Report Update Nov 1, 2024

Kuwait - Splitting, Slicing or Paring Machines - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Wood Slicing Machine Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for splitting, slicing or paring machines in the world?

The countries with the highest volumes of wood slicing machine consumption in 2021 were China, the United States and Pakistan, with a combined 45% share of global consumption. Brazil, South Africa, Canada, Japan, France, Germany, Italy, the UK, Turkey and the Netherlands lagged somewhat behind, together comprising a further 28%.

What are the largest producers of splitting, slicing or paring machines in the world?

China constituted the country with the largest volume of wood slicing machine production, accounting for 63% of total volume. Moreover, wood slicing machine production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold. Brazil ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of splitting, slicing or paring machines to Kuwait?

In value terms, the largest wood slicing machine suppliers to Kuwait were China, the United Arab Emirates and Turkey, together comprising 53% of total imports.

What are the leading importers of splitting, slicing or paring machines from Kuwait?

In value terms, Iran remains the key foreign market for wood slicing machine exports from Kuwait, comprising 66% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 28% share of total exports.

What is the average export price for splitting, slicing or paring machines in Kuwait?

The average wood slicing machine export price stood at $4,097 per unit in 2021, falling by -25.5% against the previous year.

What is the average import price for splitting, slicing or paring machines in Kuwait?

The average wood slicing machine import price stood at $1,124 per unit in 2021, with an increase of 51% against the previous year.

This report provides an in-depth analysis of the wood slicing 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 28491275 - Splitting, slicing or paring machines for working wood, cork, b one, 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