Kuwait - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kuwait - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Bus Price in Kuwait - 2021

Contents:

  1. Bus Price in Kuwait (CIF) - 2021
  2. Bus Price in Kuwait (FOB) - 2021
  3. Bus Imports in Kuwait
  4. Bus Exports in Kuwait

Bus Price in Kuwait (CIF) - 2021

In December 2021, the average bus import price amounted to $22,371 per unit, falling by -17.7% against the previous month. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in February 2021 an increase of 56% m-o-m. As a result, import price attained the peak level of $41,285 per unit; afterwards, it flattened through to December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($71,722 per unit), while the price for India ($35,483 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 China (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Bus Price in Kuwait (FOB) - 2021

The average bus export price stood at $15,681 per unit in December 2021, jumping by 39% against the previous month. Overall, export price indicated a mild expansion from January 2021 to December 2021: its price increased at an average monthly rate of +1.9% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, bus export price increased by +38.5% against November 2021 indices. The pace of growth was the most pronounced in June 2021 an increase of 44% month-to-month. As a result, the export price attained the peak level of $20,759 per unit; afterwards, it flattened through to December 2021.

Prices varied noticeably by the country of destination: the country with the highest price was Nigeria ($67,882 per unit), while the average price for exports to Oman ($3,518 per unit) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Bus Imports in Kuwait

Bus imports into Kuwait skyrocketed to 1.9K units in 2022, increasing by 53% compared with the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.7% 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 +64.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bus imports surged to $114M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +44.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bus in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan69.560.754.357.7-6.0%
China4.43.08.023.775.3%
United Arab Emirates6.83.75.217.637.3%
India6.03.20.93.7-14.9%
South Korea6.72.02.43.5-19.5%
United States5.71.61.70.3-62.5%
Others5.84.77.37.58.9%
Total10578.879.81142.8%

Top Suppliers of Bus to Kuwait in 2022:

  1. Japan (698.0 units)
  2. China (522.0 units)
  3. United Arab Emirates (431.0 units)
  4. India (106.0 units)
  5. South Korea (47.0 units)
  6. United States (4.0 units)

Bus Exports in Kuwait

Bus exports from Kuwait skyrocketed to 891 units in 2022, with an increase of 18% compared with 2021. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +28.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, bus exports expanded notably to $35M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +27.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Bus in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria1.44.913.914.5118.0%
Iraq7.55.25.56.5-4.7%
QatarN/A3.32.93.0-4.7%
Saudi Arabia2.53.42.82.95.1%
Sudan0.31.31.81.985.0%
United Arab Emirates1.33.01.61.67.2%
Jordan1.72.70.41.5-4.1%
Namibia0.10.20.10.10.0%
Others2.25.53.43.617.8%
Total17.029.532.335.527.8%

Top Export Markets for Bus from Kuwait in 2022:

  1. Saudi Arabia (224.0 units)
  2. Nigeria (156.0 units)
  3. Sudan (129.0 units)
  4. Qatar (128.0 units)
  5. Iraq (94.0 units)
  6. United Arab Emirates (49.0 units)
  7. Jordan (28.0 units)
  8. Namibia (12.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bus 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 29103000 - Motor vehicles for the transport of . .10 persons

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Public-Transport Passenger Motor Vehicles - Kuwait