Kuwait Vehicles Market 2012-2020 Outlook provides facts, data and forecast on this market with all data by OEM, Brand, Model and segment. From the 2004 up to the 2020 All About within 130 pages and 120 charts.
Historical Market data are reported since 2004 with detail by segments, groups, brands and models from 2012 to year to date 2015. The market is segmented for cars and LCVs. with a dedicated section to the premium brands segment.
Kuwait has posted strong fiscal surpluses since 1998, but that streak may be coming to an end as oil-based export revenues have dwindled. Kuwait will be able to avoid immediate cuts thanks to its sizable fiscal buffer, although progress needs to be made in non-oil sectors to support the economy in the long-term.
Looking ahead, Kuwait will rely on government expenditure in order to foster short-term growth. coming months. Benchmark crude prices have been steadily rising since mid-March and OPEC has suggested that its crowding-out strategy of sustained production during times of low energy prices has helped drive high cost producers out of the market.
Oil production in Kuwait is constrained by aging infrastructure and political indolence, so any increase in prices will provide a welcome revenue improvement for the small Gulf state.
The research starts from the review of the last ten years heritage, we have checked the rule of the automotive industry in the country reporting data on segments, brands and models.
Recent sales data had been reviewed starting from 2004 with a focused analysis on the last three years, up to the year to date 2015. Based on several factors that directly and indirectly influence the market, we have forecast the 2015-2020 market trend with details regarding market volume, segments and brands.
All data are presented in charts and table with an immediate and easy-to-read style that allow you to catch the essential about this market.
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