Report Update: May 1, 2024

Bahrain - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights

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Spectrometers and Spectrophotometers Price in Bahrain - 2022

Spectrometers and Spectrophotometers Price in Bahrain (CIF) - 2022

The average spectrometers and spectrophotometers import price stood at $2,324 per unit in 2022, shrinking by -6.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 54%. The import price peaked at $4,628 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 UK ($9,169 per unit), while the price for Costa Rica ($161 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectrometers and Spectrophotometers Price in Bahrain (FOB) - 2022

The average spectrometers and spectrophotometers export price stood at $25,628 per unit in 2022, rising by 786% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($167,208 per unit), while the average price for exports to the UK ($1,174 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 Saudi Arabia (+46.6%), while the prices for the other major destinations experienced mixed trend patterns.

Spectrometers and Spectrophotometers Imports in Bahrain

In 2022, the amount of spectrometers and spectrophotometers imported into Bahrain skyrocketed to 507 units, growing by 72% compared with the previous year. Overall, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 166% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, spectrometers and spectrophotometers imports skyrocketed to $1.2M in 2022. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Spectrometers and Spectrophotometers in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	248	32.5	215	589	33.4%
Czech Republic	N/A	18.9	N/A	250	263.7%
United Kingdom	32.1	76.3	62.0	156	69.4%
Japan	46.3	8.0	51.1	73.2	16.5%
Germany	95.3	24.7	152	33.4	-29.5%
Sweden	66.5	19.8	42.6	17.0	-36.5%
Costa Rica	N/A	N/A	1.2	6.6	450.0%
China	323	19.6	13.7	5.2	-74.7%
Canada	263	N/A	N/A	2.5	-78.8%
Switzerland	76.5	7.1	5.9	1.8	-71.3%
Saudi Arabia	N/A	N/A	15.9	1.0	-93.7%
Malaysia	76.6	28.2	N/A	N/A	-63.2%
United Arab Emirates	130	153	57.2	N/A	-33.7%
Others	83.2	126	118	43.7	-19.3%
Total	1,440	514	734	1,179	-6.4%

Top Suppliers of Spectrometers and Spectrophotometers to Bahrain in 2022:

Czech Republic (259.0 units)
United States (82.0 units)
Germany (49.0 units)
Costa Rica (41.0 units)
Japan (29.0 units)
United Kingdom (17.0 units)
Sweden (5.0 units)
China (3.0 units)
Canada (1.0 units)
Saudi Arabia (1.0 units)
Switzerland (1.0 units)

Spectrometers and Spectrophotometers Exports in Bahrain

After three years of growth, shipments abroad of spectrometers and spectrophotometers decreased by -36.4% to 21 units in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 850%. The exports peaked at 33 units in 2021, and then reduced dramatically in the following year.

In value terms, spectrometers and spectrophotometers exports soared to $538K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,190% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Spectrometers and Spectrophotometers in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	N/A	N/A	502	0%
Germany	N/A	N/A	48.3	18.7	-61.3%
United Kingdom	N/A	15.7	8.2	9.4	-22.6%
Qatar	N/A	N/A	N/A	8.5	0%
Sweden	1.1	0.5	0.5	N/A	-32.6%
Oman	N/A	7.8	12.5	N/A	60.3%
Saudi Arabia	0.1	17.3	22.4	N/A	1396.7%
Pakistan	N/A	0.1	N/A	N/A	0%
Others	N/A	N/A	3.5	N/A	0%
Total	1.3	41.3	95.5	538	645.2%

Top Export Markets for Spectrometers and Spectrophotometers from Bahrain in 2022:

Germany (9.0 units)
United Kingdom (8.0 units)
United Arab Emirates (3.0 units)
Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectrometers and spectrophotometers market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26515330 - Spectrometers, spectrophotometers... using optical radiations

Country coverage:

Bahrain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bahrain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023