Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain - 2022

Contents:

  1. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (FOB) - 2022
  2. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (CIF) - 2022
  3. Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain
  4. Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (FOB) - 2022

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $15,061 per ton in 2022, rising by 33% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -28.6% against 2015 indices. The pace of growth appeared the most rapid in 2014 an increase of 83%. The export price peaked at $21,100 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($22,487 per ton), while the average price for exports to Switzerland ($2,077 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 (+4.6%), while the prices for the other major destinations experienced a decline.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (CIF) - 2022

In 2022, the average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $50,432 per ton, growing by 11% against the previous year. Overall, the import price, however, showed a deep downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 58%. As a result, import price reached the peak level of $106,403 per ton. From 2016 to 2022, the average 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 Belgium ($125,000 per ton), while the price for Kuwait ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain

In 2022, shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 was finally on the rise to reach 559 kg after two years of decline. Overall, exports saw a pronounced expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 skyrocketed to $8.4K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates7.53.10.47.81.3%
SwitzerlandN/AN/AN/A0.40%
Saudi Arabia0.30.1N/A0.2-12.6%
GermanyN/A1.2N/AN/A0%
Others0.70.7N/AN/A0.0%
Total8.55.00.58.4-0.4%

Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Bahrain in 2022:

  1. United Arab Emirates (349.0 kg)
  2. Switzerland (194.0 kg)
  3. Saudi Arabia (16.0 kg)

Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain

Imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Bahrain declined significantly to 74 kg in 2022, reducing by -17.8% compared with 2021 figures. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 114%.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced to $3.7K in 2022. Overall, imports showed a sharp descent.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,2813483,6183,19535.6%
China11470.041.016412.9%
Belgium1,9331,262148125-59.9%
South Korea59036741.033.0-61.8%
United Kingdom1,48450143.026.0-74.0%
Taiwan (Chinese)2812055.016.0-61.5%
India22414016.013.0-61.3%
France79629620.06.0-80.4%
Italy19694.08.05.0-70.6%
Kuwait9691967.01.0-89.9%
Greece1,120N/AN/AN/A0%
Others1,850973129148-56.9%
Total10,8384,4524,0763,732-29.9%

Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Bahrain in 2022:

  1. United Arab Emirates (55.0 kg)
  2. China (2.0 kg)
  3. Italy (1.0 kg)
  4. Taiwan (Chinese) (1.0 kg)
  5. India (1.0 kg)
  6. France (1.0 kg)
  7. United Kingdom (1.0 kg)
  8. Belgium (1.0 kg)
  9. South Korea (1.0 kg)
  10. Kuwait (1.0 kg)

Source: IndexBox Market Intelligence Platform

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