Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $96 per unit in 2022, increasing by 44% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices reached the peak figure at $236 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($719 per unit), while the price for China ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $540 per unit in 2022, picking up by 190% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($567 per unit), while the average price for exports to Saudi Arabia ($174 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 Singapore (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain

Imports of tools; for working in the hand, pneumatic, other than rotary type into Bahrain contracted sharply to 10K units in 2022, which is down by -37.7% compared with the previous year's figure. Over the period under review, imports showed a slight slump. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of 16K units, and then contracted rapidly in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type reduced to $988K in 2022. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.4%. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12111011234341.5%
China230269345197-5.0%
Japan185144159117-14.2%
India47.416.763.377.417.8%
United Kingdom36235.741.962.7-44.3%
Malaysia5.0N/A0.440.4100.7%
Taiwan (Chinese)24.727.220.439.717.1%
CanadaN/AN/A54.6N/A0%
Others149486306110-9.6%
Total1,1251,0881,103988-4.2%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Bahrain in 2022:

  1. China (7.8K units)
  2. Taiwan (Chinese) (0.6K units)
  3. Germany (0.5K units)
  4. Malaysia (0.4K units)
  5. Japan (0.3K units)
  6. India (0.2K units)
  7. United Kingdom (0.1K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain

In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type was finally on the rise to reach 1.7K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a perceptible decrease. The exports peaked at 2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type surged to $927K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates26.454.87.221199.9%
Saudi Arabia32111084.2150-22.4%
Kuwait81.121.30.238.5-22.0%
Oman0.3N/AN/A7.9197.5%
United Kingdom17.90.1N/A3.8-40.3%
Others7.578.27.6516309.8%
Total45426599.292726.9%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Bahrain in 2022:

  1. Saudi Arabia (863.0 units)
  2. United Arab Emirates (650.0 units)
  3. Kuwait (68.0 units)
  4. Oman (36.0 units)
  5. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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