Kuwait - Air Compressors Mounted On A Wheeled Chassis For Towing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTow-Behind Air Compressor Price in Kuwait - 2021
Contents:
- Tow-Behind Air Compressor Price in Kuwait (CIF) - 2022
- Tow-Behind Air Compressor Price in Kuwait (FOB) - 2022
- Tow-Behind Air Compressor Imports in Kuwait
- Tow-Behind Air Compressor Exports in Kuwait
Tow-Behind Air Compressor Price in Kuwait (CIF) - 2022
In 2022, the average tow-behind air compressor import price amounted to $1,155 per unit, surging by 105% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The import price peaked at $2,650 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,096 per unit), while the price for Taiwan (Chinese) ($417 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced a decline.
Tow-Behind Air Compressor Price in Kuwait (FOB) - 2022
In 2022, the average tow-behind air compressor export price amounted to $10,891 per unit, reducing by -8.7% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tow-behind air compressor export price increased by +102.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 122% against the previous year. As a result, the export price reached the peak level of $11,934 per unit, and then dropped in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($24,634 per unit), while the average price for exports to Germany ($89 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 Spain (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tow-Behind Air Compressor Imports in Kuwait
In 2022, overseas purchases of air compressors mounted on a wheeled chassis for towing decreased by -18.3% to 7.3K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%. Over the period under review, imports attained the peak figure at 8.9K units in 2021, and then dropped notably in the following year.
In value terms, tow-behind air compressor imports soared to $8.4M in 2022. In general, imports saw a slight downturn. Imports peaked at $12M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Import of Tow-Behind Air Compressor in Kuwait (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,202 | 1,682 | 809 | 2,097 | -1.6% |
United Arab Emirates | 501 | 1,516 | 454 | 1,094 | 29.7% |
United States | 700 | 624 | 343 | 935 | 10.1% |
France | 3.5 | 226 | 443 | 744 | 496.8% |
South Korea | 790 | 72.4 | 62.7 | 527 | -12.6% |
Japan | 673 | 1,148 | 659 | 501 | -9.4% |
Germany | 1,265 | 3,776 | 337 | 494 | -26.9% |
India | 549 | 388 | 129 | 213 | -27.1% |
Italy | 820 | 468 | 714 | 165 | -41.4% |
Taiwan (Chinese) | 93.4 | 42.4 | 93.3 | 157 | 18.9% |
Russia | N/A | N/A | 13.0 | N/A | 0% |
Philippines | N/A | N/A | 40.4 | N/A | 0% |
Ukraine | N/A | N/A | 13.1 | N/A | 0% |
Others | 1,253 | 1,820 | 881 | 1,451 | 5.0% |
Total | 8,850 | 11,762 | 4,991 | 8,376 | -1.8% |
Top Suppliers of Tow-Behind Air Compressor to Kuwait in 2022:
- United Arab Emirates (1803.0 units)
- United States (1294.0 units)
- Japan (583.0 units)
- China (512.0 units)
- France (474.0 units)
- South Korea (459.0 units)
- Taiwan (Chinese) (376.0 units)
- Germany (351.0 units)
- Italy (324.0 units)
- India (96.0 units)
Tow-Behind Air Compressor Exports in Kuwait
In 2022, approx. 182 units of air compressors mounted on a wheeled chassis for towing were exported from Kuwait; with an increase of 2.8% on 2021 figures. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 125%. As a result, the exports reached the peak of 345 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tow-behind air compressor exports reduced to $2M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $2.1M, and then dropped in the following year.
Export of Tow-Behind Air Compressor in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 366 | 601 | 677 | 740 | 26.4% |
United Arab Emirates | 301 | 870 | 562 | 690 | 31.9% |
Qatar | 34.3 | 156 | 179 | 291 | 104.0% |
Iran | 16.7 | 47.2 | 44.5 | 48.7 | 42.9% |
Oman | 31.5 | 43.0 | 3.1 | 25.6 | -6.7% |
Spain | 0.5 | 2.7 | 4.5 | 20.4 | 244.3% |
Egypt | 20.9 | 0.8 | 5.0 | 3.8 | -43.3% |
Germany | 0.1 | 0.4 | 0.4 | 0.4 | 58.7% |
Uganda | N/A | 10.4 | N/A | N/A | 0% |
Yemen | N/A | 0.8 | N/A | N/A | 0% |
Others | 950 | 120 | 637 | 162 | -44.5% |
Total | 1,721 | 1,852 | 2,112 | 1,982 | 4.8% |
Top Export Markets for Tow-Behind Air Compressor from Kuwait in 2022:
- Saudi Arabia (66.0 units)
- Qatar (30.0 units)
- United Arab Emirates (28.0 units)
- Spain (17.0 units)
- Egypt (10.0 units)
- Iran (6.0 units)
- Germany (5.0 units)
- Oman (4.0 units)
This report provides an in-depth analysis of the tow-behind air compressor 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 28132400 - Air compressors mounted on a wheeled chassis for towing
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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