Kuwait - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Kuwait - 2021
Contents:
- Price for Electric Oven and Cooker in Kuwait (CIF) - 2022
- Price for Electric Oven and Cooker in Kuwait (FOB) - 2022
- Imports of Electric Oven and Cooker in Kuwait
- Exports of Electric Oven and Cooker in Kuwait
Price for Electric Oven and Cooker in Kuwait (CIF) - 2022
The average electric oven and cooker import price stood at $162 per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the peak figure at $164 per unit in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($489 per unit), while the price for China ($102 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Oven and Cooker in Kuwait (FOB) - 2022
In 2022, the average electric oven and cooker export price amounted to $37 per unit, approximately equating the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 39%. As a result, the export price reached the peak level of $92 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($69 per unit), while the average price for exports to Nepal ($11 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 Qatar (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Oven and Cooker in Kuwait
In 2022, electric oven and cooker imports into Kuwait contracted to 143K units, shrinking by -14.6% compared with 2021 figures. Overall, imports saw a mild downturn. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of 168K units, and then shrank in the following year.
In value terms, electric oven and cooker imports plummeted to $23M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $27M, and then shrank markedly in the following year.
Import of Electric Oven and Cooker in Kuwait (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.4 | 9.5 | 10.9 | 10.7 | 18.7% |
United Arab Emirates | 5.2 | 5.8 | 6.2 | 5.3 | 0.6% |
Italy | 1.5 | 1.1 | 3.0 | 2.1 | 11.9% |
Turkey | 1.1 | 1.1 | 1.6 | 1.1 | 0.0% |
Greece | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
Others | 2.0 | 1.3 | 5.4 | 3.7 | 22.8% |
Total | 16.3 | 18.9 | 27.5 | 23.2 | 12.5% |
Top Suppliers of Electric Oven and Cooker to Kuwait in 2022:
- China (104.9K units)
- United Arab Emirates (18.2K units)
- Italy (4.3K units)
- Turkey (3.9K units)
- Greece (2.9K units)
Exports of Electric Oven and Cooker in Kuwait
In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -11.1% to 11K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41%. Over the period under review, the exports hit record highs at 13K units in 2021, and then dropped in the following year.
In value terms, electric oven and cooker exports reduced to $411K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. The exports peaked at $466K in 2021, and then dropped in the following year.
Export of Electric Oven and Cooker in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 170 | 309 | 411 | 364 | 28.9% |
Qatar | 13.9 | 19.0 | 28.7 | 25.4 | 22.3% |
Nepal | 0.1 | 0.4 | 5.7 | 4.2 | 247.6% |
Others | 62.5 | 28.1 | 20.8 | 18.0 | -34.0% |
Total | 247 | 356 | 466 | 411 | 18.5% |
Top Export Markets for Electric Oven and Cooker from Kuwait in 2022:
- Saudi Arabia (10.2K units)
- Qatar (0.5K units)
- Nepal (0.4K units)
This report provides an in-depth analysis of the market for electric oven and cooker 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 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
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
-
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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In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
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