Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $380 per unit in 2022, with a decrease of -4.5% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 69%. As a result, import price attained the peak level of $1,715 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 the United States ($5,472 per unit), while the price for Kuwait ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $559 per unit, shrinking by -21% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 45% against the previous year. Over the period under review, the average export prices attained the peak figure at $768 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($735 per unit), while the average price for exports to Oman ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+15.4%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain

For the third year in a row, Bahrain recorded decline in overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, which decreased by -80.5% to 87 units in 2022. In general, imports saw a dramatic shrinkage. The smallest decline of -5.8% was in 2020. Imports peaked at 966 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted markedly to $33K in 2022. Over the period under review, imports saw a significant curtailment. The smallest decline of -36.2% was in 2020. Imports peaked at $643K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Bahrain in 2022:

1. Kuwait (69.0 units)
2. China (5.0 units)
3. Spain (4.0 units)
4. South Korea (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Bahrain

In 2022, approx. 19 units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were exported from Bahrain; which is down by -9.5% on the previous year's figure. In general, exports showed a abrupt contraction. Over the period under review, the exports of reached the peak figure at 30 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses shrank dramatically to $11K in 2022. Overall, exports recorded a significant contraction. The smallest decline of -15.5% was in 2021. The exports peaked at $21K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Bahrain in 2022:

1. Kuwait (10.0 units)
2. Saudi Arabia (5.0 units)
3. United Arab Emirates (3.0 units)
4. Oman (1.0 units)

Source: IndexBox Market Intelligence Platform