Bahrain: Market for Ballasts For Discharge Lamps Or Tubes 2024

Market Size for Ballasts For Discharge Lamps Or Tubes in Bahrain

The Bahraini ballast for discharge lamp market stood at $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Ballast for discharge lamp consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Ballasts For Discharge Lamps Or Tubes in Bahrain

In value terms, ballast for discharge lamp production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Bahrain

In 2022, shipments abroad of ballasts for discharge lamps or tubes was finally on the rise to reach X units after three years of decline. Overall, exports, however, faced a sharp decrease. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports soared to $X in 2022. In general, exports, however, saw a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for ballast for discharge lamp exports from Bahrain, with a X% share of total exports. It was followed by the United Arab Emirates (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for ballasts for discharge lamps or tubes exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%.

Export Prices by Country

In 2022, the average ballast for discharge lamp export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Bahrain

In 2022, ballast for discharge lamp imports into Bahrain declined remarkably to X units, waning by X% against the year before. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ballast for discharge lamp imports shrank remarkably to $X in 2022. Over the period under review, imports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, Saudi Arabia (X units) constituted the largest supplier of ballast for discharge lamp to Bahrain, with a X% share of total imports. Moreover, ballast for discharge lamp imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of ballasts for discharge lamps or tubes to Bahrain, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

The average ballast for discharge lamp import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ballast for discharge lamp import price increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($X per unit) and France ($X per unit), while the price for Bulgaria ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform