Illuminated Sign Price in Bahrain - 2022
Contents:
- Illuminated Sign Price in Bahrain (CIF) - 2022
- Illuminated Sign Price in Bahrain (FOB) - 2022
- Illuminated Sign Imports in Bahrain
- Illuminated Sign Exports in Bahrain
Illuminated Sign Price in Bahrain (CIF) - 2022
The average illuminated sign import price stood at $15,317 per ton in 2022, which is down by -2.1% against the previous year. Overall, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 32% against the previous year. As a result, import price reached the peak level of $29,679 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($84,539 per ton), while the price for Turkey ($7,809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Bahrain (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $18,636 per ton, rising by 20% 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 2015 an increase of 126% against the previous year. Over the period under review, the average export prices attained the peak figure at $24,771 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +13.4% per year.
Illuminated Sign Imports in Bahrain
In 2022, approx. 66 tons of illuminated signs and illuminated name-plates were imported into Bahrain; which is down by -23.4% compared with the year before. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 180%. As a result, imports reached the peak of 86 tons, and then contracted rapidly in the following year.
In value terms, illuminated sign imports dropped markedly to $1M in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 187% against the previous year.
| Import of Illuminated Sign in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 656 | 246 | 518 | 726 | 3.4% |
| China | 138 | 127 | 58.0 | 145 | 1.7% |
| United Kingdom | 116 | 9.4 | 13.0 | 61.9 | -18.9% |
| United States | 25.5 | 12.4 | 25.0 | 35.0 | 11.1% |
| Turkey | 22.8 | 29.9 | 7.4 | 26.9 | 5.7% |
| Finland | 0.2 | N/A | 406 | N/A | 4405.6% |
| Czech Republic | 269 | N/A | 1.6 | N/A | -92.3% |
| Italy | 152 | N/A | N/A | N/A | 0% |
| Others | 219 | 41.9 | 313 | 12.4 | -61.6% |
| Total | 1,599 | 467 | 1,343 | 1,007 | -14.3% |
Top Suppliers of Illuminated Sign to Bahrain in 2022:
- United Arab Emirates (31.1 tons)
- China (9.5 tons)
- Turkey (3.4 tons)
- United Kingdom (1.9 tons)
- United States (0.8 tons)
Illuminated Sign Exports in Bahrain
In 2022, shipments abroad of illuminated signs and illuminated name-plates was finally on the rise to reach 30 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep slump.
In value terms, illuminated sign exports soared to $553K in 2022. Over the period under review, exports, however, faced a abrupt curtailment.
| Export of Illuminated Sign in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 776 | 715 | 168 | 442 | -17.1% |
| Others | 7.2 | 1.1 | -7.5 | 111 | 148.9% |
| Total | 783 | 716 | 161 | 553 | -10.9% |
Top Export Markets for Illuminated Sign from Bahrain in 2022:
- Saudi Arabia (21.2 tons)
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