Bahrain: Memories Market 2024

Memories Market Size in Bahrain

The Bahraini memories market was estimated at $X in 2023, almost unchanged from the previous year. Over the period under review, consumption, however, continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Memories Production in Bahrain

In value terms, memories production stood at $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X%. Memories production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Memories Exports

Exports from Bahrain

Memories exports from Bahrain skyrocketed to X units in 2023, increasing by X% on the previous year. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, memories exports dropped modestly to $X in 2023. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for memories exports from Bahrain, with a X% share of total exports. Moreover, memories exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X units), eightfold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) emerged as the key foreign market for multichip integrated circuits: memories exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average memories export price stood at $X per unit in 2023, shrinking by X% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Memories Imports

Imports into Bahrain

In 2023, approx. X units of multichip integrated circuits: memories were imported into Bahrain; waning by X% on 2022. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, memories imports fell to $X in 2023. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), the United Arab Emirates (X units) and Hong Kong SAR (X units) were the main suppliers of memories imports to Bahrain, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X) appeared to be the largest memories suppliers to Bahrain, with a combined X% share of total imports. Taiwan (Chinese) and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average memories import price stood at $X per unit in 2023, waning by X% against the previous year. Overall, import price indicated a mild increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, memories import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform