Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (FOB) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (CIF) - 2022
  3. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain
  4. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $247,549 per unit, rising by 102% against the previous year. Overall, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 12,837%. As a result, the export price reached the peak level of $258,750 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($314,474 per unit), while the average price for exports to the United Arab Emirates totaled $225,241 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+34.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $8,422 per unit in 2022, dropping by -97.4% against the previous year. Overall, the import price recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 335% against the previous year. Over the period under review, average import prices attained the peak figure at $1,303,104 per unit in 2012; however, from 2013 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +208.9% per year.

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain

For the fourth year in a row, Bahrain recorded growth in overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 100% to 4 units in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $990K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates97.115723167690.9%
CanadaN/AN/AN/A3140%
United KingdomN/AN/A14.0N/A0%
OthersN/AN/AN/AN/A0%
Total97.1157245990116.8%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Bahrain in 2022:

  1. United Arab Emirates (3.0 units)
  2. Canada (1.0 units)

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain

In 2022, after two years of decline, there was significant decline in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, when their volume decreased by -80% to 1 units. In general, imports saw a dramatic decline. The smallest decline of -16.7% was in 2020. Over the period under review, imports of reached the peak figure at 6 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs fell remarkably to $8.4K in 2022. Overall, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 262%. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A8.40%
Germany1.14.51.9N/A31.4%
United Kingdom59.1444518N/A196.1%
France79.2400199N/A58.5%
Singapore249N/AN/AN/A0%
United States3391,731564N/A29.0%
Canada220853309N/A18.5%
OthersN/AN/AN/AN/A0%
Total9473,4321,5928.4-79.3%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Bahrain in 2022:

  1. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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