Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $29 per thousand units in 2022, growing by 25% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. As a result, import price reached the peak level of $56 per thousand units. 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 Italy ($77 per thousand units), while the price for the UK ($17 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, with an increase of 14% against the previous year. Overall, the export price posted temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 63%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($0.4 per unit), while the average price for exports to the United Arab Emirates (less than $0.1 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 the UK (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain
In 2022, supplies from abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -5.1% to 474M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. Over the period under review, imports of hit record highs at 499M units in 2021, and then declined in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $14M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 50%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.7 | 0.7 | 0.6 | 4.7 | 88.7% |
| United Arab Emirates | 2.8 | 7.0 | 3.8 | 4.5 | 17.1% |
| United Kingdom | 2.0 | 3.2 | 3.5 | 2.1 | 1.6% |
| China | 0.5 | 0.8 | 0.6 | 0.6 | 6.3% |
| Turkey | 0.4 | 0.2 | 0.7 | 0.2 | -20.6% |
| Malaysia | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Saudi Arabia | N/A | 0.4 | 0.7 | N/A | 75.0% |
| Others | 3.9 | 2.8 | 1.7 | 1.7 | -24.2% |
| Total | 10.3 | 15.5 | 11.6 | 13.8 | 10.2% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Bahrain in 2022:
- United Arab Emirates (253.4M units)
- United Kingdom (117.8M units)
- Italy (61.7M units)
- China (21.9M units)
- Turkey (7.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain
In 2022, approx. 4M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from Bahrain; declining by -81.1% on 2021 figures. Over the period under review, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 90%. Over the period under review, the exports of attained the maximum at 32M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced markedly to $516K in 2022. Overall, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 209% against the previous year. The exports peaked at $2.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 614 | 284 | 416 | 228 | -28.1% |
| Oman | 1,954 | 30.6 | 409 | 40.3 | -72.6% |
| United Kingdom | 0.1 | 0.5 | 1,222 | 31.5 | 580.4% |
| Singapore | 0.1 | 0.2 | 29.0 | 25.3 | 532.5% |
| United Arab Emirates | 84.4 | 93.1 | 213 | 9.0 | -52.6% |
| India | N/A | 299 | 0.3 | 5.5 | -86.4% |
| Kuwait | 47.3 | 14.7 | 0.9 | 0.8 | -74.3% |
| Others | 103 | 48.8 | 91.6 | 176 | 19.6% |
| Total | 2,802 | 771 | 2,381 | 516 | -43.1% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Bahrain in 2022:
- Saudi Arabia (2652.2K units)
- Singapore (438.2K units)
- United Arab Emirates (240.5K units)
- Oman (109.0K units)
- United Kingdom (92.8K units)
- India (72.6K units)
- Kuwait (15.4K units)
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