Price for Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $21,198 per ton in 2022, picking up by 9.4% against the previous year. Overall, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 49% against the previous year. The import price peaked at $25,821 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Japan ($68,242 per ton), while the price for Sri Lanka ($4,389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8427 stood at $5,359 per ton in 2022, waning by -12.7% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by 57% against the previous year. As a result, the export price reached the peak level of $27,268 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($7,502 per ton), while the average price for exports to Morocco ($1,488 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 the United Arab Emirates (-4.8%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain
In 2022, supplies from abroad of machinery; parts of the machinery of heading no. 8427 decreased by -11.5% to 57 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2020 when imports increased by 3.8%. As a result, imports attained the peak of 65 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 fell to $1.2M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $1.3M, and then reduced modestly in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.2 | 88.5 | 151 | 203 | 43.2% |
| Japan | 129 | 142 | 209 | 197 | 15.2% |
| Sweden | 129 | 128 | 123 | 164 | 8.3% |
| United States | 63.9 | 70.8 | 40.3 | 136 | 28.6% |
| Germany | 105 | 118 | 133 | 106 | 0.3% |
| United Kingdom | 42.7 | 72.8 | 79.8 | 75.9 | 21.1% |
| South Korea | 11.6 | 6.4 | 12.3 | 52.2 | 65.1% |
| Belgium | 10.6 | 13.1 | 14.6 | 31.5 | 43.8% |
| Italy | 39.9 | 39.0 | 106 | 29.1 | -10.0% |
| France | 28.3 | 11.8 | 26.9 | 25.0 | -4.0% |
| India | 110 | 1.8 | 1.8 | 24.3 | -39.5% |
| Taiwan (Chinese) | 7.9 | 4.5 | 4.9 | 13.2 | 18.7% |
| Sri Lanka | 1.9 | 2.4 | 5.6 | 7.1 | 55.2% |
| Others | 437 | 420 | 348 | 152 | -29.7% |
| Total | 1,185 | 1,120 | 1,256 | 1,217 | 0.9% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Bahrain in 2022:
- China (19.8 tons)
- United States (5.6 tons)
- Germany (4.3 tons)
- South Korea (4.0 tons)
- Sweden (3.4 tons)
- India (3.1 tons)
- Japan (2.9 tons)
- France (2.5 tons)
- United Kingdom (2.4 tons)
- Italy (1.8 tons)
- Taiwan (Chinese) (1.7 tons)
- Sri Lanka (1.6 tons)
- Belgium (0.9 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain
In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Bahrain shrank markedly to 12 tons, falling by -93.3% on the year before. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 2,077% against the previous year. As a result, the exports attained the peak of 177 tons, and then shrank significantly in the following year.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 contracted significantly to $63K in 2022. In general, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 2,789%. As a result, the exports attained the peak of $1.1M, and then declined dramatically in the following year.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | N/A | N/A | 30.5 | 573.1% |
| Saudi Arabia | 151 | 13.5 | 12.1 | 27.0 | -43.7% |
| Morocco | N/A | N/A | N/A | 6.0 | 0% |
| Vietnam | N/A | N/A | 372 | N/A | 0% |
| Syrian Arab Republic | N/A | N/A | 438 | N/A | 0% |
| Cambodia | N/A | N/A | 161 | N/A | 0% |
| Others | 49.5 | 24.2 | 104 | N/A | 44.9% |
| Total | 201 | 37.6 | 1,088 | 63.5 | -31.9% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Bahrain in 2022:
- United Arab Emirates (4.2 tons)
- Morocco (4.0 tons)
- Saudi Arabia (3.6 tons)
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