Kuwait Car Market 2012-2015 Insights research provides facts, data and forecast on this market with all data by OEM, Brand, Model and segment. From the 2004 up to the 2015 All About within 80 pages and 120 charts.
Historical Market data are reported since 2004 with detail by segments, groups, brands and models from 2012 to full year 2015. The market is segmented for cars and LCVs. with a dedicated section to the premium brands segment.
For centuries Kuwait City has been like a magnet attracting Bedouin people from the interior, in search of a sea breeze and escape from recurring drought. Today the metropolis is still an oasis in a land of desert plains, but rather more of the cultural and culinary kind.
Kuwait has a geographically small, but wealthy, relatively open economy with crude oil reserves of about 102 billion barrels – more than 6% of world reserves. Kuwaiti officials plan to increase oil production to 4 million barrels per day by 2020.
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.
Looking ahead, Kuwait will rely on government expenditure in order to foster short-term growth. Improving the efficacy of the legislative process and expediting the approval of large-scale spending projects is crucial for prolonged growth.
Kuwait Car Market 2012-2015 Insights research starts from the review of the last ten years heritage in which section 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 2012-2015 data, reported for cars and LCVs.
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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