Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $92 per unit, dropping by -8.9% against the previous year. In general, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 51%. The import price peaked at $166 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the UK ($274 per unit), while the price for Malaysia ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $110 per unit in 2022, picking up by 11% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices hit record highs at $241 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($465 per unit), while the average price for exports to the Netherlands ($18 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 Kuwait (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain

For the third year in a row, Bahrain recorded decline in purchases abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which decreased by -12.4% to 3.8K units in 2022. Overall, imports continue to indicate a dramatic decline. Imports peaked at 7.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped markedly to $351K in 2022. In general, imports showed a dramatic shrinkage. The smallest decline of -0.1% was in 2021. Imports peaked at $686K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12085.777.364.5-18.7%
China71.111776.249.7-11.3%
Taiwan (Chinese)93.037.244.639.8-24.6%
Japan25.431.133.324.3-1.5%
United Kingdom18.412.14.617.8-1.1%
Poland2.84.05.213.568.9%
United Arab Emirates61.743.127.110.8-44.1%
Saudi Arabia18.82.38.58.3-23.9%
MalaysiaN/AN/AN/A1.40%
Ireland36.25.81.70.4-77.7%
Others238101161120-20.4%
Total686440440351-20.0%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Bahrain in 2022:

  1. China (1365.0 units)
  2. Taiwan (Chinese) (557.0 units)
  3. United States (456.0 units)
  4. United Arab Emirates (419.0 units)
  5. Japan (389.0 units)
  6. Saudi Arabia (153.0 units)
  7. Malaysia (71.0 units)
  8. United Kingdom (65.0 units)
  9. Poland (64.0 units)
  10. Ireland (13.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain

In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Bahrain reduced rapidly to 126 units, declining by -76% on the year before. Overall, exports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 578 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted remarkably to $14K in 2022. Over the period under review, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 3.3%. The exports peaked at $125K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia11640.127.16.7-61.3%
United Arab Emirates0.91.012.22.336.7%
Kuwait4.21.61.91.7-26.0%
United StatesN/AN/AN/A1.30%
Oman0.10.60.10.344.2%
India0.10.10.30.344.2%
NetherlandsN/A3.98.6N/A120.5%
Others3.63.11.71.3-28.8%
Total12550.352.013.9-51.9%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Bahrain in 2022:

  1. Saudi Arabia (28.0 units)
  2. United States (24.0 units)
  3. Kuwait (13.0 units)
  4. India (8.0 units)
  5. United Arab Emirates (5.0 units)
  6. Oman (2.0 units)
  7. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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