Kuwait - Non-Numerically Controlled Horizontal Lathes, For Removing Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Numerically Controlled Lathe Price in Kuwait - 2022
Contents:
- Non-Numerically Controlled Lathe Price in Kuwait (CIF) - 2022
- Non-Numerically Controlled Lathe Price in Kuwait (FOB) - 2022
- Non-Numerically Controlled Lathe Imports in Kuwait
- Non-Numerically Controlled Lathe Exports in Kuwait
Non-Numerically Controlled Lathe Price in Kuwait (CIF) - 2022
In 2022, the average non-numerically controlled lathe import price amounted to $16,858 per unit, with a decrease of -8.3% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-numerically controlled lathe import price increased by +60.2% against 2018 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 51% against the previous year. The import price peaked at $18,388 per unit in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($66,839 per unit), while the price for India ($941 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Numerically Controlled Lathe Price in Kuwait (FOB) - 2022
The average non-numerically controlled lathe export price stood at $3,568 per unit in 2022, surging by 218% against the previous year. Over the period under review, the export price, however, saw a perceptible descent. Over the period under review, the average export prices hit record highs at $7,237 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +24.8% per year.
Non-Numerically Controlled Lathe Imports in Kuwait
In 2022, the amount of non-numerically controlled horizontal lathes, for removing metal imported into Kuwait reduced remarkably to 34 units, with a decrease of -20.9% on the year before. Overall, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked at 128 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-numerically controlled lathe imports declined notably to $573K in 2022. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 122%. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Non-Numerically Controlled Lathe in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 245 | 87.7 | 218 | 124 | -20.3% |
| Taiwan (Chinese) | 255 | 47.6 | 8.9 | 67.8 | -35.7% |
| Germany | 4.6 | 0.3 | 117 | 66.8 | 144.0% |
| Australia | 29.4 | 15.0 | 53.1 | 61.1 | 27.6% |
| United States | 59.3 | 58.9 | 62.0 | 49.9 | -5.6% |
| China | 122 | 27.9 | 29.4 | 29.0 | -38.1% |
| Canada | 48.8 | 18.0 | 47.1 | 27.0 | -17.9% |
| Italy | 3.7 | 1.3 | 38.3 | 22.0 | 81.2% |
| Bulgaria | 39.0 | 0.3 | 25.4 | 14.6 | -27.9% |
| Pakistan | 21.4 | 8.4 | 22.8 | 14.1 | -13.0% |
| South Korea | 37.0 | 10.6 | 21.2 | 9.7 | -36.0% |
| Saudi Arabia | 9.0 | 2.8 | 5.9 | 2.9 | -31.4% |
| India | 6.6 | 13.8 | 20.7 | 0.9 | -48.5% |
| Others | 573 | 63.2 | 121 | 83.4 | -47.4% |
| Total | 1,454 | 356 | 791 | 573 | -26.7% |
Top Suppliers of Non-Numerically Controlled Lathe to Kuwait in 2022:
- Taiwan (Chinese) (11.0 units)
- United States (5.0 units)
- Austria (3.0 units)
- China (2.0 units)
- Canada (1.0 units)
- Pakistan (1.0 units)
- Saudi Arabia (1.0 units)
- Australia (1.0 units)
- Italy (1.0 units)
- India (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
- Bulgaria (1.0 units)
Non-Numerically Controlled Lathe Exports in Kuwait
After three years of growth, shipments abroad of non-numerically controlled horizontal lathes, for removing metal decreased by -50% to 1 units in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports reached the peak of 2 units, and then dropped rapidly in the following year.
In value terms, non-numerically controlled lathe exports skyrocketed to $3.6K in 2022. In general, exports recorded a precipitous slump. Over the period under review, the non-numerically controlled laexports hit record highs at $7.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Non-Numerically Controlled Lathe in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.2 | 4.9 | 2.2 | 3.6 | -20.6% |
| Bahrain | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 4.9 | 2.2 | 3.6 | -20.6% |
Top Export Markets for Non-Numerically Controlled Lathe from Kuwait in 2022:
- Saudi Arabia (1.0 units)
This report provides an in-depth analysis of the non-numerically controlled lathe 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
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