Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (CIF) - 2022

The average import price for electric motors and generators stood at $90 per unit in 2022, increasing by 17% against the previous year. Overall, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $162 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 China ($158 per unit), while the price for Saudi Arabia ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.4%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $24 per unit, which is down by -13.7% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 177%. The export price peaked at $183 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($78 per unit), while the average price for exports to Saudi Arabia ($20 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 Oman (-9.9%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain

In 2022, the amount of electric motors and generators imported into Bahrain surged to 31K units, jumping by 23% on 2021. In general, imports recorded a modest increase. The pace of growth appeared the most rapid in 2021 with an increase of 172% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of electric motors and generators soared to $2.8M in 2022. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 180% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2441543901,04862.6%
United Arab Emirates737231550450-15.2%
China28969.2402266-2.7%
Saudi Arabia12.00.644.243.253.3%
Others58123755096818.5%
Total1,8636921,9372,77514.2%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Bahrain in 2022:

  1. Japan (18.2K units)
  2. United Arab Emirates (6.7K units)
  3. Saudi Arabia (2.6K units)
  4. China (1.7K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain

For the fourth consecutive year, Bahrain recorded growth in shipments abroad of electric motors and generators, which increased by 20% to 19K units in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 356% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of electric motors and generators reached $468K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 266%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.3104286355375.6%
United States14.431.157.566.366.4%
Oman6.714.837.014.328.8%
Others23.223.970.832.411.8%
Total47.6174451468114.2%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Bahrain in 2022:

  1. Saudi Arabia (17.9K units)
  2. United States (0.8K units)
  3. Oman (0.2K units)

Source: IndexBox Market Intelligence Platform

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