Price for Floating or Submersible Drilling or Production Platforms in Bahrain - 2022
Contents:
- Price for Floating or Submersible Drilling or Production Platforms in Bahrain (FOB) - 2022
- Price for Floating or Submersible Drilling or Production Platforms in Bahrain (CIF) - 2022
- Exports of Floating or Submersible Drilling or Production Platforms in Bahrain
- Imports of Floating or Submersible Drilling or Production Platforms in Bahrain
Price for Floating or Submersible Drilling or Production Platforms in Bahrain (FOB) - 2022
The average export price for floating or submersible drilling or production platformses stood at $72,899 per unit in 2022, approximately equating the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9,573%. As a result, the export price attained the peak level of $4,053,125 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +118.5% per year.
Price for Floating or Submersible Drilling or Production Platforms in Bahrain (CIF) - 2022
In 2022, the average import price for floating or submersible drilling or production platformses amounted to $18,814 per unit, standing approx. at the previous year. In general, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2015 an increase of 863%. The import price peaked at $246,166 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($62,157 per unit), while the price for the United Arab Emirates ($1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+75.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Floating or Submersible Drilling or Production Platforms in Bahrain
In 2022, shipments abroad of floating or submersible drilling or production platformses decreased by 0% to 1 units, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, the exports attained the peak of 3 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of floating or submersible drilling or production platformses amounted to $73K in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 139% against the previous year. As a result, the exports attained the peak of $299K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Floating or Submersible Drilling or Production Platforms in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 72.9 | 0% |
| United Arab Emirates | 45.8 | 26.2 | N/A | N/A | -42.8% |
| Italy | N/A | 116 | N/A | N/A | 0% |
| Saudi Arabia | 79.2 | 157 | N/A | N/A | 98.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 125 | 299 | N/A | 72.9 | -16.5% |
Top Export Markets for Floating or Submersible Drilling or Production Platforms from Bahrain in 2022:
- Qatar (1.0 units)
Imports of Floating or Submersible Drilling or Production Platforms in Bahrain
For the third year in a row, Bahrain recorded decline in overseas purchases of floating or submersible drilling or production platformses, which decreased by 0% to 8 units in 2022. In general, imports showed a dramatic contraction. The smallest decline of -99.6% was in 2020. Imports peaked at 1.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of floating or submersible drilling or production platformses amounted to $151K in 2022. Overall, imports faced a precipitous setback. The smallest decline of -99.9% was in 2020. Over the period under review, imports of reached the maximum at $311M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Floating or Submersible Drilling or Production Platforms in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 94.0 | 0.1 | N/A | 0.1 | -89.8% |
| China | 138 | 0.1 | N/A | N/A | -99.9% |
| United Kingdom | 0.6 | N/A | N/A | N/A | 0% |
| India | 28.1 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Singapore | 18.9 | N/A | N/A | N/A | 0% |
| Netherlands | 0.1 | N/A | N/A | N/A | 0% |
| United States | 31.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 311 | 0.3 | N/A | 0.2 | -91.4% |
Top Suppliers of Floating or Submersible Drilling or Production Platforms to Bahrain in 2022:
- United States (1.0 units)
- Saudi Arabia (1.0 units)
- Netherlands (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- United Kingdom (1.0 units)
- China (1.0 units)
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