Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain - 2022
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (CIF) - 2022
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (CIF) - 2022
The average import price for in-hand motor grinders, sanders and planers stood at $39 per unit in 2022, falling by -5.5% against the previous year. Over the period under review, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $104 per unit in 2017; however, from 2018 to 2022, 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 Italy ($425 per unit), while the price for China ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (FOB) - 2022
In 2020, the average export price for in-hand motor grinders, sanders and planers amounted to $479 per unit, increasing by 4,228% against the previous year. In general, the export price recorded a strong expansion. The export price peaked at $1,609 per unit in 2015; however, from 2016 to 2020, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Saudi Arabia ($829 per unit), while the average price for exports to the United Arab Emirates ($168 per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+28.6%).
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain
After three years of growth, overseas purchases of in-hand motor grinders, sanders and planers decreased by -13.7% to 66K units in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 59%. Imports peaked at 77K units in 2021, and then dropped in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers plummeted to $2.6M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of $3.1M, and then reduced dramatically in the following year.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,021 | 1,077 | 2,089 | 1,541 | 14.7% |
| Japan | 278 | 143 | 308 | 198 | -10.7% |
| Germany | 126 | 116 | 53.3 | 182 | 13.0% |
| India | 57.0 | 24.1 | 66.3 | 89.5 | 16.2% |
| Austria | 315 | 208 | 162 | 85.2 | -35.3% |
| Romania | 187 | 101 | 92.4 | 21.3 | -51.5% |
| Others | 182 | 311 | 364 | 441 | 34.3% |
| Total | 2,166 | 1,980 | 3,136 | 2,558 | 5.7% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Bahrain in 2022:
- China (58.4K units)
- India (1.3K units)
- Germany (1.3K units)
- Japan (1.2K units)
- Austria (0.3K units)
- Romania (0.2K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain
In 2020, the amount of in-hand motor grinders, sanders and planers exported from Bahrain shrank dramatically to 319 units, falling by -92.7% on the year before. Over the period under review, exports faced a dramatic decline. The exports peaked at 4.4K units in 2019, and then shrank markedly in the following year.
In value terms, exports of in-hand motor grinders, sanders and planers soared to $153K in 2020. In general, exports, however, recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Saudi Arabia | 24.5 | 93.4 | 281.2% | ||
| United Arab Emirates | 16.0 | 31.5 | 96.9% | ||
| Netherlands | N/A | 6.2 | 0% | ||
| Free Zones | 1.0 | 0.7 | -30.0% | ||
| Nigeria | 0.4 | N/A | 0% | ||
| Others | 6.6 | 21.2 | 221.2% | ||
| Total | 48.4 | 153 | 216.1% | ||
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Bahrain in 2022:
- United Arab Emirates (187.0 units)
- Saudi Arabia (113.0 units)
- Netherlands (17.0 units)
- Free Zones (1.0 units)
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