Musical Instrument Strings Price in Bahrain - 2022
Contents:
- Musical Instrument Strings Price in Bahrain (CIF) - 2022
- Musical Instrument Strings Price in Bahrain (FOB) - 2022
- Musical Instrument Strings Imports in Bahrain
- Musical Instrument Strings Exports in Bahrain
Musical Instrument Strings Price in Bahrain (CIF) - 2022
The average musical instrument strings import price stood at $1.1 per unit in 2022, waning by -21.6% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, musical instrument strings import price decreased by -25.7% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 37% against the previous year. The import price peaked at $1.5 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2.1 per unit), while the price for Japan ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Musical Instrument Strings Price in Bahrain (FOB) - 2022
In 2022, the average musical instrument strings export price amounted to $0.9 per unit, declining by -42.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87% against the previous year. As a result, the export price reached the peak level of $1.9 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($2.7 per unit), while the average price for exports to the United Arab Emirates ($0.3 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 (+6.6%), while the prices for the other major destinations experienced a decline.
Musical Instrument Strings Imports in Bahrain
In 2022, supplies from abroad of musical instrument stringses decreased by -5.1% to 35K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by 108% against the previous year. As a result, imports attained the peak of 78K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, musical instrument strings imports declined dramatically to $38K in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year. As a result, imports attained the peak of $114K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Musical Instrument Strings in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.2 | 61.0 | 27.5 | 17.5 | -7.6% |
| China | 14.1 | 34.3 | 11.9 | 8.7 | -14.9% |
| United Kingdom | 3.3 | 2.4 | 3.2 | 2.1 | -14.0% |
| India | 1.7 | 2.5 | 0.4 | 1.5 | -4.1% |
| Turkey | 1.0 | 1.3 | 1.4 | 1.3 | 9.1% |
| Taiwan (Chinese) | 1.1 | 1.3 | 1.2 | 1.0 | -3.1% |
| France | 6.8 | 3.7 | 0.6 | 1.0 | -47.2% |
| Japan | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Others | 3.8 | 6.9 | 4.7 | 4.8 | 8.1% |
| Total | 54.3 | 114 | 50.9 | 37.9 | -11.3% |
Top Suppliers of Musical Instrument Strings to Bahrain in 2022:
- United States (12.8K units)
- China (10.7K units)
- Turkey (3.5K units)
- India (2.3K units)
- Taiwan (Chinese) (1.2K units)
- France (1.0K units)
- United Kingdom (1.0K units)
- Japan (0.4K units)
Musical Instrument Strings Exports in Bahrain
In 2022, overseas shipments of musical instrument stringses decreased by -58.9% to 1.1K units, falling for the second year in a row after two years of growth. In general, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, the exports reached the peak of 12K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, musical instrument strings exports contracted notably to $951 in 2022. Over the period under review, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 77% against the previous year. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Musical Instrument Strings in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 6.8 | 5.4 | 2.6 | 0.6 | -55.5% |
| Saudi Arabia | 0.1 | 9.2 | 1.1 | 0.3 | 44.2% |
| United Arab Emirates | 1.8 | 0.8 | 0.2 | N/A | -66.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 8.8 | 15.5 | 4.0 | 1.0 | -51.6% |
Top Export Markets for Musical Instrument Strings from Bahrain in 2022:
- Saudi Arabia (725.0 units)
- Kuwait (216.0 units)
- United Arab Emirates (130.0 units)
451
Global Metronome Market Report 2018. This report provides an in-depth analysis of the global metronome market.
451
Global Metronome Market Report 2018. This report provides an in-depth analysis of the global metronome market.
Nothing found. Please try again.
