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, pile-driver imports declined rapidly to $X in 2021. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 when imports increased by 344% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X units) was the main pile-driver supplier to Kuwait, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia totaled +55.5%.

In value terms, South Korea ($X), Germany ($X) and Saudi Arabia ($X) appeared to be the largest pile-driver suppliers to Kuwait, with a combined 27% share of total imports.

Saudi Arabia, with a CAGR of +19.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average pile-driver import price amounted to $X per unit, rising by 200% against the previous year. In general, the import price saw a moderate increase. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+162.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of pile-driver consumption in 2020 were South Korea, Germany and the United States, together accounting for 47% of global consumption. The United Arab Emirates, Nigeria, Finland, the UK, Singapore, Tanzania, Japan, Canada, the Netherlands and Belgium lagged somewhat behind, together comprising a further 29%.
The country with the largest volume of pile-driver production was Germany, accounting for 35% of total volume. Moreover, pile-driver production in Germany exceeded the figures recorded by the second-largest producer, Finland, threefold. The third position in this ranking was occupied by Japan, with a 12% share.
In value terms, China constituted the largest supplier of pile-driver to Kuwait, comprising 61% of total imports. The second position in the ranking was occupied by Saudi Arabia $574), with a 0.3% share of total imports.
In value terms, South Korea remains the key foreign market for pile-driver exports from Kuwait, comprising 77% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 3.6% share of total exports.
In 2020, the average pile-driver export price amounted to $67,758 per unit, surging by 10% against the previous year.
In 2020, the average pile-driver import price amounted to $17,207 per unit, with an increase of 124% against the previous year.

This report provides an in-depth analysis of the pile-driver 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 28923010 - Pile-drivers and pile-extractors

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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