Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain - 2022

Contents:

1. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain (CIF) - 2022
2. Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain (FOB) - 2022
3. Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain
4. Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain (CIF) - 2022

In 2022, the average import price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $5,927 per ton, surging by 19% against the previous year. Overall, the import price showed perceptible growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 79%. The import price peaked at $11,022 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($13,357 per ton), while the price for India ($2,820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain (FOB) - 2022

In 2022, the average export price for cycles; parts, pedals and crank-gear, and parts thereoves amounted to $35,400 per ton, waning by -17.7% against the previous year. Overall, the export price, however, recorded significant growth. The growth pace was the most rapid in 2018 when the average export price increased by 6,775%. As a result, the export price attained the peak level of $88,000 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +215.0% per year.

Imports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain

After three years of growth, overseas purchases of cycles; parts, pedals and crank-gear, and parts thereoves decreased by -31.3% to 6.8 tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of 9.9 tons, and then fell sharply in the following year.

In value terms, imports of cycles; parts, pedals and crank-gear, and parts thereoves declined markedly to $40K in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 60%.

Top Suppliers of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof to Bahrain in 2022:

1. China (5.7 tons)
2. India (0.5 tons)
3. Taiwan (Chinese) (0.2 tons)
4. United States (0.2 tons)

Exports of Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof in Bahrain

Exports of cycles; parts, pedals and crank-gear, and parts thereoves from Bahrain soared to 10 kg in 2022, increasing by 900% on the previous year's figure. Overall, exports, however, saw a sharp descent.

In value terms, exports of cycles; parts, pedals and crank-gear, and parts thereoves soared to $354 in 2022. In general, exports, however, recorded a precipitous contraction.

Top Export Markets for Cycles; Parts, Pedals and Crank-Gear, and Parts Thereof from Bahrain in 2022:

1. United Arab Emirates (10.0 kg)

Source: IndexBox Market Intelligence Platform