Life-Jackets and Life-Belts Price in Bahrain - 2022
Contents:
- Life-Jackets and Life-Belts Price in Bahrain (CIF) - 2022
- Life-Jackets and Life-Belts Price in Bahrain (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Bahrain
- Life-Jackets and Life-Belts Exports in Bahrain
Life-Jackets and Life-Belts Price in Bahrain (CIF) - 2022
The average life-jackets and life-belts import price stood at $7,146 per ton in 2022, waning by -17.5% against the previous year. In general, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 64%. The import price peaked at $9,537 per ton in 2012; however, from 2013 to 2022, 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 ($22,847 per ton), while the price for Bangladesh ($4,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Life-Jackets and Life-Belts Price in Bahrain (FOB) - 2022
The average life-jackets and life-belts export price stood at $24,966 per ton in 2022, declining by -36.2% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 210%. The export price peaked at $39,140 per ton in 2021, and then contracted significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($57,816 per ton), while the average price for exports to Qatar ($10,982 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 (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Bahrain
In 2022, approx. 74 tons of life-jackets and life-beltses were imported into Bahrain; jumping by 86% on 2021. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, life-jackets and life-belts imports soared to $529K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Life-Jackets and Life-Belts in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 97.8 | 104 | 89.6 | 228 | 32.6% |
| India | 52.5 | 126 | 50.4 | 118 | 31.0% |
| United Arab Emirates | 99.7 | 82.3 | 75.8 | 34.3 | -29.9% |
| United States | 33.4 | 22.6 | 44.9 | 27.1 | -6.7% |
| Bangladesh | N/A | 0.2 | 3.2 | 16.2 | 800.0% |
| Others | 40.8 | 80.1 | 81.4 | 105 | 37.0% |
| Total | 324 | 414 | 345 | 529 | 17.8% |
Top Suppliers of Life-Jackets and Life-Belts to Bahrain in 2022:
- China (37.6 tons)
- India (24.2 tons)
- Bangladesh (3.9 tons)
- United Arab Emirates (3.7 tons)
- United States (1.2 tons)
Life-Jackets and Life-Belts Exports in Bahrain
In 2022, after two years of decline, there was significant growth in shipments abroad of life-jackets and life-beltses, when their volume increased by 70% to 2.9 tons. In general, exports, however, recorded a significant contraction.
In value terms, life-jackets and life-belts exports totaled $72K in 2022. Over the period under review, exports saw a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Life-Jackets and Life-Belts in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 67.4 | 31.3 | 39.4 | 32.2 | -21.8% |
| United Arab Emirates | N/A | N/A | N/A | 20.1 | 0% |
| Qatar | N/A | N/A | N/A | 1.2 | 0% |
| United Kingdom | N/A | N/A | 16.0 | 0.8 | -95.0% |
| Bangladesh | 0.8 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 11.2 | 10.6 | 17.3 | 137.0% |
| Total | 69.6 | 42.5 | 66.0 | 71.6 | 0.9% |
Top Export Markets for Life-Jackets and Life-Belts from Bahrain in 2022:
- Saudi Arabia (1504.0 kg)
- United Arab Emirates (347.0 kg)
- Qatar (109.0 kg)
- United Kingdom (41.0 kg)
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