Price for Vehicles; Mobile Drilling Derricks in Bahrain - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Bahrain (FOB) - 2022
- Price for Vehicles; Mobile Drilling Derricks in Bahrain (CIF) - 2022
- Exports of Vehicles; Mobile Drilling Derricks in Bahrain
- Imports of Vehicles; Mobile Drilling Derricks in Bahrain
Price for Vehicles; Mobile Drilling Derricks in Bahrain (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $80,815 per unit, with a decrease of -33% against the previous year. Overall, the export price, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2020 an increase of 107% against the previous year. The export price peaked at $127,766 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($203,457 per unit), while the average price for exports to Oman ($41,619 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 (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vehicles; Mobile Drilling Derricks in Bahrain (CIF) - 2022
In 2022, the average vehicles; mobile drilling derricks import price amounted to $409,062 per unit, with an increase of 217% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,146%. The import price peaked at $496,117 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($414,036 per unit), while the price for the United States totaled $404,087 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-10.5%).
Exports of Vehicles; Mobile Drilling Derricks in Bahrain
In 2022, shipments abroad of vehicles; mobile drilling derrickses decreased by -52% to 12 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 257% against the previous year. As a result, the exports attained the peak of 25 units, and then reduced remarkably in the following year.
In value terms, vehicles; mobile drilling derricks exports declined notably to $970K in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 486%. As a result, the exports reached the peak of $3M, and then shrank markedly in the following year.
| Export of Vehicles; Mobile Drilling Derricks in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 142 | 206 | 1,090 | 450 | 46.9% |
| Sudan | N/A | 308 | 1,372 | 203 | -18.8% |
| United Arab Emirates | N/A | N/A | N/A | 165 | 0% |
| Egypt | N/A | N/A | N/A | 110 | 0% |
| Oman | N/A | N/A | N/A | 41.6 | 0% |
| Kuwait | N/A | N/A | 555 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 142 | 515 | 3,017 | 970 | 89.7% |
Top Export Markets for Vehicles; Mobile Drilling Derricks from Bahrain in 2022:
- Saudi Arabia (7.0 units)
- United Arab Emirates (2.0 units)
- Egypt (1.0 units)
- Oman (1.0 units)
- Sudan (1.0 units)
Imports of Vehicles; Mobile Drilling Derricks in Bahrain
In 2022, the amount of vehicles; mobile drilling derrickses imported into Bahrain stood at 2 units, leveling off at the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, vehicles; mobile drilling derricks imports surged to $818K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,392% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Vehicles; Mobile Drilling Derricks in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 414 | 0% |
| United States | N/A | N/A | N/A | 404 | 0% |
| United Arab Emirates | N/A | N/A | 108 | N/A | 0% |
| Oman | 28.8 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 718 | 150 | N/A | -79.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.8 | 718 | 258 | 818 | 205.1% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to Bahrain in 2022:
- United States (1.0 units)
- Germany (1.0 units)
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