Kuwait: Transport Container Market 2025

Transport Container Market Size in Kuwait

The Kuwaiti transport container market rose slightly to $X in 2022, growing by 1.7% against the previous year. In general, consumption posted a pronounced expansion. Transport container consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Transport Container Production in Kuwait

In value terms, transport container production stood at $X in 2022 estimated in export price. Overall, production saw temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of 11,303% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Transport Container Exports

Exports from Kuwait

Transport container exports from Kuwait reduced markedly to X units in 2022, with a decrease of -16.5% on 2021. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of 1,648%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, transport container exports shrank notably to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,856% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X units) was the main destination for transport container exports from Kuwait, accounting for a 56% share of total exports. Moreover, transport container exports to Egypt exceeded the volume sent to the second major destination, Oman (X units), fourfold. Saudi Arabia (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt stood at +70.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-13.3% per year) and Saudi Arabia (+49.4% per year).

In value terms, Oman ($X), Qatar ($X) and Saudi Arabia ($X) constituted the largest markets for transport container exported from Kuwait worldwide, with a combined 80% share of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +55.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, with a decrease of -17.9% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 154%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+65.2%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Kuwait

In 2022, approx. X units of transport containers were imported into Kuwait; shrinking by -12.1% against the previous year. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 156%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, transport container imports shrank to $X in 2022. In general, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2019 when imports increased by 82%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of transport container to Kuwait, with a 43% share of total imports. Moreover, transport container imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Saudi Arabia (X units), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.9% per year) and Saudi Arabia (+53.3% per year).

In value terms, China ($X), the United Arab Emirates ($X) and the United States ($X) were the largest transport container suppliers to Kuwait, together comprising 76% of total imports. Italy, Turkey, Saudi Arabia, the UK and Singapore lagged somewhat behind, together accounting for a further 16%.

Turkey, with a CAGR of +23.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, increasing by 5.8% against the previous year. Over the period under review, the import price, however, saw a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, 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 United States ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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