Pumps; Parts Thereof Price in Bahrain - 2022
Contents:
- Pumps; Parts Thereof Price in Bahrain (CIF) - 2022
- Pumps; Parts Thereof Price in Bahrain (FOB) - 2022
- Pumps; Parts Thereof Imports in Bahrain
- Pumps; Parts Thereof Exports in Bahrain
Pumps; Parts Thereof Price in Bahrain (CIF) - 2022
The average pumps; parts thereof import price stood at $34,826 per ton in 2022, jumping by 43% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pumps; parts thereof import price increased by +38.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($137,919 per ton), while the price for China ($10,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Bahrain (FOB) - 2022
The average pumps; parts thereof export price stood at $17,711 per ton in 2022, with an increase of 5.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28% against the previous year. The export price peaked at $23,382 per ton in 2012; however, from 2013 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 Oman ($50,860 per ton), while the average price for exports to the Netherlands ($2,168 per ton) 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 States (-0.9%), while the prices for the other major destinations experienced a decline.
Pumps; Parts Thereof Imports in Bahrain
In 2022, purchases abroad of pumps; parts thereoves decreased by -21.3% to 525 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 703 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pumps; parts thereof imports rose sharply to $18M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pumps; Parts Thereof in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 2.7 | 3.5 | 5.3 | 26.8% |
| Italy | 1.9 | 1.7 | 1.9 | 4.6 | 34.3% |
| Germany | 0.9 | 1.3 | 1.0 | 1.6 | 21.1% |
| India | 0.4 | 0.6 | 1.1 | 1.2 | 44.2% |
| China | 0.6 | 1.3 | 1.0 | 0.8 | 10.1% |
| Japan | 2.6 | 1.1 | 1.2 | 0.7 | -35.4% |
| United Kingdom | 0.6 | 0.5 | 0.9 | 0.7 | 5.3% |
| United Arab Emirates | 2.7 | 2.3 | 2.3 | 0.3 | -51.9% |
| Ireland | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Spain | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| South Korea | 0.6 | 0.8 | 0.9 | 0.1 | -45.0% |
| Others | 2.3 | 2.0 | 2.2 | 2.4 | 1.4% |
| Total | 15.2 | 14.5 | 16.3 | 18.3 | 6.4% |
Top Suppliers of Pumps; Parts Thereof to Bahrain in 2022:
- United States (167.8 tons)
- China (80.8 tons)
- India (54.1 tons)
- Germany (53.3 tons)
- Italy (33.1 tons)
- Spain (16.9 tons)
- United Arab Emirates (16.7 tons)
- Ireland (16.4 tons)
- Japan (11.4 tons)
- United Kingdom (11.1 tons)
- South Korea (10.8 tons)
Pumps; Parts Thereof Exports in Bahrain
For the third consecutive year, Bahrain recorded decline in shipments abroad of pumps; parts thereoves, which decreased by -26.9% to 83 tons in 2022. Over the period under review, exports faced a dramatic descent. The smallest decline of -23.2% was in 2020.
In value terms, pumps; parts thereof exports dropped notably to $1.5M in 2022. Overall, exports showed a significant decline. The smallest decline of -12.8% was in 2020.
| Export of Pumps; Parts Thereof in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3,642 | 3,106 | 1,349 | 592 | -45.4% |
| Oman | 68.9 | 66.8 | 384 | 414 | 81.8% |
| United Arab Emirates | 5.4 | 0.8 | 10.1 | 210 | 238.8% |
| United States | N/A | 4.2 | N/A | 50.0 | 245.0% |
| Netherlands | N/A | 12.4 | N/A | 11.8 | -2.4% |
| South Korea | N/A | 45.8 | N/A | N/A | 0% |
| Others | 86.4 | 78.4 | 170 | 193 | 30.7% |
| Total | 3,803 | 3,315 | 1,912 | 1,471 | -27.1% |
Top Export Markets for Pumps; Parts Thereof from Bahrain in 2022:
- Saudi Arabia (45.3 tons)
- United Arab Emirates (13.2 tons)
- Oman (8.1 tons)
- United States (7.3 tons)
- Netherlands (5.4 tons)
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