Report Update Apr 1, 2024

Kuwait - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Direction Finding Compass Market 2024

Direction Finding Compass Market Size in Kuwait

The Kuwaiti direction finding compass market rose markedly to $X in 2022, increasing by X% against the previous year. Overall, consumption posted a significant increase. Direction finding compass consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Direction Finding Compass Production in Kuwait

In value terms, direction finding compass production expanded notably to $X in 2022 estimated in export price. Overall, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Direction finding compass production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Direction Finding Compass Exports

Exports from Kuwait

In 2020, overseas shipments of direction finding compasses decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, direction finding compass exports dropped markedly to $X in 2020. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for direction finding compass exports from Kuwait, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to the Netherlands stood at X%.

In value terms, the Netherlands ($X) emerged as the key foreign market for direction finding compasses exports from Kuwait.

From 2012 to 2020, the average annual growth rate of value to the Netherlands totaled X%.

Export Prices by Country

In 2020, the average direction finding compass export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2020, 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 the Netherlands.

From 2012 to 2020, the rate of growth in terms of prices for South Africa amounted to X% per year.

Direction Finding Compass Imports

Imports into Kuwait

Direction finding compass imports into Kuwait soared to X units in 2022, with an increase of X% against 2021 figures. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, direction finding compass imports skyrocketed to $X in 2022. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of direction finding compass to Kuwait, with a X% share of total imports. Moreover, direction finding compass imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2013 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, France ($X), Taiwan (Chinese) ($X) and China ($X) were the largest direction finding compass suppliers to Kuwait, together comprising X% of total imports.

Among the main suppliers, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average direction finding compass import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for direction finding compasses in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 31% of global consumption. Japan, Pakistan, Russia, Nigeria, Germany, Brazil, Bangladesh, the UK, France and Mexico lagged somewhat behind, together comprising a further 39%.

What are the largest producers of direction finding compasses in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 31% share of global production. Japan, Pakistan, Russia, Nigeria, Germany, Brazil, Bangladesh, the UK, France and Mexico lagged somewhat behind, together comprising a further 39%.

What are the leading suppliers of direction finding compasses to Kuwait?

In value terms, the largest direction finding compass suppliers to Kuwait were France, Taiwan Chinese) and China, with a combined 69% share of total imports.

What are the leading importers of direction finding compasses from Kuwait?

In value terms, the Netherlands emerged as the key foreign market for direction finding compasses exports from Kuwait.

What is the average export price for direction finding compasses in Kuwait?

In 2020, the average direction finding compass export price amounted to $44 per unit, falling by -25.9% against the previous year.

What is the average import price for direction finding compasses in Kuwait?

In 2022, the average direction finding compass import price amounted to $13 per unit, dropping by -42.1% against the previous year.

This report provides an in-depth analysis of the direction finding compass 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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