Electric Rotary Converter Price in Bahrain - 2022

Contents:

  1. Electric Rotary Converter Price in Bahrain (CIF) - 2022
  2. Electric Rotary Converter Price in Bahrain (FOB) - 2022
  3. Electric Rotary Converter Imports in Bahrain
  4. Electric Rotary Converter Exports in Bahrain

Electric Rotary Converter Price in Bahrain (CIF) - 2022

In 2022, the average electric rotary converter import price amounted to $114 per unit, shrinking by -18% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 42%. Over the period under review, average import prices hit record highs at $519 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,937 per unit), while the price for Kuwait ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+99.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Electric Rotary Converter Price in Bahrain (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $319 per unit, remaining stable against the previous year. Over the period under review, the export price recorded a pronounced expansion. The pace of growth was the most pronounced in 2015 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $582 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($682 per unit), while the average price for exports to Switzerland ($95 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 Kuwait (+661.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Rotary Converter Imports in Bahrain

In 2022, approx. 612 units of electric rotary converters were imported into Bahrain; rising by 28% on the previous year's figure. Overall, imports, however, showed a perceptible reduction. Imports peaked at 747 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, electric rotary converter imports reached $70K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. As a result, imports reached the peak of $73K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Electric Rotary Converter in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.415.111.913.818.0%
China2.911.97.97.637.9%
Kuwait3.76.75.36.118.1%
Saudi Arabia6.34.53.03.0-21.9%
South Korea1.72.61.71.70.0%
Others23.832.436.737.616.5%
Total46.973.266.469.814.2%

Top Suppliers of Electric Rotary Converter to Bahrain in 2022:

  1. Kuwait (396.0 units)
  2. India (159.0 units)
  3. South Korea (17.0 units)
  4. Saudi Arabia (16.0 units)
  5. China (14.0 units)

Electric Rotary Converter Exports in Bahrain

In 2022, after two years of decline, there was decline in shipments abroad of electric rotary converters, when their volume decreased by 0% to 6 units. In general, exports faced a abrupt decline. The smallest decline of -40% was in 2020. Over the period under review, the exports hit record highs at 10 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric rotary converter exports amounted to $1.9K in 2022. Overall, exports showed a sharp downturn. The smallest decline of -49.4% was in 2020. Over the period under review, the exports attained the peak figure at $3.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Rotary Converter in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates39597696394133.6%
Saudi Arabia23661363665440.5%
Switzerland7.015.010.023.048.7%
Oman3,018N/AN/AN/A0%
Others13231230729831.2%
Total3,7881,9161,9161,916-20.3%

Top Export Markets for Electric Rotary Converter from Bahrain in 2022:

  1. United Arab Emirates (5.0 units)
  2. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform

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