Report Update: Apr 1, 2024

Kuwait - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Personal Weighing Machine Price in Kuwait - 2021

Personal Weighing Machine Price in Kuwait (CIF) - 2021

In December 2021, the average personal weighing machine import price amounted to $6.9 per unit, which is down by -5.8% against the previous month. Over the period under review, the import price recorded a abrupt contraction. The growth pace was the most rapid in July 2021 an increase of 94% against the previous month. The import price peaked at $26.2 per unit in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2021 to December 2021, the rate of growth in terms of prices for China amounted to -10.4% per month.

Personal Weighing Machine Price in Kuwait (FOB) - 2022

In 2022, the average personal weighing machine export price amounted to $11 per unit, rising by 6.2% against the previous year. In general, the export price saw a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 105% against the previous year. The export price peaked at $11 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($32 per unit), while the average price for exports to Saudi Arabia ($8 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 (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports in Kuwait

In 2022, after three years of growth, there was decline in purchases abroad of personal weighing machines, when their volume decreased by -4% to 196K units. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, imports reached the peak of 205K units, and then shrank modestly in the following year.

In value terms, personal weighing machine imports shrank slightly to $1.7M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 10%. Imports peaked at $1.8M in 2021, and then dropped modestly in the following year.

Import of Personal Weighing Machine in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	942	1,057	1,268	934	-0.3%
United Arab Emirates	201	372	329	426	28.5%
Germany	35.8	60.5	23.2	141	57.9%
Netherlands	46.5	2.4	34.7	39.3	-5.5%
Hong Kong SAR	117	54.8	27.6	7.5	-60.0%
Others	170	122	142	200	5.6%
Total	1,513	1,669	1,825	1,747	4.9%

Top Suppliers of Personal Weighing Machine to Kuwait in 2022:

China (132.3K units)
United Arab Emirates (49.5K units)
Netherlands (3.6K units)
Germany (3.3K units)
Hong Kong SAR (0.3K units)

Personal Weighing Machine Exports in Kuwait

In 2022, exports of personal weighing machines from Kuwait shrank slightly to 1.6K units, declining by -2.1% on the previous year's figure. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 3.6% against the previous year. Over the period under review, the exports attained the peak figure at 2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, personal weighing machine exports rose slightly to $17K in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Personal Weighing Machine in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	0.9	0.2	9.2	9.5	119.4%
United Kingdom	5.5	10.7	5.1	5.3	-1.2%
Saudi Arabia	8.5	6.5	2.1	2.2	-36.3%
Netherlands	0.4	0.2	0.1	0.1	-37.0%
Others	0.5	0.1	N/A	N/A	-80.0%
Total	15.7	17.8	16.5	17.1	2.9%

Top Export Markets for Personal Weighing Machine from Kuwait in 2022:

United Arab Emirates (896.0 units)
United Kingdom (419.0 units)
Saudi Arabia (279.0 units)
Netherlands (17.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023