Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain - 2022

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain
  4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (CIF) - 2022

In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $25,885 per unit, increasing by 79% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in 2021 an increase of 196% against the previous year. Over the period under review, average import prices reached the maximum at $30,700 per unit in 2012; however, from 2013 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 Mexico ($61,419 per unit), while the price for Italy ($492 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $5,302 per unit, jumping by 29% against the previous year. In general, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 420% against the previous year. As a result, the export price attained the peak level of $17,881 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($53,927 per unit), while the average price for exports to Iraq ($568 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 (+4.3%).

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain

In 2022, supplies from abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -82.4% to 57 units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,263% against the previous year. As a result, imports reached the peak of 1.7K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs shrank dramatically to $1.5M in 2022. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2020 when imports increased by 606%. As a result, imports reached the peak of $8.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.948.030049499.8%
Finland23652.81,03846425.3%
MexicoN/A0.92421841329.8%
United States81.217573.988.42.9%
Brazil11533937.145.2-26.7%
France1.74,89414.244.8197.6%
IndiaN/A1,886N/A36.3-86.1%
Italy40.123.22,7000.5-76.8%
Others6761,134277118-44.1%
Total1,2128,5534,6811,4756.8%

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Bahrain in 2022:

  1. France (11.0 units)
  2. Finland (10.0 units)
  3. Germany (10.0 units)
  4. Brazil (5.0 units)
  5. United States (5.0 units)
  6. India (4.0 units)
  7. Mexico (3.0 units)
  8. Italy (1.0 units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain

After three years of growth, shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -18.6% to 70 units in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,800%. Over the period under review, the exports of hit record highs at 86 units in 2021, and then fell notably in the following year.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs rose significantly to $371K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 484%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6.1153339279257.6%
United Arab EmiratesN/AN/AN/A31.70%
IraqN/AN/AN/A6.30%
Others20.1N/A13.553.938.9%
Total26.3153353371141.6%

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Bahrain in 2022:

  1. Saudi Arabia (52.0 units)
  2. Iraq (11.0 units)
  3. United Arab Emirates (6.0 units)

Source: IndexBox Market Intelligence Platform

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