Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $153 per unit, which is down by -67.6% against the previous year. Overall, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 52%. Over the period under review, average import prices reached the peak figure at $473 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,769 per unit), while the price for India ($69 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $239 per unit in 2022, with a decrease of -42.5% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 10,084%. Over the period under review, the average export prices attained the maximum at $1,588 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($304 per unit), while the average price for exports to Saudi Arabia totaled $236 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-6.5%).

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait

In 2022, the amount of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses imported into Kuwait contracted significantly to 701 units, waning by -39.6% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. As a result, imports attained the peak of 1.2K units, and then declined sharply in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses reduced notably to $108K in 2022. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 181% against the previous year. As a result, imports reached the peak of $549K, and then fell notably in the following year.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Kuwait in 2022:

1. China (591.0 units)
2. United States (49.0 units)
3. India (42.0 units)
4. Turkey (16.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Kuwait

In 2022, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses from Kuwait contracted to 60 units, with a decrease of -10.4% on 2021. Overall, exports saw a significant curtailment. The exports peaked at 200 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses contracted remarkably to $14K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 3,312%. As a result, the exports reached the peak of $28K, and then contracted rapidly in the following year.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Kuwait in 2022:

1. Saudi Arabia (57.0 units)
2. United Arab Emirates (3.0 units)

Source: IndexBox Market Intelligence Platform