Price for Electric Motors; of an Output Not Exceeding 37.5W in Bahrain - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain
Price for Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (CIF) - 2022
In 2022, the average import price for electric motors amounted to $14 per unit, declining by -38.2% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 124% against the previous year. As a result, import price attained the peak level of $43 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($238 per unit), while the price for China ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.4%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (FOB) - 2022
In 2022, the average export price for electric motors amounted to $81 per unit, reducing by -26.4% against the previous year. In general, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 136%. The export price peaked at $219 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($377 per unit), while the average price for exports to Pakistan ($44 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 Nigeria (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain
After three years of growth, purchases abroad of electric motors decreased by -0.1% to 50K units in 2022. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 12%. Imports peaked at 50K units in 2021, and then declined slightly in the following year.
In value terms, imports of electric motors dropped rapidly to $706K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6% against the previous year. As a result, imports attained the peak of $1.1M, and then declined sharply in the following year.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 854 | 830 | 915 | 564 | -12.9% |
| China | 53.9 | 64.9 | 39.8 | 29.2 | -18.5% |
| Others | 232 | 148 | 189 | 112 | -21.6% |
| Total | 1,140 | 1,043 | 1,144 | 706 | -14.8% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Bahrain in 2022:
- India (43.0K units)
- China (4.3K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain
After two years of decline, shipments abroad of electric motors increased by 80% to 451 units in 2022. Over the period under review, exports, however, showed a dramatic shrinkage. The exports peaked at 2.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors surged to $37K in 2022. Overall, exports, however, recorded a sharp setback. The exports peaked at $263K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 2.2 | 4.9 | N/A | 23.9 | 121.5% |
| Saudi Arabia | 139 | 3.2 | 7.2 | 2.6 | -73.5% |
| United Arab Emirates | 21.1 | 3.4 | 3.0 | 1.3 | -60.5% |
| Nigeria | N/A | 0.9 | 0.1 | 1.3 | 20.2% |
| Kuwait | 5.0 | 10.2 | 4.5 | 1.1 | -39.6% |
| Egypt | 6.9 | 1.4 | 1.9 | 0.8 | -51.2% |
| Pakistan | 3.0 | 2.4 | 0.3 | 0.5 | -45.0% |
| United Kingdom | 16.1 | 3.0 | 1.2 | 0.5 | -68.6% |
| Belgium | 14.7 | N/A | N/A | 0.4 | -69.9% |
| Japan | N/A | 0.9 | 2.0 | 0.4 | -33.3% |
| Switzerland | 2.6 | N/A | 0.5 | 0.3 | -51.3% |
| Free Zones | 22.4 | N/A | N/A | N/A | 0% |
| Philippines | 1.4 | N/A | N/A | N/A | 0% |
| Others | 28.4 | 4.8 | 6.9 | 3.4 | -50.7% |
| Total | 263 | 35.2 | 27.6 | 36.6 | -48.2% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Bahrain in 2022:
- Oman (328.0 units)
- Saudi Arabia (37.0 units)
- Pakistan (12.0 units)
- Nigeria (10.0 units)
- United Arab Emirates (9.0 units)
- Japan (9.0 units)
- Egypt (6.0 units)
- Switzerland (4.0 units)
- Belgium (3.0 units)
- Kuwait (3.0 units)
- United Kingdom (2.0 units)
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