Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $56,704 per unit, remaining constant against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs increased by +55.1% against 2015 indices. The growth pace was the most rapid in 2016 an increase of 19% against the previous year. The import price peaked at $57,310 per unit in 2021, and then shrank modestly in the following year.
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 UK ($226,799 per unit), while the price for South Korea ($19,539 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $50,907 per unit in 2022, increasing by 1.6% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -9.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices hit record highs at $67,405 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($78,833 per unit), while the average price for exports to the United States ($8,194 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 Canada (+72.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain
For the third consecutive year, Bahrain recorded decline in supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which decreased by -21.9% to 5.2K units in 2022. Over the period under review, imports faced a deep setback. The smallest decline of -9.7% was in 2020. Imports peaked at 8.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs reduced notably to $294M in 2022. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 0.5% against the previous year. As a result, imports attained the peak of $430M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 276 | 299 | 217 | 132 | -21.8% |
| United States | 70.1 | 36.1 | 57.1 | 63.1 | -3.4% |
| Germany | 24.4 | 17.9 | 37.8 | 31.7 | 9.1% |
| United Kingdom | 25.2 | 39.6 | 26.5 | 23.8 | -1.9% |
| Austria | 1.4 | 4.5 | 14.2 | 18.3 | 135.6% |
| Canada | 5.3 | 1.4 | 3.5 | 2.8 | -19.2% |
| Others | 25.8 | 31.4 | 24.9 | 22.6 | -4.3% |
| Total | 428 | 430 | 381 | 294 | -11.8% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Bahrain in 2022:
- Japan (2974.0 units)
- United States (1426.0 units)
- Germany (253.0 units)
- Austria (122.0 units)
- United Kingdom (105.0 units)
- Canada (91.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain
In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -36.2% to 74 units, falling for the second consecutive year after two years of growth. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.2% against the previous year. As a result, the exports attained the peak of 4.5K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined markedly to $2.6M in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 4% against the previous year. As a result, the exports attained the peak of $252M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 53.8 | 46.4 | 1.9 | 1.2 | -71.9% |
| Saudi Arabia | 58.8 | 113 | 2.0 | 0.7 | -77.2% |
| Thailand | 0.2 | 2.4 | N/A | 0.2 | 0.0% |
| Canada | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Cambodia | 5.3 | 11.8 | 0.2 | 0.1 | -73.4% |
| China | 108 | 68.5 | N/A | 0.1 | -90.3% |
| Kuwait | 3.2 | 4.0 | 0.1 | 0.1 | -68.5% |
| United States | 0.1 | N/A | N/A | N/A | 0% |
| Jordan | 4.7 | 1.9 | N/A | N/A | -59.6% |
| Others | 7.6 | 3.3 | 0.4 | 0.2 | -70.3% |
| Total | 242 | 252 | 4.7 | 2.6 | -77.9% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Bahrain in 2022:
- United Arab Emirates (25.0 units)
- Saudi Arabia (9.0 units)
- Thailand (3.0 units)
- Canada (2.0 units)
- Cambodia (2.0 units)
- United States (2.0 units)
- China (2.0 units)
- Kuwait (2.0 units)
- Jordan (1.0 units)
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