Kuwait - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ship Derrick Buckets and Shovels in Kuwait - 2021
Contents:
- Price for Ship Derrick Buckets and Shovels in Kuwait (CIF) - 2022
- Price for Ship Derrick Buckets and Shovels in Kuwait (FOB) - 2022
- Imports of Ship Derrick Buckets and Shovels in Kuwait
- Exports of Ship Derrick Buckets and Shovels in Kuwait
Price for Ship Derrick Buckets and Shovels in Kuwait (CIF) - 2022
In 2022, the average import price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $434 per unit, almost unchanged from the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ship derrick buckets and shovels import price decreased by -23.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. As a result, import price reached the peak level of $567 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 South Korea ($622 per unit), while the price for Belgium ($165 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ship Derrick Buckets and Shovels in Kuwait (FOB) - 2022
The average export price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $455 per unit in 2022, picking up by 5.4% against the previous year. In general, the export price saw a strong increase. The growth pace was the most rapid in 2018 an increase of 83% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($1,593 per unit), while the average price for exports to Iran ($59 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 the Netherlands (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ship Derrick Buckets and Shovels in Kuwait
In 2022, approx. 4.6K units of buckets, shovels, grabs and grips for ships derricks and cranes were imported into Kuwait; which is down by -23.6% on the previous year. In general, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 107%. As a result, imports attained the peak of 6K units, and then contracted sharply in the following year.
In value terms, ship derrick buckets and shovels imports declined sharply to $2M in 2022. Overall, imports recorded a perceptible reduction. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $2.6M, and then declined markedly in the following year.
Import of Ship Derrick Buckets and Shovels in Kuwait (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 437 | 478 | 768 | 667 | 15.1% |
United Arab Emirates | 95.1 | 21.0 | 153 | 127 | 10.1% |
South Korea | 174 | 114 | 78.1 | 124 | -10.7% |
Netherlands | 12.6 | 21.6 | 45.1 | 109 | 105.3% |
Ukraine | 17.7 | 80.6 | 113 | 94.3 | 74.7% |
Spain | 1.8 | 33.6 | 92.0 | 91.4 | 270.3% |
Poland | 67.1 | 24.5 | 68.7 | 57.2 | -5.2% |
Belgium | 40.4 | 37.6 | 56.3 | 49.9 | 7.3% |
United Kingdom | 48.0 | 83.7 | 87.8 | 48.5 | 0.3% |
Austria | 52.3 | 36.7 | 38.9 | 32.3 | -14.8% |
Czech Republic | 2.9 | 1.4 | 0.5 | 29.0 | 115.4% |
Japan | 12.5 | 8.3 | 8.1 | 19.3 | 15.6% |
China | 129 | 30.7 | 23.5 | 3.3 | -70.5% |
Others | 1,104 | 428 | 1,028 | 529 | -21.7% |
Total | 2,195 | 1,400 | 2,562 | 1,981 | -3.4% |
Top Suppliers of Ship Derrick Buckets and Shovels to Kuwait in 2022:
- Germany (1438.0 units)
- United Arab Emirates (397.0 units)
- Belgium (303.0 units)
- Netherlands (239.0 units)
- South Korea (200.0 units)
- Spain (175.0 units)
- Poland (167.0 units)
- Ukraine (154.0 units)
- Czech Republic (148.0 units)
- Austria (126.0 units)
- Japan (108.0 units)
- United Kingdom (84.0 units)
- China (12.0 units)
Exports of Ship Derrick Buckets and Shovels in Kuwait
In 2022, overseas shipments of buckets, shovels, grabs and grips for ships derricks and cranes were finally on the rise to reach 179 units after two years of decline. Over the period under review, exports, however, continue to indicate a sharp contraction. Over the period under review, the exports attained the peak figure at 930 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ship derrick buckets and shovels exports soared to $81K in 2022. In general, exports, however, recorded a sharp shrinkage. Over the period under review, the exports attained the maximum at $309K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Ship Derrick Buckets and Shovels in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 168 | 80.8 | 1.3 | 37.0 | -39.6% |
South Korea | 48.4 | 39.6 | 2.9 | 29.2 | -15.5% |
United Arab Emirates | 9.1 | 12.6 | 1.2 | 9.8 | 2.5% |
Oman | 9.1 | 8.6 | N/A | 2.6 | -34.1% |
Bahrain | 6.2 | 3.6 | 0.2 | 1.3 | -40.6% |
Iran | 1.5 | 1.1 | 0.1 | 0.6 | -26.3% |
Saudi Arabia | 0.8 | 0.6 | N/A | 0.2 | -37.0% |
Netherlands | 33.9 | 7.6 | 0.2 | 0.1 | -85.7% |
China | 12.0 | N/A | N/A | N/A | 0% |
India | 17.2 | N/A | N/A | N/A | 0% |
Others | 3.3 | 2.3 | N/A | 0.4 | -50.5% |
Total | 309 | 157 | 5.9 | 81.4 | -35.9% |
Top Export Markets for Ship Derrick Buckets and Shovels from Kuwait in 2022:
- Qatar (110.0 units)
- United Arab Emirates (28.0 units)
- South Korea (18.0 units)
- Iran (11.0 units)
- Bahrain (7.0 units)
- Saudi Arabia (3.0 units)
- Oman (1.0 units)
This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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
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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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This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
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