Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $14,079 per ton, with an increase of 12% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs at $18,540 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Germany ($42,786 per ton), while the price for China ($5,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $5,179 per ton in 2022, increasing by 19% against the previous year. In general, the export price enjoyed a mild expansion. The most prominent rate of growth was recorded in 2015 an increase of 64%. As a result, the export price attained the peak level of $9,648 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($7,906 per ton), while the average price for exports to the United Arab Emirates ($2,828 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Bahrain rose to 114 tons, surging by 3.1% against the previous year's figure. The total import volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $1.6M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 63%. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 265 | 260 | 114 | 310 | 5.4% |
| France | 44.3 | 112 | 31.1 | 213 | 68.8% |
| Japan | 51.7 | 92.8 | 119 | 190 | 54.3% |
| United Kingdom | 163 | 105 | 392 | 180 | 3.4% |
| China | 94.6 | 148 | 59.2 | 139 | 13.7% |
| United States | 235 | 325 | 217 | 137 | -16.5% |
| India | 39.0 | 55.7 | 29.0 | 95.8 | 34.9% |
| Italy | 37.5 | 95.9 | 152 | 77.8 | 27.5% |
| Netherlands | 70.2 | 36.9 | 55.8 | 52.6 | -9.2% |
| South Korea | 66.7 | 24.4 | 2.4 | 23.0 | -29.9% |
| Switzerland | 16.6 | 212 | 7.2 | 3.8 | -38.8% |
| Others | 163 | 561 | 210 | 186 | 4.5% |
| Total | 1,247 | 2,029 | 1,390 | 1,609 | 8.9% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Bahrain in 2022:
- Japan (34.7 tons)
- China (25.5 tons)
- France (13.0 tons)
- United Kingdom (8.7 tons)
- Germany (7.2 tons)
- United States (5.9 tons)
- India (5.6 tons)
- Italy (3.1 tons)
- South Korea (1.9 tons)
- Netherlands (1.1 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain
In 2022, after two years of decline, there was significant growth in overseas shipments of machinery; parts of the machinery of heading no. 8425, when their volume increased by 47% to 64 tons. In general, exports, however, showed a deep reduction.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 surged to $330K in 2022. Overall, exports, however, continue to indicate a deep slump.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 133 | 142 | 122 | 219 | 18.1% |
| Marshall Islands | N/A | N/A | N/A | 63.0 | 0% |
| United Arab Emirates | 29.7 | 62.8 | 62.4 | 6.3 | -40.4% |
| France | 352 | N/A | N/A | N/A | 0% |
| Others | 33.4 | 13.1 | 3.3 | 41.6 | 7.6% |
| Total | 548 | 218 | 188 | 330 | -15.6% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Bahrain in 2022:
- Saudi Arabia (47.0 tons)
- Marshall Islands (8.0 tons)
- United Arab Emirates (2.2 tons)
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