Price for Electrical Push-Button and Rotary Switch in Bahrain - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Bahrain (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Bahrain (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Bahrain
- Exports of Electrical Push-Button and Rotary Switch in Bahrain
Price for Electrical Push-Button and Rotary Switch in Bahrain (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.9 per unit in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The pace of growth was the most pronounced in 2013 an increase of 36% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
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 Saudi Arabia ($6.8 per unit), while the price for China ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Bahrain (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $1.1 per unit, waning by -27.4% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices hit record highs at $1.6 per unit in 2021, and then contracted significantly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($3 per unit), while the average price for exports to Ghana ($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 Saudi Arabia (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Bahrain
In 2022, supplies from abroad of electrical push-button and rotary switches for under 1000 v was finally on the rise to reach 7.6M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible slump. Imports peaked at 8.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electrical push-button and rotary switch imports totaled $6.7M in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $6.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Push-Button and Rotary Switch in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,082 | 1,661 | 1,827 | 2,402 | 4.9% |
| Germany | 741 | 925 | 595 | 690 | -2.3% |
| Vietnam | 395 | 552 | 907 | 609 | 15.5% |
| United Kingdom | 449 | 379 | 425 | 467 | 1.3% |
| United States | 581 | 332 | 374 | 450 | -8.2% |
| France | 199 | 109 | 195 | 275 | 11.4% |
| Italy | 202 | 188 | 335 | 237 | 5.5% |
| India | 360 | 125 | 237 | 217 | -15.5% |
| Japan | 153 | 812 | 158 | 180 | 5.6% |
| United Arab Emirates | 260 | 21.6 | 24.6 | 157 | -15.5% |
| Malaysia | 170 | 38.6 | 29.6 | 98.8 | -16.5% |
| Others | 1,280 | 1,291 | 1,066 | 954 | -9.3% |
| Total | 6,875 | 6,435 | 6,172 | 6,739 | -0.7% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Bahrain in 2022:
- China (4453.9K units)
- Vietnam (611.4K units)
- India (398.8K units)
- United Kingdom (288.9K units)
- United Arab Emirates (246.7K units)
- Italy (212.3K units)
- Germany (182.6K units)
- United States (176.3K units)
- Malaysia (117.6K units)
- Japan (111.0K units)
- France (99.9K units)
Exports of Electrical Push-Button and Rotary Switch in Bahrain
In 2022, overseas shipments of electrical push-button and rotary switches for under 1000 v decreased by -52.1% to 104K units, falling for the second year in a row after two years of growth. In general, exports faced a deep setback. The growth pace was the most rapid in 2020 with an increase of 788% against the previous year. As a result, the exports reached the peak of 1.4M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, electrical push-button and rotary switch exports declined remarkably to $117K in 2022. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 682%. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Electrical Push-Button and Rotary Switch in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 93.7 | 503 | 81.2 | 35.7 | -27.5% |
| United Kingdom | 28.6 | 8.1 | 5.6 | 28.9 | 0.3% |
| India | 2.6 | 1.4 | 7.2 | 15.9 | 82.9% |
| Kuwait | 29.0 | 24.9 | 93.6 | 10.5 | -28.7% |
| Ghana | N/A | N/A | 1.0 | 10.4 | 940.0% |
| Netherlands | 0.6 | 0.3 | 0.9 | 4.8 | 100.0% |
| Sweden | N/A | N/A | N/A | 3.8 | 0% |
| United Arab Emirates | 0.1 | N/A | 2.9 | 2.8 | 203.7% |
| Saudi Arabia | 40.7 | 1,062 | 117 | N/A | 69.5% |
| Others | 11.3 | 15.5 | 27.6 | 4.2 | -28.1% |
| Total | 207 | 1,615 | 337 | 117 | -17.3% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Bahrain in 2022:
- Ghana (30.2K units)
- Oman (26.6K units)
- United Kingdom (14.4K units)
- India (12.0K units)
- United Arab Emirates (6.1K units)
- Netherlands (4.5K units)
- Sweden (3.7K units)
- Kuwait (3.6K units)
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