Kuwait - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRock Cutter Price in Kuwait - 2021
Contents:
- Rock Cutter Price in Kuwait (CIF) - 2022
- Rock Cutter Price in Kuwait (FOB) - 2022
- Rock Cutter Imports in Kuwait
- Rock Cutter Exports in Kuwait
Rock Cutter Price in Kuwait (CIF) - 2022
In 2022, the average rock cutter import price amounted to $46,364 per unit, which is down by -2.3% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 237%. Over the period under review, average import prices hit record highs at $47,441 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($76,345 per unit), while the price for China ($5,310 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 (+79.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Rock Cutter Price in Kuwait (FOB) - 2022
In 2022, the average rock cutter export price amounted to $12,220 per unit, with an increase of 43% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 290% against the previous year. Over the period under review, the average export prices hit record highs at $15,326 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($27,880 per unit), while the average price for exports to Saudi Arabia ($1,501 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 Qatar (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.
Rock Cutter Imports in Kuwait
In 2022, after three years of growth, there was significant decline in supplies from abroad of coal or rock cutters and tunnelling machinery, when their volume decreased by -36% to 160 units. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 178%. As a result, imports attained the peak of 250 units, and then reduced notably in the following year.
In value terms, rock cutter imports declined significantly to $7.4M in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 298% against the previous year. As a result, imports attained the peak of $12M, and then fell significantly in the following year.
Import of Rock Cutter in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 169 | 1,073 | 5,471 | 3,359 | 170.9% |
United Kingdom | 187 | 429 | 242 | 253 | 10.6% |
United Arab Emirates | 91.9 | 156 | 270 | 198 | 29.2% |
Japan | 40.2 | 97.8 | 142 | 87.2 | 29.4% |
Belgium | 20.3 | 34.3 | 59.5 | 43.6 | 29.0% |
China | 28.7 | 67.3 | 74.7 | 31.9 | 3.6% |
South Korea | 24.9 | 34.0 | 47.6 | 29.2 | 5.5% |
Others | 233 | 1,085 | 5,553 | 3,416 | 144.7% |
Total | 795 | 2,976 | 11,860 | 7,418 | 110.5% |
Top Suppliers of Rock Cutter to Kuwait in 2022:
- Germany (44.0 units)
- United Kingdom (38.0 units)
- Japan (14.0 units)
- Belgium (7.0 units)
- China (6.0 units)
- United Arab Emirates (5.0 units)
- South Korea (3.0 units)
Rock Cutter Exports in Kuwait
After three years of growth, shipments abroad of coal or rock cutters and tunnelling machinery decreased by -3% to 96 units in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 128%. The exports peaked at 99 units in 2021, and then fell in the following year.
In value terms, rock cutter exports soared to $1.2M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 169%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Rock Cutter in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 312 | 1,296 | 151 | 712 | 31.7% |
United Arab Emirates | 28.3 | 39.2 | 243 | 147 | 73.2% |
Singapore | 6.7 | 45.2 | 176 | 107 | 151.8% |
Belgium | 20.6 | 28.2 | 109 | 66.2 | 47.6% |
Oman | 37.7 | 42.0 | 96.4 | 58.5 | 15.8% |
Australia | 109 | 11.7 | 20.4 | 55.8 | -20.0% |
Saudi Arabia | 15.6 | 23.8 | 43.2 | 22.5 | 13.0% |
Others | 27.3 | 16.4 | 5.1 | 4.2 | -46.4% |
Total | 558 | 1,502 | 844 | 1,173 | 28.1% |
Top Export Markets for Rock Cutter from Kuwait in 2022:
- Qatar (29.0 units)
- Singapore (21.0 units)
- Saudi Arabia (15.0 units)
- Oman (10.0 units)
- United Arab Emirates (9.0 units)
- Belgium (8.0 units)
- Australia (2.0 units)
This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)
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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