Price for Machines; Parts and Accessories, of Heading No. 8472 in Bahrain - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain
Price for Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $24,125 per ton in 2022, rising by 2.2% against the previous year. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 an increase of 49%. The import price peaked at $30,499 per ton in 2012; however, from 2013 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 the United States ($87,981 per ton), while the price for Vietnam ($18,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (FOB) - 2022
In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $30,873 per ton, surging by 23% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 97% against the previous year. The export price peaked at $48,357 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($30,875 per ton), while the average price for exports to Oman stood at $30,868 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+28.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain
Imports of machines; parts and accessories, of heading no. 8472 into Bahrain expanded remarkably to 52 tons in 2022, surging by 10% compared with 2021. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 238%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of machines; parts and accessories, of heading no. 8472 expanded notably to $1.2M in 2022. In general, imports posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 252%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 251 | 111 | 785 | 1,012 | 59.2% |
| Taiwan (Chinese) | 5.9 | 6.7 | 24.0 | 52.8 | 107.6% |
| Vietnam | 4.9 | 1.4 | 18.7 | 14.9 | 44.9% |
| India | 275 | 143 | 21.6 | 9.9 | -67.0% |
| Japan | 25.4 | 4.7 | 15.5 | 7.3 | -34.0% |
| Others | 168 | 47.8 | 244 | 153 | -3.1% |
| Total | 731 | 315 | 1,109 | 1,250 | 19.6% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Bahrain in 2022:
- China (46.8 tons)
- Taiwan (Chinese) (0.9 tons)
- Vietnam (0.8 tons)
- India (0.4 tons)
- Japan (0.4 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain
In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by -77% to 1.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,845% against the previous year. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of machines; parts and accessories, of heading no. 8472 contracted notably to $34K in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,825% against the previous year. As a result, the exports attained the peak of $256K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | 250 | 34.3 | 33.2 | -63.6% |
| Kuwait | 13.3 | 5.7 | 10.0 | 0.5 | -66.5% |
| Spain | N/A | N/A | 11.7 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 59.5 | N/A | 0% |
| Others | N/A | 0.4 | 3.7 | 0.1 | -50.0% |
| Total | 13.3 | 256 | 119 | 33.8 | 36.5% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Bahrain in 2022:
- Oman (1077.0 kg)
- Kuwait (16.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Bahrain.
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