Price for Turbines; Steam and Other Vapour Turbines in Bahrain - 2022

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Bahrain (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Bahrain (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Bahrain
  4. Exports of Turbines; Steam and Other Vapour Turbines in Bahrain

Price for Turbines; Steam and Other Vapour Turbines in Bahrain (CIF) - 2022

The average import price for turbines; steam and other vapour turbineses stood at $350 thousand per unit in 2022, reducing by -30.7% against the previous year. In general, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 an increase of 183% against the previous year. Over the period under review, average import prices hit record highs at $543 thousand per unit in 2018; however, from 2019 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 the United States ($1.8 million per unit), while the price for Vietnam ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Bahrain (FOB) - 2022

The average export price for turbines; steam and other vapour turbineses stood at $139 thousand per unit in 2022, declining by -2.6% against the previous year. Over the period under review, the export price, however, showed prominent growth. The growth pace was the most rapid in 2013 an increase of 186%. The export price peaked at $187 thousand per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($298 thousand per unit), while the average price for exports to Iraq ($120 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 United Arab Emirates (+155.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Bahrain

After three years of growth, supplies from abroad of turbines; steam and other vapour turbineses decreased by -65.9% to 15 units in 2022. Over the period under review, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 92%. Imports peaked at 44 units in 2021, and then reduced notably in the following year.

In value terms, imports of turbines; steam and other vapour turbineses shrank remarkably to $5.2M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 444% against the previous year. Over the period under review, imports of reached the peak figure at $22M in 2021, and then contracted dramatically in the following year.

Import of Turbines; Steam and Other Vapour Turbines in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8691925793,64861.3%
ItalyN/A90.41,5031,472303.5%
Switzerland1924,24322130.8-45.7%
HungaryN/AN/A35.126.2-25.4%
France15918.336424.5-46.4%
Japan22732.941.720.9-54.8%
Germany68.45,07319,0007.1-53.0%
China27.135.81053.8-48.0%
PolandN/A11.91030.9-72.5%
Taiwan (Chinese)N/A8.323.00.4-78.0%
India53.40.197.60.3-82.2%
AustriaN/AN/AN/A0.10%
VietnamN/A0.1N/A0.10.0%
Others19537.214711.8-60.7%
Total1,7929,74322,2175,24843.1%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Bahrain in 2022:

  1. United States (2.0 units)
  2. Italy (1.0 units)
  3. Taiwan (Chinese) (1.0 units)
  4. Poland (1.0 units)
  5. Hungary (1.0 units)
  6. India (1.0 units)
  7. France (1.0 units)
  8. Austria (1.0 units)
  9. Vietnam (1.0 units)
  10. Germany (1.0 units)
  11. Switzerland (1.0 units)
  12. China (1.0 units)
  13. Japan (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Bahrain

In 2022, exports of turbines; steam and other vapour turbineses from Bahrain surged to 10 units, picking up by 150% against the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; steam and other vapour turbineses skyrocketed to $1.4M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Turbines; Steam and Other Vapour Turbines in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia534N/A35071010.0%
United Arab Emirates4.145.5130595425.5%
GermanyN/AN/A35.335.91.7%
United StatesN/A183N/A25.0-63.0%
JapanN/AN/AN/A10.00%
United Kingdom0.3N/AN/A9.4215.3%
IraqN/AN/AN/A0.10%
Free Zones0.20.2N/AN/A0.0%
ItalyN/A10753.9N/A-49.6%
OthersN/AN/AN/AN/A0%
Total5383355691,38637.1%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Bahrain in 2022:

  1. Saudi Arabia (3.0 units)
  2. United Arab Emirates (2.0 units)
  3. United States (1.0 units)
  4. United Kingdom (1.0 units)
  5. Germany (1.0 units)
  6. Japan (1.0 units)
  7. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform

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