Radio Navigation Apparatus Price in Bahrain - 2022

Contents:

  1. Radio Navigation Apparatus Price in Bahrain (CIF) - 2022
  2. Radio Navigation Apparatus Price in Bahrain (FOB) - 2022
  3. Radio Navigation Apparatus Imports in Bahrain
  4. Radio Navigation Apparatus Exports in Bahrain

Radio Navigation Apparatus Price in Bahrain (CIF) - 2022

The average radio navigation apparatus import price stood at $42 per unit in 2022, rising by 1.8% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 188% against the previous year. As a result, import price reached the peak level of $465 per unit. From 2015 to 2022, the average import prices remained 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 Taiwan (Chinese) ($93 per unit), while the price for China ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.0%), while the prices for the other major suppliers experienced a decline.

Radio Navigation Apparatus Price in Bahrain (FOB) - 2022

The average radio navigation apparatus export price stood at $292 per unit in 2022, shrinking by -31.9% against the previous year. Overall, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 an increase of 19,377% against the previous year. As a result, the export price reached the peak level of $7,984 per unit. From 2015 to 2022, the average export prices remained 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 Arab Emirates ($855 per unit), while the average price for exports to Thailand ($32 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+125.6%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Navigation Apparatus Imports in Bahrain

In 2022, supplies from abroad of radio navigational aid apparatus decreased by -17.9% to 16K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 83%. Imports peaked at 19K units in 2021, and then reduced rapidly in the following year.

In value terms, radio navigation apparatus imports dropped remarkably to $661K in 2022. Over the period under review, imports showed a abrupt shrinkage. The smallest decline of -3.1% was in 2021. Imports peaked at $904K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Radio Navigation Apparatus in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China139167218137-0.5%
Lithuania53.770.475.013335.3%
Taiwan (Chinese)92.012155.413212.8%
United Arab Emirates1361931160.1-91.0%
Others484265327259-18.8%
Total904816791661-9.9%

Top Suppliers of Radio Navigation Apparatus to Bahrain in 2022:

  1. China (10.9K units)
  2. Lithuania (2.7K units)
  3. Taiwan (Chinese) (1.4K units)

Radio Navigation Apparatus Exports in Bahrain

In 2022, approx. 310 units of radio navigational aid apparatus were exported from Bahrain; growing by 325% on the previous year's figure. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radio navigation apparatus exports skyrocketed to $90K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Radio Navigation Apparatus in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.6N/AN/A25.7249.9%
KuwaitN/AN/AN/A21.20%
Netherlands7.317.60.716.130.2%
Saudi Arabia0.21.20.18.0242.0%
ThailandN/AN/AN/A6.80%
United StatesN/AN/A1.16.4481.8%
United Kingdom11.01.3N/A0.4-66.9%
Hong Kong SAR0.2N/A0.1N/A-29.3%
Oman4.5N/A28.7N/A152.5%
Others12.11.70.65.9-21.3%
Total35.921.831.390.436.0%

Top Export Markets for Radio Navigation Apparatus from Bahrain in 2022:

  1. Thailand (210.0 units)
  2. United Arab Emirates (30.0 units)
  3. Kuwait (25.0 units)
  4. Netherlands (19.0 units)
  5. Saudi Arabia (11.0 units)
  6. United States (8.0 units)
  7. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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