Price for Liquid Elevators; Parts Thereof in Bahrain - 2022

Contents:

1. Price for Liquid Elevators; Parts Thereof in Bahrain (CIF) - 2022
2. Price for Liquid Elevators; Parts Thereof in Bahrain (FOB) - 2022
3. Imports of Liquid Elevators; Parts Thereof in Bahrain
4. Exports of Liquid Elevators; Parts Thereof in Bahrain

Price for Liquid Elevators; Parts Thereof in Bahrain (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $14,083 per ton in 2022, dropping by -32.1% against the previous year. In general, the import price, however, posted measured growth. The pace of growth was the most pronounced in 2013 an increase of 137% against the previous year. Over the period under review, average import prices reached the maximum at $23,989 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Italy ($41,929 per ton), while the price for Turkey ($4,019 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquid Elevators; Parts Thereof in Bahrain (FOB) - 2022

In 2022, the average liquid elevators; parts thereof export price amounted to $45,433 per ton, standing approx. at the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators; parts thereof export price increased by +8.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 42%. Over the period under review, the average export prices attained the peak figure at $49,314 per ton in 2019; however, from 2020 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 ($243,167 per ton), while the average price for exports to the United States ($7,686 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 Oman (+9.6%).

Imports of Liquid Elevators; Parts Thereof in Bahrain

In 2022, the amount of liquid elevators; parts thereoves imported into Bahrain fell to 15 tons, with a decrease of -6.3% on 2021. Overall, imports continue to indicate a drastic downturn.

In value terms, liquid elevators; parts thereof imports shrank significantly to $236K in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26%.

Top Suppliers of Liquid Elevators; Parts Thereof to Bahrain in 2022:

1. Saudi Arabia (6.7 tons)
2. China (4.4 tons)
3. Netherlands (1.8 tons)
4. United Arab Emirates (0.5 tons)
5. Germany (0.4 tons)
6. Turkey (0.3 tons)
7. United States (0.3 tons)

Exports of Liquid Elevators; Parts Thereof in Bahrain

In 2022, approx. 4.3 tons of liquid elevators; parts thereoves were exported from Bahrain; increasing by 97% against 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 3,924% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, liquid elevators; parts thereof exports soared to $195K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,275%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Liquid Elevators; Parts Thereof from Bahrain in 2022:

1. Saudi Arabia (4.1 tons)
2. United States (0.1 tons)
3. Oman (0.1 tons)

Source: IndexBox Market Intelligence Platform