Video Game Console Price in Bahrain - 2022
Contents:
- Video Game Console Price in Bahrain (CIF) - 2022
- Video Game Console Price in Bahrain (FOB) - 2022
- Video Game Console Imports in Bahrain
- Video Game Console Exports in Bahrain
Video Game Console Price in Bahrain (CIF) - 2022
In December 2022, the average video game console import price amounted to $285 per unit, declining by -18.8% against the previous month. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 34% month-to-month. As a result, import price reached the peak level of $425 per unit. From May 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -2.3% per month.
Video Game Console Price in Bahrain (FOB) - 2022
In 2022, the average video game console export price amounted to $374 per unit, increasing by 33% against the previous year. Overall, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 94% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($573 per unit), while the average price for exports to the United Arab Emirates stood at $298 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+54.9%), while the prices for the other major destinations experienced more modest paces of growth.
Video Game Console Imports in Bahrain
After three years of growth, overseas purchases of video game consoles decreased by -6.4% to 31K units in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of 33K units, and then dropped in the following year.
In value terms, video game console imports contracted to $9.4M in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 71%. Over the period under review, imports attained the peak figure at $9.7M in 2021, and then contracted in the following year.
| Import of Video Game Console in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 2.9 | 4.1 | 9.2 | 75.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 1.6 | 2.8 | 5.6 | N/A | 87.1% |
| Others | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Total | 3.4 | 5.9 | 9.7 | 9.4 | 40.4% |
Top Suppliers of Video Game Console to Bahrain in 2022:
- United Arab Emirates (undefinedK units)
- China (29.0K units)
- Taiwan (Chinese) (1.2K units)
Video Game Console Exports in Bahrain
In 2022, approx. 838 units of video game consoles were exported from Bahrain; jumping by 238% against 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, video game console exports skyrocketed to $314K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Video Game Console in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 3.2 | 43.8 | 181 | 652.1% |
| Free Zones | 5.9 | N/A | N/A | 131 | 181.1% |
| United Kingdom | N/A | 25.8 | N/A | N/A | 0% |
| Philippines | N/A | N/A | 4.7 | N/A | 0% |
| Saudi Arabia | 81.5 | 1.2 | N/A | N/A | -98.5% |
| Others | N/A | N/A | 21.1 | 1.3 | -93.8% |
| Total | 87.4 | 30.2 | 69.6 | 314 | 53.2% |
Top Export Markets for Video Game Console from Bahrain in 2022:
- United Arab Emirates (608.0 units)
- Free Zones (229.0 units)
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