Kuwait: Wood Slicing Machine Market 2025

Wood Slicing Machine Market Size in Kuwait

In 2021, the Kuwaiti wood slicing machine market increased by 98% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption posted prominent growth. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Wood Slicing Machine Exports

Exports from Kuwait

After two years of decline, overseas shipments of splitting, slicing or paring machines increased by 100% to X units in 2021. Over the period under review, exports, however, recorded a deep slump. The growth pace was the most rapid in 2017 with an increase of 200%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports reduced dramatically to $X in 2021. In general, exports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 314%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X units) and Thailand (X units) were the main destinations of wood slicing machine exports from Kuwait.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of 0.0%).

In value terms, Iran ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) appeared to be the largest markets for wood slicing machine exported from Kuwait worldwide, with a combined 99% share of total exports. Qatar and Thailand lagged somewhat behind, together accounting for a further 1.5%.

Thailand, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, falling by -95.5% against the previous year. In general, the export price recorded a significant decrease. The pace of growth appeared the most rapid in 2016 an increase of 350% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Iran ($X per unit), while the average price for exports to Thailand ($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 Iran (+5.9%), while the prices for the other major destinations experienced a decline.

Wood Slicing Machine Imports

Imports into Kuwait

In 2021, supplies from abroad of splitting, slicing or paring machines increased by 97% to X units, rising for the second year in a row after four years of decline. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 262%. 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 slicing machine imports soared to $X in 2021. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 253% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest supplier of wood slicing machine to Kuwait, accounting for a 59% share of total imports. Moreover, wood slicing machine imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The UK (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) amounted to +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.5% per year) and the UK (+10.0% per year).

In value terms, the largest wood slicing machine suppliers to Kuwait were the UK ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 70% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +54.7%, 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

In 2021, the average wood slicing machine import price amounted to $X per unit, picking up by 4.4% against the previous year. Overall, the import price continues to indicate temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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