Multiple Loudspeakers Price in Bahrain - 2022

Contents:

  1. Multiple Loudspeakers Price in Bahrain (CIF) - 2022
  2. Multiple Loudspeakers Price in Bahrain (FOB) - 2022
  3. Multiple Loudspeakers Imports in Bahrain
  4. Multiple Loudspeakers Exports in Bahrain

Multiple Loudspeakers Price in Bahrain (CIF) - 2022

The average multiple loudspeakers import price stood at $81 per unit in 2022, dropping by -20.2% against the previous year. In general, the import price, however, saw a slight increase. The pace of growth appeared the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $141 per unit in 2019; however, from 2020 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 Indonesia ($94 per unit), while the price for China totaled $57 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Multiple Loudspeakers Price in Bahrain (FOB) - 2022

The average multiple loudspeakers export price stood at $204 per unit in 2022, increasing by 189% against the previous year. In general, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($323 per unit), while the average price for exports to Saudi Arabia ($58 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 the United Arab Emirates (+20.3%).

Multiple Loudspeakers Imports in Bahrain

In 2022, imports of multiple loudspeakers (in enclosure) into Bahrain soared to 36K units, growing by 66% against 2021. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports surged to $2.9M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Multiple Loudspeakers in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6098887211,77542.8%
Indonesia71.877.580.716933.0%
Vietnam30.914.872.740.39.3%
United Arab Emirates1,3611,1451,019N/A-13.5%
Others60551732295116.3%
Total2,6772,6432,2162,9353.1%

Top Suppliers of Multiple Loudspeakers to Bahrain in 2022:

  1. China (31.2K units)
  2. Indonesia (1.8K units)
  3. Vietnam (0.5K units)

Multiple Loudspeakers Exports in Bahrain

In 2022, shipments abroad of multiple loudspeakers (in enclosure) decreased by -82.7% to 263 units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 195%. As a result, the exports reached the peak of 4.5K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, multiple loudspeakers exports shrank dramatically to $54K in 2022. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 176% against the previous year. As a result, the exports attained the peak of $327K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Multiple Loudspeakers in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A18.90%
BangladeshN/AN/AN/A18.70%
United Arab EmiratesN/AN/A2.310.2343.5%
Saudi Arabia11832777.53.2-70.0%
EgyptN/AN/AN/A2.60%
Others0.5N/A27.4N/A640.3%
Total11832710753.7-23.1%

Top Export Markets for Multiple Loudspeakers from Bahrain in 2022:

  1. Iraq (86.0 units)
  2. Bangladesh (58.0 units)
  3. Saudi Arabia (56.0 units)
  4. United Arab Emirates (53.0 units)
  5. Egypt (10.0 units)

Source: IndexBox Market Intelligence Platform

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