Report Update Nov 1, 2024

Kuwait - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Vacuum Pump Market 2024

Vacuum Pump Market Size in Kuwait

In 2022, the Kuwaiti vacuum pump market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vacuum Pump Exports

Exports from Kuwait

In 2022, approx. X units of vacuum pumps were exported from Kuwait; which is down by -30.9% on 2021. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 217% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, vacuum pump exports reduced markedly to $X in 2022. Over the period under review, exports faced a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by 75%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X units) was the main destination for vacuum pump exports from Kuwait, with a 50% share of total exports. Moreover, vacuum pump exports to Iran exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Iran amounted to +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+21.2% per year) and the United Arab Emirates (+3.0% per year).

In value terms, the largest markets for vacuum pump exported from Kuwait were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising 63% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +33.5%, recorded the highest growth rate of 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 vacuum pump export price amounted to $X per unit, surging by 19% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 154%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Germany ($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 Pakistan (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Kuwait

In 2022, overseas purchases of vacuum pumps were finally on the rise to reach X units after two years of decline. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 334%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vacuum pump imports skyrocketed to $X in 2022. In general, imports posted a buoyant expansion. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest vacuum pump supplier to Kuwait, accounting for a 43% share of total imports. Moreover, vacuum pump imports from Italy exceeded the figures recorded by the second-largest supplier, South Korea (X units), fourfold. China (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+49.3% per year) and China (+22.3% per year).

In value terms, the largest vacuum pump suppliers to Kuwait were the UK ($X), Italy ($X) and Qatar ($X), with a combined 50% share of total imports.

The UK, with a CAGR of +61.4%, saw 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 more modest paces of growth.

Import Prices by Country

The average vacuum pump import price stood at $X per unit in 2022, declining by -34.9% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 196%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.7%), 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 vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 48% of global consumption. These countries were followed by Brazil, India, Japan, Italy, France, Mexico, Nigeria, Belgium, the UK and South Korea, which together accounted for a further 33%.

What are the largest producers of vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 50% share of global production. These countries were followed by Japan, Germany, Italy, India, Mexico, France, the UK, Belgium, South Korea and Turkey, which together accounted for a further 37%.

What are the leading suppliers of vacuum pumps to Kuwait?

In value terms, China constituted the largest supplier of vacuum pump to Kuwait, comprising 23% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with an 8% share of total imports. It was followed by Qatar, with a 5.8% share.

What are the leading importers of vacuum pumps from Kuwait?

In value terms, the largest markets for vacuum pump exported from Kuwait were the United Arab Emirates, Saudi Arabia and Iran, together comprising 70% of total exports.

What is the average export price for vacuum pumps in Kuwait?

The average vacuum pump export price stood at $1,641 per unit in 2021, increasing by 5% against the previous year.

What is the average import price for vacuum pumps in Kuwait?

In 2021, the average vacuum pump import price amounted to $172 per unit, reducing by -10.3% against the previous year.

This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring

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