Bahrain: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Bahrain

The Bahraini self-propelled non-electric fork-lift truck market fell remarkably to $X in 2022, with a decrease of 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). Over the period under review, consumption showed a abrupt downturn. Self-propelled non-electric fork-lift truck consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports from Bahrain

In 2022, exports of self-propelled fork-lift trucks with non-electric motor from Bahrain surged to X units, picking up by X% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, self-propelled non-electric fork-lift truck exports skyrocketed to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for self-propelled non-electric fork-lift truck exports from Bahrain, accounting for a X% share of total exports. Moreover, self-propelled non-electric fork-lift truck exports to Saudi Arabia exceeded the volume sent to the second major destination, Sudan (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Saudi Arabia ($X) remains the key foreign market for self-propelled fork-lift trucks with non-electric motor exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Sudan, with a X% share.

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: the United Arab Emirates (X% per year) and Sudan (X% per year).

Export Prices by Country

The average self-propelled non-electric fork-lift truck export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into Bahrain

In 2022, approx. X units of self-propelled fork-lift trucks with non-electric motor were imported into Bahrain; reducing by X% on the year before. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck imports contracted dramatically to $X in 2022. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and the UK (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to Bahrain, with a combined X% share of total imports. South Korea, France and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled non-electric fork-lift truck suppliers to Bahrain were China ($X), Japan ($X) and the United States ($X), together accounting for X% of total imports. France, South Korea and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest growth rate of 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 self-propelled non-electric fork-lift truck import price amounted to $X per unit, waning by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average 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 United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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