Bahrain - Tractors - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Bahrain - Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Tractor Price in Bahrain - 2022

Contents:

  1. Tractor Price in Bahrain (CIF) - 2022
  2. Tractor Price in Bahrain (FOB) - 2022
  3. Tractor Imports in Bahrain
  4. Tractor Exports in Bahrain

Tractor Price in Bahrain (CIF) - 2022

In 2022, the average tractor import price amounted to $7,540 per unit, falling by -71.2% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 64% against the previous year. The import price peaked at $50,393 per unit in 2017; however, from 2018 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 United Arab Emirates ($58,378 per unit), while the price for South Korea ($2,380 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Tractor Price in Bahrain (FOB) - 2022

In 2022, the average tractor export price amounted to $6,881 per unit, which is down by -70.4% against the previous year. In general, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 263%. As a result, the export price reached the peak level of $58,347 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($97,819 per unit), while the average price for exports to Saudi Arabia ($4,399 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 the United Arab Emirates (+52.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tractor Imports in Bahrain

In 2022, the amount of tractors imported into Bahrain surged to 533 units, rising by 46% compared with 2021 figures. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 119%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tractor imports contracted dramatically to $4M in 2022. In general, imports, however, continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $9.6M, and then reduced dramatically in the following year.

Import of Tractor in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,6761,1784,5601,440-18.7%
TurkeyN/A25826550139.4%
United Arab Emirates7343771,697409-17.7%
PolandN/AN/AN/A4090%
Japan4742,662916305-13.7%
France602198628238-26.6%
Sweden397207153203-20.0%
Thailand814737503149-43.2%
India51017288.598.4-42.2%
South Korea40.213.374.073.822.4%
United Kingdom0.56650.542.1338.3%
United States3283.526.6N/A-71.5%
Others1,585667657151-54.3%
Total8,1607,1389,5684,019-21.0%

Top Suppliers of Tractor to Bahrain in 2022:

  1. Germany (152.0 units)
  2. Turkey (128.0 units)
  3. Poland (87.0 units)
  4. France (68.0 units)
  5. South Korea (31.0 units)
  6. India (22.0 units)
  7. United Kingdom (11.0 units)
  8. Japan (8.0 units)
  9. United Arab Emirates (7.0 units)
  10. Sweden (5.0 units)
  11. Thailand (2.0 units)

Tractor Exports in Bahrain

In 2022, the amount of tractors exported from Bahrain soared to 413 units, jumping by 89% on the previous year. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tractor exports contracted markedly to $2.8M in 2022. Overall, exports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 105% against the previous year. As a result, the exports attained the peak of $5.1M, and then fell rapidly in the following year.

Export of Tractor in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,2376654171,70211.2%
United Arab EmiratesN/AN/AN/A7830%
Sudan1281,3972,56722520.7%
Free Zones570N/AN/AN/A0%
Others1,0444252,112132-49.8%
Total2,9792,4875,0962,842-1.6%

Top Export Markets for Tractor from Bahrain in 2022:

  1. Saudi Arabia (387.0 units)
  2. Sudan (16.0 units)
  3. United Arab Emirates (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tractor market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28301000 - Pedestrian-controlled tractors
  • Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
  • Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
  • Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
  • Prodcom 28925000 - (Crawler tractors) Track-laying tractors
  • Prodcom 29104300 - Road tractors for semi-trailers

Country coverage:

  • Bahrain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bahrain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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