Single Loudspeaker Price in Bahrain - 2022

Contents:

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

Single Loudspeaker Price in Bahrain (CIF) - 2022

The average single loudspeaker import price stood at $39 per unit in 2022, surging by 34% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 58%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($109 per unit), while the price for the Czech Republic ($7.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Single Loudspeaker Price in Bahrain (FOB) - 2022

In 2022, the average single loudspeaker export price amounted to $70 per unit, with an increase of 33% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 124%. As a result, the export price attained the peak level of $113 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($398 per unit), while the average price for exports to the United Arab Emirates ($23 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 States (+85.9%), while the prices for the other major destinations experienced more modest paces of growth.

Single Loudspeaker Imports in Bahrain

In 2022, purchases abroad of single loudspeakers (in enclosure) decreased by -28.3% to 44K units, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 212% against the previous year. As a result, imports reached the peak of 93K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, single loudspeaker imports shrank to $1.7M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Single Loudspeaker in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5591,8151,05696219.8%
China25134129365337.5%
Czech Republic0.1N/A30.930.0569.4%
Hong Kong SARN/A0.814.817.9373.0%
United States14.261723511.9-5.7%
Others61.424216038.8-14.2%
Total8863,0161,7891,71424.6%

Top Suppliers of Single Loudspeaker to Bahrain in 2022:

  1. China (38.4K units)
  2. United Arab Emirates (15.6K units)
  3. Czech Republic (4.1K units)
  4. Hong Kong SAR (2.1K units)
  5. United States (0.1K units)

Single Loudspeaker Exports in Bahrain

In 2022, after three years of growth, there was significant decline in shipments abroad of single loudspeakers (in enclosure), when their volume decreased by -30.8% to 1.6K units. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,778% against the previous year. The exports peaked at 2.3K units in 2021, and then dropped significantly in the following year.

In value terms, single loudspeaker exports dropped to $111K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,719% against the previous year. The exports peaked at $121K in 2021, and then reduced in the following year.

Export of Single Loudspeaker in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.150.311667.5179.2%
EgyptN/A1.5N/A16.0226.6%
BangladeshN/AN/AN/A14.30%
ChinaN/AN/AN/A9.50%
United Arab Emirates0.11.90.11.3135.1%
JordanN/AN/A0.3N/A0%
United StatesN/A5.34.4N/A-17.0%
OthersN/A0.20.22.2231.7%
Total3.359.2121111222.8%

Top Export Markets for Single Loudspeaker from Bahrain in 2022:

  1. Saudi Arabia (1339.0 units)
  2. Bangladesh (55.0 units)
  3. United Arab Emirates (55.0 units)
  4. Egypt (51.0 units)
  5. China (24.0 units)

Source: IndexBox Market Intelligence Platform

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