Price for Electrical Insulators of Any Material in Bahrain - 2022

Contents:

  1. Price for Electrical Insulators of Any Material in Bahrain (CIF) - 2022
  2. Price for Electrical Insulators of Any Material in Bahrain (FOB) - 2022
  3. Imports of Electrical Insulators of Any Material in Bahrain
  4. Exports of Electrical Insulators of Any Material in Bahrain

Price for Electrical Insulators of Any Material in Bahrain (CIF) - 2022

The average import price for electrical insulators of any materials stood at $1 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a modest increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 107%. As a result, import price reached the peak level of $1.8 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2.9 per unit), while the price for China ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Insulators of Any Material in Bahrain (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $1.6 per unit, surging by 246% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3.8 per unit), while the average price for exports to Saudi Arabia totaled $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.5%).

Imports of Electrical Insulators of Any Material in Bahrain

In 2022, approx. 316K units of electrical insulators of any materials were imported into Bahrain; which is down by -6.7% compared with 2021. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports attained the peak figure at 372K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports contracted to $316K in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. Imports peaked at $464K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Insulators of Any Material in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13811557.11390.2%
United States36.630.328.377.728.5%
Italy51.627.629.615.7-32.7%
Germany43.386.91.214.2-31.0%
China21.17.99.710.4-21.0%
France74.02.54.48.8-50.8%
Taiwan (Chinese)3.11.70.14.210.7%
United Arab Emirates55.11191642.0-66.9%
Others41.233.146.244.12.3%
Total464424340316-12.0%

Top Suppliers of Electrical Insulators of Any Material to Bahrain in 2022:

  1. India (210.2K units)
  2. United States (28.8K units)
  3. China (25.1K units)
  4. Italy (14.6K units)
  5. Taiwan (Chinese) (9.4K units)
  6. Germany (5.0K units)
  7. France (2.3K units)
  8. United Arab Emirates (2.2K units)

Exports of Electrical Insulators of Any Material in Bahrain

Electrical insulators of any material exports from Bahrain dropped sharply to 20K units in 2022, which is down by -91.9% against the previous year. In general, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 469%. As a result, the exports attained the peak of 249K units, and then plummeted in the following year.

In value terms, electrical insulators of any material exports dropped rapidly to $33K in 2022. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1,000%. As a result, the exports reached the peak of $117K, and then dropped rapidly in the following year.

Export of Electrical Insulators of Any Material in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A21.90%
Saudi Arabia33.79.91169.8-33.7%
Others8.80.81.60.9-53.2%
Total42.510.711732.6-8.5%

Top Export Markets for Electrical Insulators of Any Material from Bahrain in 2022:

  1. Saudi Arabia (14.2K units)
  2. United Arab Emirates (5.7K units)

Source: IndexBox Market Intelligence Platform

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