Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $617 thousand per unit, growing by 12% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbo-jets, turbo-propellers and other gas turbineses increased by +101.1% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 53%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1.2 million per unit), while the price for the Netherlands ($9.2 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+59.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $818 thousand per unit, picking up by 65% against the previous year. In general, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 174%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Singapore ($1.3 million per unit), while the average price for exports to the UK ($3.6 thousand 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 Poland (+550.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain
In 2022, overseas purchases of turbo-jets, turbo-propellers and other gas turbineses were finally on the rise to reach 224 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp curtailment. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $138M in 2022. Over the period under review, imports, however, saw a sharp slump. Imports peaked at $376M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.4 | 37.2 | 27.1 | 70.1 | 8.8% |
| France | 51.4 | 8.7 | 36.1 | 18.3 | -29.1% |
| Hungary | 0.4 | N/A | 19.3 | 16.2 | 243.4% |
| Switzerland | 12.4 | 27.3 | 12.4 | 14.6 | 5.6% |
| United Kingdom | 175 | 45.6 | 8.1 | 11.0 | -60.2% |
| Sweden | N/A | 0.6 | 0.1 | 2.9 | 119.8% |
| China | 5.1 | 4.7 | 1.5 | 2.2 | -24.4% |
| Italy | 7.4 | 9.6 | 6.2 | 1.7 | -38.8% |
| Germany | 65.2 | 46.8 | 6.5 | 0.8 | -76.9% |
| Croatia | 1.0 | 3.6 | 0.1 | 0.1 | -53.6% |
| Others | 4.0 | 7.0 | 2.0 | 0.4 | -53.6% |
| Total | 376 | 191 | 119 | 138 | -28.4% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Bahrain in 2022:
- United States (119.0 units)
- Switzerland (23.0 units)
- Hungary (18.0 units)
- France (18.0 units)
- United Kingdom (9.0 units)
- Sweden (8.0 units)
- Italy (5.0 units)
- Germany (3.0 units)
- China (2.0 units)
- Croatia (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain
In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses exported from Bahrain surged to 132 units, jumping by 20% compared with the year before. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of 218 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses surged to $108M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.4 | 6.7 | 22.7 | 70.7 | 89.4% |
| United States | 1.8 | 8.0 | 1.3 | 11.0 | 82.8% |
| Poland | N/A | N/A | N/A | 10.6 | 0% |
| Vietnam | 2.3 | N/A | 3.9 | 3.0 | 9.3% |
| United Arab Emirates | 2.9 | 2.8 | 2.1 | 2.8 | -1.2% |
| Slovenia | N/A | N/A | N/A | 2.8 | 0% |
| Turkey | N/A | N/A | N/A | 1.6 | 0% |
| Croatia | 0.9 | N/A | 1.4 | 0.9 | 0.0% |
| China | 15.1 | 4.6 | 16.5 | 0.4 | -70.2% |
| Italy | 3.2 | N/A | N/A | 0.1 | -68.5% |
| United Kingdom | 1.7 | 22.5 | 2.3 | N/A | 16.3% |
| Luxembourg | N/A | 13.5 | N/A | N/A | 0% |
| Netherlands | N/A | 7.9 | 0.6 | N/A | -92.4% |
| Others | 3.2 | 12.7 | 3.9 | 4.1 | 8.6% |
| Total | 41.5 | 78.6 | 54.7 | 108 | 37.5% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Bahrain in 2022:
- Singapore (53.0 units)
- Poland (24.0 units)
- United States (11.0 units)
- Vietnam (8.0 units)
- Slovenia (7.0 units)
- Turkey (5.0 units)
- United Arab Emirates (5.0 units)
- Croatia (5.0 units)
- Italy (1.0 units)
- United Kingdom (1.0 units)
- China (1.0 units)
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