Kuwait - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Bakery Machinery Price in Kuwait - 2021
Contents:
- Industrial Bakery Machinery Price in Kuwait (CIF) - 2021
- Industrial Bakery Machinery Price in Kuwait (FOB) - 2022
- Industrial Bakery Machinery Imports in Kuwait
- Industrial Bakery Machinery Exports in Kuwait
Industrial Bakery Machinery Price in Kuwait (CIF) - 2021
In December 2021, the average industrial bakery machinery import price amounted to $10,910 per unit, reducing by -57.6% against the previous month. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in June 2021 when the average import price increased by 260% month-to-month. Over the period under review, average import prices attained the peak figure at $35,350 per unit in February 2021; afterwards, it flattened through to December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the Netherlands ($59,883 per unit), while the price for Turkey ($1,904 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Greece (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Bakery Machinery Price in Kuwait (FOB) - 2022
In 2022, the average industrial bakery machinery export price amounted to $2,827 per unit, dropping by -25.8% against the previous year. Overall, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2021 when the average export price increased by 55%. As a result, the export price attained the peak level of $3,810 per unit, and then declined markedly in the following year.
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 Bahrain ($30,880 per unit), while the average price for exports to Iran ($491 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 Bahrain (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Bakery Machinery Imports in Kuwait
In 2022, supplies from abroad of industrial bakery machinery decreased by -21.7% to 5.5K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 148%. As a result, imports reached the peak of 7K units, and then reduced markedly in the following year.
In value terms, industrial bakery machinery imports fell markedly to $14M in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 163% against the previous year. Over the period under review, imports hit record highs at $18M in 2021, and then dropped markedly in the following year.
| Import of Industrial Bakery Machinery in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 101 | 1,035 | 2,188 | 2,727 | 200.0% |
| Germany | 926 | 4,858 | 9,357 | 2,726 | 43.3% |
| Italy | 672 | 856 | 1,783 | 2,021 | 44.3% |
| China | 188 | 121 | 443 | 925 | 70.1% |
| United States | 256 | 260 | 387 | 876 | 50.7% |
| Turkey | 145 | 137 | 1,531 | 733 | 71.6% |
| Egypt | 23.9 | 130 | 252 | 375 | 150.3% |
| Taiwan (Chinese) | 57.9 | 136 | 37.5 | 366 | 84.9% |
| United Arab Emirates | 163 | 291 | 176 | 348 | 28.8% |
| France | 129 | 150 | 226 | 265 | 27.1% |
| India | 33.3 | 45.5 | 30.6 | 122 | 54.2% |
| Jordan | 2.1 | 3.9 | 33.8 | 78.3 | 234.1% |
| Others | 1,084 | 1,922 | 1,721 | 2,495 | 32.0% |
| Total | 3,780 | 9,944 | 18,166 | 14,055 | 54.9% |
Top Suppliers of Industrial Bakery Machinery to Kuwait in 2022:
- Lebanon (953.0 units)
- Turkey (855.0 units)
- Italy (773.0 units)
- Germany (637.0 units)
- China (630.0 units)
- Egypt (310.0 units)
- United States (189.0 units)
- Taiwan (Chinese) (170.0 units)
- India (170.0 units)
- Jordan (112.0 units)
- United Arab Emirates (94.0 units)
- France (87.0 units)
Industrial Bakery Machinery Exports in Kuwait
In 2022, after two years of decline, there was significant growth in overseas shipments of industrial bakery machinery, when their volume increased by 122% to 20 units. Overall, exports, however, recorded a sharp shrinkage. The exports peaked at 61 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, industrial bakery machinery exports skyrocketed to $57K in 2022. In general, exports, however, saw a precipitous curtailment. The exports peaked at $119K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Industrial Bakery Machinery in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 70.2 | 43.1 | 17.9 | 33.0 | -22.2% |
| Bahrain | 32.3 | 20.6 | 8.8 | 17.0 | -19.3% |
| Qatar | 4.5 | 3.3 | 1.6 | 2.8 | -14.6% |
| Iran | 3.2 | 2.2 | 1.1 | 2.2 | -11.7% |
| Australia | 3.4 | N/A | N/A | N/A | 0% |
| Others | 5.7 | 9.5 | 5.1 | 1.6 | -34.5% |
| Total | 119 | 78.9 | 34.4 | 56.7 | -21.9% |
Top Export Markets for Industrial Bakery Machinery from Kuwait in 2022:
- Turkey (13.0 units)
- Iran (5.0 units)
- Bahrain (1.0 units)
- Qatar (1.0 units)
This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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.
-
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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