Isolating Switch Price in Bahrain - 2022

Isolating Switch Price in Bahrain (CIF) - 2022

The average isolating switch import price stood at $33 per unit in 2022, increasing by 19% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 186% against the previous year. As a result, import price attained the peak level of $47 per unit. From 2020 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 Switzerland ($99 per unit), while the price for Thailand ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Isolating Switch Price in Bahrain (FOB) - 2022

The average isolating switch export price stood at $22 per unit in 2022, rising by 38% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 105%. Over the period under review, the average export prices attained the maximum at $24 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Saudi Arabia amounted to +8.5% per year.

Isolating Switch Imports in Bahrain

After two years of decline, supplies from abroad of isolating switches & make-and-break switches increased by 48% to 387K units in 2022. Over the period under review, imports, however, showed a precipitous slump. Over the period under review, imports hit record highs at 1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, isolating switch imports skyrocketed to $13M in 2022. In general, imports, however, continue to indicate a sharp reduction. Imports peaked at $48M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Isolating Switch in Bahrain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	35.2	10.3	4.3	7.8	-39.5%
Germany	9.0	0.6	0.9	1.7	-42.6%
Saudi Arabia	N/A	3.7	0.7	1.0	-48.0%
Japan	1.1	N/A	0.7	1.0	-3.1%
United Arab Emirates	0.6	1.7	0.2	0.3	-20.6%
China	1.0	0.7	0.2	0.3	-33.1%
Thailand	0.1	0.1	N/A	N/A	0.0%
India	0.1	0.1	N/A	N/A	0.0%
Others	1.1	1.2	0.4	0.6	-18.3%
Total	48.1	18.5	7.3	12.9	-35.5%

Top Suppliers of Isolating Switch to Bahrain in 2022:

China (113.7K units)
Switzerland (79.0K units)
United Arab Emirates (43.8K units)
Saudi Arabia (33.7K units)
Thailand (21.3K units)
Germany (18.6K units)
Japan (18.3K units)
India (16.8K units)

Isolating Switch Exports in Bahrain

In 2022, overseas shipments of isolating switches & make-and-break switches were finally on the rise to reach 1.6K units after two years of decline. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports hit record highs at 3.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, isolating switch exports surged to $35K in 2022. In general, exports, however, showed a deep reduction. Over the period under review, the exports attained the maximum at $64K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Isolating Switch in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	15.4	0.4	4.9	34.7	31.1%
Switzerland	N/A	3.0	N/A	N/A	0%
Kuwait	N/A	60.8	N/A	N/A	0%
Yemen	21.3	N/A	N/A	N/A	0%
Others	5.3	N/A	0.3	N/A	-76.2%
Total	42.0	64.2	5.2	34.7	-6.2%