Files and Rasps Price in Bahrain - 2022

Contents:

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

Files and Rasps Price in Bahrain (CIF) - 2022

In 2022, the average files and rasps import price amounted to $11 per unit, shrinking by -2.9% against the previous year. Over the period under review, the import price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 93% against the previous year. The import price peaked at $11 per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($38 per unit), while the price for Thailand ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Files and Rasps Price in Bahrain (FOB) - 2022

The average files and rasps export price stood at $3.1 per unit in 2022, with a decrease of -3.3% against the previous year. Overall, the export price showed a noticeable reduction. The growth pace was the most rapid in 2018 when the average export price increased by 107%. As a result, the export price reached the peak level of $27 per unit. From 2019 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 the UK ($27 per unit), while the average price for exports to the United Arab Emirates ($0.9 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 UK (+24.0%), while the prices for the other major destinations experienced mixed trend patterns.

Files and Rasps Imports in Bahrain

In 2022, approx. 6.2K units of files, rasps and similar tools were imported into Bahrain; with an increase of 29% against the year before. Overall, imports showed moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of 124% against the previous year. As a result, imports attained the peak of 12K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, files and rasps imports surged to $65K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60%. As a result, imports attained the peak of $80K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Files and Rasps in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.611.41.126.5253.5%
China1.211.87.221.1160.0%
India1.72.04.63.830.8%
MexicoN/AN/A0.93.5288.9%
Italy0.10.32.42.9207.2%
Colombia0.20.30.10.751.8%
Germany0.430.71.00.614.5%
ThailandN/AN/AN/A0.40%
United Arab Emirates44.04.924.9N/A-24.8%
Others1.618.69.75.752.7%
Total49.980.052.065.29.3%

Top Suppliers of Files and Rasps to Bahrain in 2022:

  1. China (4427.0 units)
  2. United States (697.0 units)
  3. Italy (200.0 units)
  4. India (149.0 units)
  5. Thailand (130.0 units)
  6. Mexico (129.0 units)
  7. Colombia (122.0 units)
  8. Germany (87.0 units)

Files and Rasps Exports in Bahrain

Files and rasps exports from Bahrain surged to 4.1K units in 2022, picking up by 586% compared with the year before. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 15,004% against the previous year. As a result, the exports attained the peak of 7.1K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, files and rasps exports skyrocketed to $13K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,090% against the previous year. As a result, the exports attained the peak of $33K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Files and Rasps in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SudanN/AN/AN/A9.40%
Saudi Arabia0.532.70.70.66.3%
United Arab EmiratesN/AN/A0.10.2100.0%
OthersN/A0.11.02.3379.6%
Total0.532.71.912.6193.2%

Top Export Markets for Files and Rasps from Bahrain in 2022:

  1. Sudan (3.6K units)
  2. United Arab Emirates (0.3K units)
  3. Saudi Arabia (0.1K units)

Source: IndexBox Market Intelligence Platform

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