Price for Clothing; Parts, Knitted or Crocheted in Bahrain - 2022

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Bahrain (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Bahrain (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Bahrain
4. Exports of Clothing; Parts, Knitted or Crocheted in Bahrain

Price for Clothing; Parts, Knitted or Crocheted in Bahrain (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $4,571 per ton in 2022, which is down by -59.3% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 79% against the previous year. As a result, import price attained the peak level of $19,900 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,270 per ton), while the price for Pakistan ($3,475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Bahrain (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $56,750 per ton, declining by -3.8% against the previous year. Overall, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 257%. Over the period under review, the average export prices hit record highs at $59,000 per ton in 2021, and then reduced in the following year.

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 the United Arab Emirates ($112,500 per ton), while the average price for exports to Singapore ($1,000 per ton) 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 (+22.3%), while the prices for the other major destinations experienced a decline.

Imports of Clothing; Parts, Knitted or Crocheted in Bahrain

In 2022, approx. 2.2 tons of clothing; parts, knitted or crocheted were imported into Bahrain; with an increase of 28% against 2021 figures. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 80%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, clothing; parts, knitted or crocheted imports declined markedly to $10K in 2022. Over the period under review, imports posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 96% against the previous year. As a result, imports reached the peak of $19K, and then contracted dramatically in the following year.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Bahrain in 2022:

1. China (2007.0 kg)
2. Pakistan (61.0 kg)
3. France (42.0 kg)
4. India (37.0 kg)

Exports of Clothing; Parts, Knitted or Crocheted in Bahrain

In 2022, the amount of clothing; parts, knitted or crocheted exported from Bahrain dropped markedly to 12 kg, which is down by -47.8% on 2021 figures. Over the period under review, exports recorded a sharp decline.

In value terms, clothing; parts, knitted or crocheted exports reduced rapidly to $681 in 2022. In general, exports saw a sharp contraction.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Bahrain in 2022:

1. United Arab Emirates (6.0 kg)
2. Pakistan (1.0 kg)
3. Saudi Arabia (1.0 kg)
4. Netherlands (1.0 kg)
5. Singapore (1.0 kg)
6. Kuwait (1.0 kg)

Source: IndexBox Market Intelligence Platform