Bahrain - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in Bahrain - 2022
Contents:
- Passenger Car Tyre Price in Bahrain (CIF) - 2022
- Passenger Car Tyre Price in Bahrain (FOB) - 2022
- Passenger Car Tyre Imports in Bahrain
- Passenger Car Tyre Exports in Bahrain
Passenger Car Tyre Price in Bahrain (CIF) - 2022
In 2022, the average passenger car tyre import price amounted to $55 per unit, with an increase of 15% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $80 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($148 per unit), while the price for China ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Passenger Car Tyre Price in Bahrain (FOB) - 2022
The average passenger car tyre export price stood at $99 per unit in 2022, with an increase of 37% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 59%. The export price peaked at $144 per unit in 2017; however, from 2018 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 Qatar ($142 per unit), while the average price for exports to Iraq ($60 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 China (+63.6%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Tyre Imports in Bahrain
In 2022, approx. 828K units of tyres for motor cars were imported into Bahrain; increasing by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, passenger car tyre imports soared to $45M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Passenger Car Tyre in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.6 | 7.6 | 10.5 | 16.5 | 29.5% |
| China | 11.0 | 12.8 | 12.9 | 14.9 | 10.6% |
| Germany | 1.2 | 1.0 | 1.5 | 2.3 | 24.2% |
| South Korea | 1.2 | 1.3 | 1.2 | 2.1 | 20.5% |
| Thailand | 1.1 | 0.7 | 0.8 | 1.4 | 8.4% |
| United Arab Emirates | 2.0 | 1.6 | 0.8 | N/A | -36.8% |
| Others | 6.1 | 5.6 | 5.8 | 8.2 | 10.4% |
| Total | 30.2 | 30.6 | 33.5 | 45.3 | 14.5% |
Top Suppliers of Passenger Car Tyre to Bahrain in 2022:
- China (435.1K units)
- Japan (242.8K units)
- South Korea (36.5K units)
- Thailand (16.8K units)
- Germany (15.4K units)
Passenger Car Tyre Exports in Bahrain
In 2022, approx. 95K units of tyres for motor cars were exported from Bahrain; growing by 4% on 2021. Overall, exports recorded resilient growth. The growth pace was the most rapid in 2020 with an increase of 123%. As a result, the exports attained the peak of 131K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, passenger car tyre exports skyrocketed to $9.4M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 51%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Passenger Car Tyre in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 2.5 | 3.6 | 3.6 | 20.0% |
| United Arab Emirates | N/A | N/A | N/A | 2.8 | 0% |
| China | N/A | 0.1 | 0.5 | 1.1 | 231.7% |
| Kenya | 2.5 | 2.3 | 1.4 | 1.0 | -26.3% |
| Saudi Arabia | 0.7 | 0.5 | N/A | 0.4 | -17.0% |
| Iraq | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Oman | 0.4 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Others | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
| Total | 4.0 | 6.0 | 6.6 | 9.4 | 33.0% |
Top Export Markets for Passenger Car Tyre from Bahrain in 2022:
- Hong Kong SAR (35.0K units)
- United Arab Emirates (26.8K units)
- China (12.2K units)
- Kenya (9.0K units)
- Saudi Arabia (5.7K units)
- Iraq (1.9K units)
This report provides an in-depth analysis of the passenger car tyre market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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