Kuwait: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Kuwait

The Kuwaiti agricultural self-loading trailer market expanded modestly to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a slight slump. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Agricultural Self-Loading Trailer Production in Kuwait

In value terms, agricultural self-loading trailer production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth 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

Agricultural Self-Loading Trailer Exports

Exports from Kuwait

In 2022, overseas shipments of self-loading or self-unloading trailers for agricultural purposes increased by X% to X units, rising for the third year in a row after three years of decline. In general, exports, however, saw a deep slump. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, agricultural self-loading trailer exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) and India (X units) were the main destinations of agricultural self-loading trailer exports from Kuwait. Moreover, agricultural self-loading trailer exports in Saudi Arabia exceeded the figures recorded by the second-largest exporter, India, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%).

In value terms, India ($X) and Saudi Arabia ($X) were the largest markets for agricultural self-loading trailer exported from Kuwait worldwide.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average agricultural self-loading trailer export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Saudi Arabia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Agricultural Self-Loading Trailer Imports

Imports into Kuwait

In 2022, purchases abroad of self-loading or self-unloading trailers for agricultural purposes decreased by X% to X units, falling for the third year in a row after four years of growth. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, agricultural self-loading trailer imports soared to $X in 2022. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X units) and the United States (X units) were the main suppliers of agricultural self-loading trailer imports to Kuwait. Moreover, agricultural self-loading trailer imports in India exceeded the figures recorded by the second-largest supplier, the United States, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%).

In value terms, India ($X) constituted the largest supplier of self-loading or self-unloading trailers for agricultural purposes to Kuwait, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at X%.

Import Prices by Country

The average agricultural self-loading trailer import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price posted pronounced growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($X per unit), while the price for the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :