Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $24,298 per ton, growing by 4.9% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $39,837 per ton in 2012; however, from 2013 to 2022, 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 France ($64,167 per ton), while the price for China ($3,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $15,365 per ton in 2022, declining by -34.2% against the previous year. Over the period under review, the export price, however, posted a measured expansion. The pace of growth was the most pronounced in 2014 an increase of 112% against the previous year. As a result, the export price attained the peak level of $31,098 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($33,727 per ton), while the average price for exports to Germany ($8,198 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 Australia (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain
In 2022, after three years of growth, there was significant decline in purchases abroad of machines and mechanical appliances; parts, of those having individual functionses, when their volume decreased by -12.9% to 225 tons. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, imports attained the peak of 258 tons, and then contracted in the following year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses contracted to $5.5M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 656 | 667 | 1,059 | 1,406 | 28.9% |
| United States | 810 | 2,136 | 1,397 | 923 | 4.4% |
| Italy | 253 | 594 | 323 | 855 | 50.1% |
| Netherlands | 861 | 128 | 19.9 | 570 | -12.8% |
| China | 278 | 398 | 526 | 219 | -7.6% |
| Canada | 266 | 393 | 131 | 176 | -12.9% |
| India | 211 | 96.3 | 74.8 | 141 | -12.6% |
| France | 280 | 147 | 70.0 | 138 | -21.0% |
| United Kingdom | 91.5 | 242 | 424 | 75.6 | -6.2% |
| United Arab Emirates | 28.6 | 12.3 | 26.7 | 65.5 | 31.8% |
| South Korea | 565 | 70.3 | 35.3 | 50.8 | -55.2% |
| Czech Republic | 41.2 | 132 | 307 | 18.1 | -24.0% |
| Others | 709 | 820 | 1,582 | 821 | 5.0% |
| Total | 5,052 | 5,835 | 5,975 | 5,460 | 2.6% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Bahrain in 2022:
- China (69.9 tons)
- United States (40.4 tons)
- Germany (27.4 tons)
- Netherlands (20.9 tons)
- Italy (15.1 tons)
- India (11.4 tons)
- United Arab Emirates (5.3 tons)
- Canada (3.9 tons)
- France (2.2 tons)
- South Korea (2.2 tons)
- United Kingdom (1.6 tons)
- Czech Republic (0.6 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain
In 2022, approx. 52 tons of machines and mechanical appliances; parts, of those having individual functionses were exported from Bahrain; jumping by 236% on the previous year. Over the period under review, exports enjoyed a tangible expansion.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses surged to $795K in 2022. In general, exports, however, recorded a abrupt shrinkage.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,072 | 1,015 | 103 | 621 | -16.6% |
| Australia | N/A | N/A | N/A | 126 | 0% |
| United Arab Emirates | 1.0 | 9.9 | 8.8 | 11.9 | 128.3% |
| Germany | N/A | 5.1 | 6.3 | 6.7 | 14.6% |
| Canada | N/A | 16.2 | 205 | N/A | 1165.4% |
| Others | 8.0 | 42.4 | 36.2 | 29.9 | 55.2% |
| Total | 1,081 | 1,088 | 360 | 795 | -9.7% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Bahrain in 2022:
- Saudi Arabia (32.8 tons)
- Australia (3.7 tons)
- United Arab Emirates (1.3 tons)
- Germany (0.8 tons)
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