Rangefinders Price in Bahrain - 2022

Contents:

  1. Rangefinders Price in Bahrain (CIF) - 2022
  2. Rangefinders Price in Bahrain (FOB) - 2022
  3. Rangefinders Imports in Bahrain
  4. Rangefinders Exports in Bahrain

Rangefinders Price in Bahrain (CIF) - 2022

The average rangefinders import price stood at $95 per unit in 2022, increasing by 3.1% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 101% against the previous year. Over the period under review, average import prices reached the peak figure at $193 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 ($76 per unit), while the price for Malaysia ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.5%), while the prices for the other major suppliers experienced a decline.

Rangefinders Price in Bahrain (FOB) - 2022

The average rangefinders export price stood at $4,579 per unit in 2022, surging by 187% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 2,772%. Over the period under review, the average export prices reached the maximum at $5,568 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($42,109 per unit), while the average price for exports to Austria ($379 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.

Rangefinders Imports in Bahrain

In 2022, after three years of growth, there was decline in purchases abroad of rangefinderses, when their volume decreased by -1.6% to 997 units. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year. Imports peaked at 1K units in 2021, and then contracted in the following year.

In value terms, rangefinders imports stood at $95K in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Rangefinders in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.810.12.515.860.8%
China3.22.82.912.256.2%
Malaysia0.91.23.99.6120.1%
Hungary3.52.54.38.433.9%
Sri LankaN/AN/AN/A1.30%
United Arab Emirates19.44.49.2N/A-31.1%
Netherlands6.96.67.7N/A5.6%
Saudi Arabia2.10.80.1N/A-78.2%
Others31.546.863.047.714.8%
Total71.175.193.694.910.1%

Top Suppliers of Rangefinders to Bahrain in 2022:

  1. China (332.0 units)
  2. Malaysia (282.0 units)
  3. Germany (207.0 units)
  4. Hungary (118.0 units)
  5. Sri Lanka (30.0 units)

Rangefinders Exports in Bahrain

In 2022, after three years of growth, there was significant decline in overseas shipments of rangefinderses, when their volume decreased by -94.7% to 10 units. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 277% against the previous year. The exports peaked at 188 units in 2021, and then shrank notably in the following year.

In value terms, rangefinders exports shrank sharply to $46K in 2022. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1,006%. As a result, the exports reached the peak of $546K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Rangefinders in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A42.10%
Saudi Arabia7.91.41.33.3-25.2%
AustriaN/AN/AN/A0.40%
United Kingdom7.521.710.4N/A17.8%
Kuwait30.551838.3N/A12.1%
United StatesN/AN/A249N/A0%
Others3.35.00.5N/A-61.1%
Total49.354630045.8-2.4%

Top Export Markets for Rangefinders from Bahrain in 2022:

  1. Saudi Arabia (8.0 units)
  2. Panama (1.0 units)
  3. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform

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