Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait - 2022

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $13,721 per ton, remaining relatively unchanged against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 68%. As a result, import price attained the peak level of $27,737 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($73,731 per ton), while the price for India ($3,926 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $634 per ton, dropping by -78.4% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2016 an increase of 2,607%. As a result, the export price reached the peak level of $22,526 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.2% per year.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait

In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery; parts of machinery for making or finishing paper or paperboard, when their volume increased by 120% to 60 tons. Overall, imports, however, recorded a precipitous contraction.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard surged to $825K in 2022. Over the period under review, imports, however, showed a precipitous slump.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy55645.999.7209-27.8%
Spain28.4N/A0.315074.2%
China44453.1101101-39.0%
India44.118.647.697.430.2%
Sweden8.4N/AN/A91.7121.8%
United Kingdom58712.1N/A78.5-48.9%
South Korea3,9743932.3N/A-97.6%
Others88113412996.8-52.1%
Total6,522656379825-49.8%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Kuwait in 2022:

  1. India (24.8 tons)
  2. Italy (13.8 tons)
  3. Spain (9.5 tons)
  4. China (6.3 tons)
  5. United Kingdom (2.0 tons)
  6. Sweden (1.2 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait

In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Kuwait soared to 17 tons, increasing by 380% on 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard expanded to $11K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,887% against the previous year. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A10.80%
Oman0.5N/AN/AN/A0%
IndiaN/AN/A10.4N/A0%
United Arab EmiratesN/A1.3N/AN/A0%
ItalyN/A13.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.515.210.410.8178.5%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Kuwait in 2022:

  1. China (17.1 tons)

Source: IndexBox Market Intelligence Platform

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