Dredgers Price in Kuwait - 2022

Contents:

1. Dredgers Price in Kuwait (CIF) - 2022
2. Dredgers Price in Kuwait (FOB) - 2022
3. Dredgers Imports in Kuwait
4. Dredgers Exports in Kuwait

Dredgers Price in Kuwait (CIF) - 2022

In 2021, the average dredgers import price amounted to $56,561 per unit, growing by 2.1% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,812,600%. The import price peaked at $414,692 per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($152,682 per unit), while the price for the United Arab Emirates ($1,114 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.3%), while the prices for the other major suppliers experienced a decline.

Dredgers Price in Kuwait (FOB) - 2022

The average dredgers export price stood at $976,247 per unit in 2022, falling by -2.8% against the previous year. In general, the export price, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2016 an increase of 275% against the previous year. The export price peaked at $1,268,424 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.0% per year.

Dredgers Imports in Kuwait

In 2022, the amount of dredgerses imported into Kuwait contracted remarkably to less than 0.1 units, with a decrease of 99.9% compared with the previous year's figure. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports attained the peak of 6 units, and then dropped sharply in the following year.

In value terms, dredgers imports surged to $796K in 2022. Overall, imports, however, posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Dredgers to Kuwait in 2022:

1. Netherlands (2.0 units)
2. United Kingdom (1.0 units)
3. United Arab Emirates (1.0 units)
4. Saudi Arabia (1.0 units)
5. China (1.0 units)

Dredgers Exports in Kuwait

In 2022, the amount of dredgerses exported from Kuwait amounted to 245 units, therefore, remained relatively stable against the year before. In general, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dredgers exports reduced modestly to $239M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year. As a result, the exports attained the peak of $246M, and then reduced in the following year.

Top Export Markets for Dredgers from Kuwait in 2022:

1. United Arab Emirates (245.0 units)

Source: IndexBox Market Intelligence Platform