Kuwait - Wheeled Loaders, Crawler Shovel Loaders, Front-End Loaders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheeled Loader Price in Kuwait - 2021
Contents:
- Wheeled Loader Price in Kuwait (CIF) - 2021
- Wheeled Loader Price in Kuwait (FOB) - 2022
- Wheeled Loader Imports in Kuwait
- Wheeled Loader Exports in Kuwait
Wheeled Loader Price in Kuwait (CIF) - 2021
In December 2021, the average wheeled loader import price amounted to $63,136 per unit, jumping by 77% against the previous month. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in June 2021 an increase of 301% m-o-m. The import price peaked at $219K per unit in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($138K per unit), while the price for the Czech Republic ($18,005 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 the UK (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Wheeled Loader Price in Kuwait (FOB) - 2022
In 2022, the average wheeled loader export price amounted to $16,152 per unit, stabilizing at the previous year. Over the period under review, the export price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 58%. Over the period under review, the average export prices hit record highs at $66,081 per unit in 2017; however, from 2018 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 Egypt ($86,803,234 per unit), while the average price for exports to Qatar ($6,723 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 Egypt (+135.7%), while the prices for the other major destinations experienced mixed trend patterns.
Wheeled Loader Imports in Kuwait
In 2022, purchases abroad of wheeled loaders, crawler shovel loaders, front-end loaders was finally on the rise to reach 152 units after two years of decline. Overall, imports, however, showed a significant curtailment. Over the period under review, imports hit record highs at 385 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, wheeled loader imports stood at $9.6M in 2022. In general, imports, however, continue to indicate a precipitous descent. Imports peaked at $24M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Wheeled Loader in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 461 | 68.2 | 305 | 251 | -18.3% |
Others | 23,428 | 10,022 | 8,800 | 9,347 | -26.4% |
Total | 23,889 | 10,090 | 9,106 | 9,598 | -26.2% |
Top Suppliers of Wheeled Loader to Kuwait in 2022:
- Saudi Arabia (151.0 units)
Wheeled Loader Exports in Kuwait
In 2022, the amount of wheeled loaders, crawler shovel loaders, front-end loaders exported from Kuwait dropped rapidly to 136 units, with a decrease of -49.6% compared with the previous year. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 13,400% against the previous year. As a result, the exports reached the peak of 270 units, and then fell markedly in the following year.
In value terms, wheeled loader exports dropped notably to $2.2M in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 9,391% against the previous year. As a result, the exports reached the peak of $4.3M, and then reduced notably in the following year.
Export of Wheeled Loader in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 278 | 13.6 | 1,317 | 846 | 44.9% |
Qatar | 151 | 17.1 | 585 | 414 | 40.0% |
Saudi Arabia | 198 | 3.8 | 380 | 244 | 7.2% |
Egypt | 18.9 | 0.4 | 7.9 | 49.3 | 37.7% |
Lebanon | 9.5 | 0.2 | 10.0 | 5.9 | -14.7% |
Others | 406 | 10.8 | 2,047 | 638 | 16.3% |
Total | 1,062 | 45.8 | 4,347 | 2,197 | 27.4% |
Top Export Markets for Wheeled Loader from Kuwait in 2022:
- Qatar (62.0 units)
- United Arab Emirates (49.0 units)
- Saudi Arabia (25.0 units)
This report provides an in-depth analysis of the wheeled loader 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 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
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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