Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Bahrain - 2022

Contents:

1. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain (CIF) - 2022
2. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain (FOB) - 2022
3. Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain
4. Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain (CIF) - 2022

In 2022, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $3.2 per unit, reducing by -45.6% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 27% against the previous year. The import price peaked at $6.2 per unit in 2016; however, from 2017 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 Japan ($8.5 per unit), while the price for China stood at $1.2 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain (FOB) - 2022

In 2022, the average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $91 per unit, growing by 31% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of 111%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($130 per unit), while the average price for exports to the United Arab Emirates ($13 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+68.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain

Imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into Bahrain expanded modestly to 40K units in 2022, surging by 3.4% against the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +72.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s contracted significantly to $130K in 2022. Over the period under review, imports continue to indicate moderate growth. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $232K, and then declined dramatically in the following year.

Top Suppliers of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) to Bahrain in 2022:

1. China (30.2K units)
2. Japan (9.5K units)
3. Germany (0.4K units)

Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Bahrain

Exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s from Bahrain reduced markedly to 192 units in 2022, which is down by -41.3% against 2021 figures. In general, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports of reached the maximum at 784 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s fell markedly to $18K in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 157%. Over the period under review, the exports of reached the peak figure at $33K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) from Bahrain in 2022:

1. Algeria (110.0 units)
2. Oman (50.0 units)
3. United Arab Emirates (24.0 units)

Source: IndexBox Market Intelligence Platform