Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain - 2022
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (CIF) - 2022
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $6 per unit in 2022, which is down by -10.1% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for articles of apparel and clothing accessories, of leather or of composition leather increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 89% against the previous year. As a result, import price reached the peak level of $7.8 per unit. From 2015 to 2022, the average 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 Arab Emirates ($11 per unit), while the price for Pakistan ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $9.6 per unit in 2022, picking up by 36% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 98%. As a result, the export price attained the peak level of $27 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($15 per unit), while the average price for exports to Saudi Arabia ($5.9 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 Turkey (+43.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Bahrain surged to 599K units, jumping by 22% compared with 2021. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather expanded sharply to $3.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 398 | 447 | 360 | 872 | 29.9% |
| China | 797 | 510 | 536 | 800 | 0.1% |
| India | 247 | 215 | 237 | 288 | 5.3% |
| United Arab Emirates | 775 | 466 | 1,013 | 10.2 | -76.4% |
| Others | 1,346 | 931 | 1,097 | 1,599 | 5.9% |
| Total | 3,562 | 2,569 | 3,244 | 3,569 | 0.1% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Bahrain in 2022:
- Pakistan (366.1K units)
- China (143.4K units)
- India (56.2K units)
- United Arab Emirates (1.0K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather exported from Bahrain reduced sharply to 20K units, waning by -27.1% on 2021 figures. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 209%. As a result, the exports reached the peak of 28K units, and then contracted sharply in the following year.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather shrank slightly to $195K in 2022. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 198% against the previous year. The exports peaked at $232K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.7 | 0.3 | 0.9 | 54.1 | 326.0% |
| Kuwait | 24.3 | 9.0 | 64.5 | 44.5 | 22.3% |
| Qatar | N/A | N/A | 6.6 | 23.2 | 251.5% |
| Saudi Arabia | 79.1 | 23.8 | 84.6 | 14.9 | -42.7% |
| Oman | 5.9 | 2.5 | 11.5 | 9.5 | 17.2% |
| Turkey | N/A | N/A | 0.5 | 5.9 | 1080.0% |
| Free Zones | 117 | 6.4 | N/A | N/A | -94.5% |
| Others | 4.6 | 24.0 | 27.9 | 43.3 | 111.1% |
| Total | 232 | 65.9 | 196 | 195 | -5.6% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Bahrain in 2022:
- United Arab Emirates (8.5K units)
- Qatar (3.2K units)
- Kuwait (3.1K units)
- Saudi Arabia (2.5K units)
- Oman (1.3K units)
- Turkey (0.4K units)
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