Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $108 per unit in 2022, declining by -53.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 473% against the previous year. As a result, import price attained the peak level of $342 per unit. From 2021 to 2022, the average 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 Italy ($1,018 per unit), while the price for India ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+34.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $140 per unit in 2022, shrinking by -80.9% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 243%. Over the period under review, the average export prices reached the maximum at $1,540 per unit in 2019; however, from 2020 to 2022, the 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 Saudi Arabia amounted to +13.1% per year.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into Bahrain fell rapidly to 1.1K units, which is down by -36.3% against 2021 figures. Over the period under review, imports faced a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Imports peaked at 4.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted markedly to $115K in 2022. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 90%. As a result, imports attained the peak of $516K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13818.030.716.1-51.1%
India36.43.46.014.2-26.9%
JapanN/AN/AN/A7.80%
Spain11.02.30.67.7-11.2%
Germany6.20.91.27.14.6%
EgyptN/A0.4N/A3.9212.2%
United States8.930.710.53.9-24.0%
Others71.646134154.7-8.6%
Total272516390115-24.9%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Bahrain in 2022:

  1. India (400.0 units)
  2. China (395.0 units)
  3. Spain (66.0 units)
  4. Germany (40.0 units)
  5. United States (39.0 units)
  6. Egypt (25.0 units)
  7. Japan (23.0 units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain

In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses exported from Bahrain shrank rapidly to 161 units, which is down by -73.4% compared with 2021. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 1,855% against the previous year. As a result, the exports reached the peak of 606 units, and then shrank notably in the following year.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced sharply to $22K in 2022. Over the period under review, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 930% against the previous year. As a result, the exports attained the peak of $443K, and then declined dramatically in the following year.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A22.10%
Saudi Arabia38243.0443N/A7.7%
Others0.1N/A0.10.344.2%
Total38243.044322.5-61.1%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Bahrain in 2022:

  1. United Arab Emirates (156.0 units)

Source: IndexBox Market Intelligence Platform

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