Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain - 2022

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain
  4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $3,762 per unit in 2022, increasing by 18% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs increased by +82.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices attained the maximum at $3,884 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Italy ($9,999 per unit), while the price for Lebanon ($83 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $544 per unit, jumping by 258% against the previous year. Overall, the export price posted a noticeable increase. The export price peaked at $718 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($2,007 per unit), while the average price for exports to Kuwait ($8 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 the UK (+112.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain

In 2022, purchases abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -20% to 40 units, falling for the second year in a row after two years of growth. In general, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. As a result, imports attained the peak of 61 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs fell to $150K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.3% 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 +96.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 84%. Imports peaked at $160K in 2021, and then shrank in the following year.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.08.318.114.493.1%
IndonesiaN/AN/AN/A11.50%
China26.065.819.410.2-26.8%
Italy6.610.810.710.014.9%
South Korea2.715.51.56.131.2%
Canada5.46.85.35.40.0%
Kuwait0.10.44.24.5255.7%
France0.51.11.54.2103.3%
Germany0.82.437.93.360.4%
Australia0.30.40.30.30.0%
LatviaN/AN/AN/A0.20%
Japan0.30.20.10.2-12.6%
Lebanon0.10.10.10.10.0%
Others31.629.060.780.036.3%
Total76.414116015025.2%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Bahrain in 2022:

  1. India (9.0 units)
  2. China (7.0 units)
  3. Indonesia (2.0 units)
  4. Canada (1.0 units)
  5. Australia (1.0 units)
  6. Italy (1.0 units)
  7. Lebanon (1.0 units)
  8. France (1.0 units)
  9. Latvia (1.0 units)
  10. Germany (1.0 units)
  11. Kuwait (1.0 units)
  12. South Korea (1.0 units)
  13. Japan (1.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain

Exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Bahrain soared to 18 units in 2022, jumping by 125% on the year before. In general, exports, however, showed a slight curtailment. Over the period under review, the exports of hit record highs at 19 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $9.8K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom53.010315.03,057286.4%
GreeceN/AN/AN/A2,0070%
Saudi Arabia1,9633664431,880-1.4%
Pakistan661119325198-33.1%
United Arab Emirates26894.065.0189-11.0%
Kuwait17.05.03.08.0-22.2%
Free Zones1,256N/AN/AN/A0%
FranceN/AN/A134N/A0%
EgyptN/A152N/AN/A0%
OthersN/AN/A2292,447968.6%
Total4,2188391,2149,78632.4%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Bahrain in 2022:

  1. Saudi Arabia (6.0 units)
  2. United Kingdom (6.0 units)
  3. United Arab Emirates (2.0 units)
  4. Pakistan (1.0 units)
  5. Kuwait (1.0 units)
  6. Greece (1.0 units)

Source: IndexBox Market Intelligence Platform

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