Bahrain: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Bahrain

In 2022, the Bahraini spectrometers and spectrophotometers market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a resilient increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Spectrometers And Spectrophotometers Exports

Exports from Bahrain

In 2022, after two years of growth, there was significant decline in shipments abroad of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, spectrometers and spectrophotometers exports surged to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the UK (X units) and the United Arab Emirates (X units) were the main destinations of spectrometers and spectrophotometers exports from Bahrain, with a combined X% share 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 UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for spectrometers and spectrophotometers exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 ($X per unit), while the average price for exports to the UK ($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%), while the prices for the other major destinations experienced mixed trend patterns.

Spectrometers And Spectrophotometers Imports

Imports into Bahrain

In 2022, overseas purchases of spectrometers and spectrophotometers increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, spectrometers and spectrophotometers imports surged to $X in 2022. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of spectrometers and spectrophotometers to Bahrain, accounting for a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Germany (X units) 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 the Czech Republic stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of spectrometers and spectrophotometers to Bahrain, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the UK (X% per year).

Import Prices by Country

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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