Report Update Nov 1, 2024

Kuwait - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Kuwait

The Kuwaiti wood milling machine market dropped significantly to $X in 2021, which is down by -34.9% 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). Over the period under review, consumption, however, recorded a remarkable increase. Wood milling machine consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Wood Milling Machine Exports

Exports from Kuwait

After three years of growth, overseas shipments of planing, milling or moulding machines decreased by -50% to X units in 2021. In general, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wood milling machine exports dropped rapidly to $X in 2021. Overall, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2014 with an increase of 38%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Lebanon (X units) was the main destination for wood milling machine exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Lebanon stood at -26.5%.

In value terms, Lebanon ($X) emerged as the key foreign market for planing, milling or moulding machines exports from Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value to Lebanon amounted to -30.2%.

Export Prices by Country

The average wood milling machine export price stood at $X per unit in 2021, growing by 26% against the previous year. Overall, the export price, however, saw a deep slump. The growth pace was the most rapid in 2014 when the average export price increased by 531%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, 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 Lebanon.

From 2012 to 2021, the rate of growth in terms of prices for Lebanon amounted to -5.9% per year.

Wood Milling Machine Imports

Imports into Kuwait

Wood milling machine imports into Kuwait dropped dramatically to X units in 2021, which is down by -35.1% compared with the previous year's figure. Overall, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2015 when imports increased by 139% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood milling machine imports dropped markedly to $X in 2021. Over the period under review, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 194%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wood milling machine supplier to Kuwait, accounting for a 58% share of total imports. Moreover, wood milling machine imports from China exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was held by Japan (X units), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.4% per year) and Japan (0.0% per year).

In value terms, France ($X) constituted the largest supplier of planing, milling or moulding machines to Kuwait, comprising 54% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+8.4% per year) and China (+11.1% per year).

Import Prices by Country

In 2021, the average wood milling machine import price amounted to $X per unit, flattening at the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for planing, milling or moulding machines in the world?

The country with the largest volume of wood milling machine consumption was South Africa, accounting for 46% of total volume. Moreover, wood milling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The United States ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of planing, milling or moulding machines in the world?

The country with the largest volume of wood milling machine production was China, comprising approx. 45% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. Japan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of planing, milling or moulding machines to Kuwait?

In value terms, France constituted the largest supplier of wood milling machine to Kuwait, comprising 46% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 10% share of total imports. It was followed by Spain, with a 10% share.

What is the average export price for planing, milling or moulding machines in Kuwait?

In 2020, the average wood milling machine export price amounted to $508 per unit, remaining constant against the previous year.

What is the average import price for planing, milling or moulding machines in Kuwait?

In 2021, the average wood milling machine import price amounted to $1,562 per unit, picking up by 53% against the previous year.

This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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