Bahrain: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Bahrain

In 2022, the Bahraini non-electronic hydro- and hygrometers market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a perceptible slump. Non-electronic hydro- and hygrometers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Bahrain

In 2022, shipments abroad of non-electronic hydro-, hygro-, psychrometers decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers exports fell notably to $X in 2022. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for non-electronic hydro- and hygrometers exports from Bahrain, accounting for a X% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to Saudi Arabia exceeded the volume sent to the second major destination, China (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for non-electronic hydro-, hygro-, psychrometers exports from Bahrain, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average non-electronic hydro- and hygrometers export price amounted to $X per unit, growing by X% against the previous year. In general, the export price showed notable growth. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

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 Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 (X%).

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Bahrain

In 2022, overseas purchases of non-electronic hydro-, hygro-, psychrometers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers imports reduced remarkably to $X in 2022. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electronic hydro- and hygrometers to Bahrain, with a X% share of total imports. Moreover, non-electronic hydro- and hygrometers imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

In value terms, the United States ($X), China ($X) and the UK ($X) appeared to be the largest non-electronic hydro- and hygrometers suppliers to Bahrain, with a combined X% share of total imports. India, Mexico, the Netherlands, Hong Kong SAR, Bulgaria and Italy lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-electronic hydro- and hygrometers import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 the UK ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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