Kuwait - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus for A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKuwait: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024
Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in Kuwait
The Kuwaiti electrical board and console market reduced markedly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a abrupt decrease. Electrical board and console consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.
Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in Kuwait
In value terms, electrical board and console production declined rapidly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V
Exports from Kuwait
In 2022, electrical board and console exports from Kuwait skyrocketed to X units, increasing by X% on the previous year. In general, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical board and console exports soared to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
Qatar (X units) was the main destination for electrical board and console exports from Kuwait, with a X% share of total exports. Moreover, electrical board and console exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X units), more than tenfold.
From 2013 to 2022, the average annual growth rate of volume to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).
In value terms, Qatar ($X) remains the key foreign market for boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v exports from Kuwait, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.
From 2013 to 2022, the average annual growth rate of value to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).
Export Prices by Country
The average electrical board and console export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price showed resilient growth. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V
Imports into Kuwait
In 2022, imports of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v into Kuwait skyrocketed to X units, rising by X% compared with the previous year. In general, imports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical board and console imports soared to $X in 2022. Overall, imports, however, recorded a deep setback. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, India (X units) constituted the largest supplier of electrical board and console to Kuwait, accounting for a X% share of total imports. Moreover, electrical board and console imports from India exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.
From 2013 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Czech Republic (X% per year).
In value terms, the largest electrical board and console suppliers to Kuwait were the United States ($X), India ($X) and the Czech Republic ($X), with a combined X% share of total imports. South Korea, Saudi Arabia, Germany, the UK, China, Turkey, Malaysia and Hungary lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average electrical board and console import price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, saw a perceptible slump. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for India ($X per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
- Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV
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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