Bahrain: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in Bahrain

The Bahraini pliers and pincers market reduced to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a slight slump. Pliers and pincers consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pliers And Pincers Exports

Exports from Bahrain

In 2022, the amount of pliers, pincers and tweezers for nonmedical use exported from Bahrain was estimated at X tons, picking up by X% on the year before. Over the period under review, exports, however, faced a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, pliers and pincers exports soared to $X in 2022. In general, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Qatar (X kg) were the main destinations of pliers and pincers exports from Bahrain, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Qatar ($X) were the largest markets for pliers and pincers exported from Bahrain worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average pliers and pincers export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price saw temperate growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average 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 Qatar ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) 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%), while the prices for the other major destinations experienced a decline.

Pliers And Pincers Imports

Imports into Bahrain

After four years of decline, purchases abroad of pliers, pincers and tweezers for nonmedical use increased by X% to X tons in 2022. In general, imports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, pliers and pincers imports fell to $X in 2022. Over the period under review, imports, however, recorded a slight downturn. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest pliers and pincers supplier to Bahrain, with a X% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Turkey (X% per year).

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) were the largest pliers and pincers suppliers to Bahrain, with a combined X% share of total imports. Slovenia, India, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average pliers and pincers import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pliers and pincers import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Source: IndexBox Platform

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