Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain - 2023

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (CIF) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (FOB) - 2022
  3. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain
  4. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (CIF) - 2022

The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $42 thousand per unit in 2022, falling by -18.5% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $163 thousand per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($44 thousand per unit) and Sweden ($43 thousand per unit), while the price for South Korea ($42 thousand per unit) and India ($43 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-13.0%), while the prices for the other major suppliers experienced a decline.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (FOB) - 2022

In 2022, the average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $1.8 thousand per unit, which is down by -29.4% against the previous year. Over the period under review, the export price saw a dramatic contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 117%. As a result, the export price attained the peak level of $37 thousand per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($4.8 thousand per unit), while the average price for exports to Hong Kong SAR ($217 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 Oman (+5.1%), while the prices for the other major destinations experienced a decline.

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain

For the fourth consecutive year, Bahrain recorded growth in purchases abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses, which increased by 24% to 1.7K units in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.2% 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 increased by +96.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $73M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.414.028.615.752.8%
United States9.06.921.115.419.6%
Spain1.93.51.912.285.9%
Germany3.75.82.35.614.8%
China4.77.82.74.5-1.4%
India1.62.32.22.820.5%
United Kingdom2.62.71.42.5-1.3%
Japan6.08.51.32.1-29.5%
Sweden0.30.90.21.985.0%
Hungary1.71.60.61.5-4.1%
France1.54.92.11.4-2.3%
United Arab Emirates2.03.00.61.3-13.4%
South Korea1.42.62.80.4-34.1%
Others7.46.54.05.6-8.9%
Total48.370.971.972.914.7%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Bahrain in 2022:

  1. Italy (365.0 units)
  2. United States (358.0 units)
  3. Spain (284.0 units)
  4. Germany (131.0 units)
  5. China (104.0 units)
  6. India (66.0 units)
  7. United Kingdom (58.0 units)
  8. Japan (49.0 units)
  9. Sweden (43.0 units)
  10. Hungary (34.0 units)
  11. France (33.0 units)
  12. United Arab Emirates (30.0 units)
  13. South Korea (10.0 units)

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain

In 2022, overseas shipments of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses increased by 1.3% to 2.3K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp decrease. The exports peaked at 4.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses declined significantly to $4.1M in 2022. Overall, exports, however, recorded a precipitous descent. The smallest decline of -11.7% was in 2021. The exports peaked at $10M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia7,0874,7063,3691,955-34.9%
United Arab Emirates9537691,556714-9.2%
Oman14.013.918.4416209.7%
ThailandN/A6.0N/A84.6275.5%
United States57580.485.860.2-52.9%
FranceN/A4.5N/A55.4250.9%
Australia6.329.539.049.799.1%
Ethiopia34.116.931.421.8-13.9%
Hong Kong SAR10698.916.920.9-41.8%
China39017.122.915.8-65.7%
Free Zones37.8298N/A0.3-80.1%
Others922405549675-9.9%
Total10,1256,4455,6884,069-26.2%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Bahrain in 2022:

  1. Saudi Arabia (1119.0 units)
  2. United Arab Emirates (409.0 units)
  3. Thailand (137.0 units)
  4. Hong Kong SAR (96.0 units)
  5. Oman (87.0 units)
  6. France (81.0 units)
  7. United States (59.0 units)
  8. Ethiopia (50.0 units)
  9. Australia (37.0 units)
  10. China (21.0 units)
  11. Free Zones (1.0 units)

Source: IndexBox Market Intelligence Platform

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