Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain - 2022

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $39,216 per unit in 2022, with an increase of 6.1% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 1,460% against the previous year. The import price peaked at $184,056 per unit in 2016; however, from 2017 to 2022, 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 Saudi Arabia ($379,704 per unit), while the price for Kuwait ($11 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 (+7.1%), while the prices for the other major suppliers experienced a decline.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $61,733 per unit in 2022, which is down by -66.2% against the previous year. In general, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,281% against the previous year. Over the period under review, the average export prices reached the maximum at $675,613 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($97,430 per unit), while the average price for exports to Saudi Arabia ($4,668 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 Qatar (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain

After three years of growth, overseas purchases of vessels; other, including warships and lifeboats, other than rowing boatses decreased by -9.1% to 10 units in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of 11 units, and then fell in the following year.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses fell to $392K in 2022. Overall, imports showed a perceptible descent. The smallest decline of -1.8% was in 2021. Over the period under review, imports of hit record highs at $421K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Bahrain in 2022:

1. United States (1.0 units)
2. Saudi Arabia (1.0 units)
3. Netherlands (1.0 units)
4. Taiwan (Chinese) (1.0 units)
5. United Arab Emirates (1.0 units)
6. United Kingdom (1.0 units)
7. Germany (1.0 units)
8. Kuwait (1.0 units)
9. China (1.0 units)
10. Spain (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Bahrain

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses exported from Bahrain reduced rapidly to 6 units, with a decrease of -40% against 2021. In general, exports faced a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 67%. Over the period under review, the exports of attained the maximum at 36 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses contracted sharply to $370K in 2022. Over the period under review, exports continue to indicate a significant contraction. The smallest decline of -55% was in 2020. The exports peaked at $9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Bahrain in 2022:

1. Saudi Arabia (1.0 units)
2. Oman (1.0 units)
3. United Arab Emirates (1.0 units)
4. Qatar (1.0 units)
5. Kuwait (1.0 units)

Source: IndexBox Market Intelligence Platform