Price for Tugs and Pusher Craft in Bahrain - 2022

Contents:

  1. Price for Tugs and Pusher Craft in Bahrain (FOB) - 2022
  2. Price for Tugs and Pusher Craft in Bahrain (CIF) - 2022
  3. Exports of Tugs and Pusher Craft in Bahrain
  4. Imports of Tugs and Pusher Craft in Bahrain

Price for Tugs and Pusher Craft in Bahrain (FOB) - 2022

The average tugs and pusher craft export price stood at $266K per unit in December 2022, approximately mirroring the previous month. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level of $266K per unit, leveling off in the following month.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From November 2022 to December 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per month.

Price for Tugs and Pusher Craft in Bahrain (CIF) - 2022

The average tugs and pusher craft import price stood at $149,819 per unit in 2022, dropping by -95.6% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 5,568%. The import price peaked at $5,456,385 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +69.1% per year.

Exports of Tugs and Pusher Craft in Bahrain

In 2022, overseas shipments of tugs and pusher crafts decreased by -28.6% to 5 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 83% against the previous year. As a result, the exports attained the peak of 11 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tugs and pusher craft exports dropped remarkably to $1.3M in 2022. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 144% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Tugs and Pusher Craft in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.20.61.11.176.5%
India2.7N/AN/A0.3-51.9%
Kuwait1.40.24.3N/A75.3%
United StatesN/A6.8N/AN/A0%
Oman0.51.22.3N/A114.5%
Saudi Arabia1.21.50.3N/A-50.0%
TurkeyN/A1.5N/AN/A0%
OthersN/A2.7N/AN/A0%
Total5.914.58.11.3-39.6%

Top Export Markets for Tugs and Pusher Craft from Bahrain in 2022:

  1. United Arab Emirates (4.0 units)
  2. India (1.0 units)

Imports of Tugs and Pusher Craft in Bahrain

After three years of growth, supplies from abroad of tugs and pusher crafts decreased by -95.7% to 2 units in 2022. Overall, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. As a result, imports reached the peak of 47 units, and then fell notably in the following year.

In value terms, tugs and pusher craft imports contracted rapidly to $300K in 2022. Over the period under review, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18,927%. As a result, imports attained the peak of $160M, and then contracted rapidly in the following year.

Import of Tugs and Pusher Craft in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A0.30%
Cyprus0.40.240.3N/A903.7%
South KoreaN/AN/A0.3N/A0%
China0.1N/A7.1N/A742.6%
QatarN/AN/A3.7N/A0%
IndiaN/AN/A2.9N/A0%
Panama0.1N/A4.1N/A540.3%
Saudi Arabia0.30.369.8N/A1425.3%
Others0.30.231.5N/A924.7%
Total1.40.81600.3-40.2%

Top Suppliers of Tugs and Pusher Craft to Bahrain in 2022:

  1. Poland (2.0 units)

Source: IndexBox Market Intelligence Platform

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