Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $24,573 per ton, falling by -6.6% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +11.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by +36.1% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 156%. Over the period under review, average import prices reached the maximum at $26,306 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($94,030 per ton), while the price for Niger ($1,418 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $45,961 per ton, which is down by -29.9% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 22%. As a result, the export price attained the peak level of $105,532 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Oman ($404,500 per ton), while the average price for exports to Saudi Arabia ($27,886 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain

In 2022, approx. 7.2 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were imported into Bahrain; with a decrease of -23.9% on the year before. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped notably to $178K in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. As a result, imports reached the peak of $250K, and then contracted dramatically in the following year.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.215.338.330.9-0.3%
Belgium24.820.424.319.0-8.5%
Germany60.98.519.213.5-39.5%
China26.622.929.113.2-20.8%
India13.48.318.411.5-5.0%
Austria5.02.111.610.829.3%
Singapore5.512.99.610.323.3%
Italy4.811.117.27.415.5%
South Korea0.20.13.86.3215.8%
Brazil2.7N/AN/A4.014.0%
United Arab Emirates1.60.10.62.19.5%
Taiwan (Chinese)1.94.81.31.8-1.8%
NigerN/AN/AN/A0.30%
Others56.144.676.847.1-5.7%
Total235151250178-8.8%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Bahrain in 2022:

  1. China (2594.0 kg)
  2. Germany (652.0 kg)
  3. India (500.0 kg)
  4. United States (488.0 kg)
  5. South Korea (421.0 kg)
  6. United Arab Emirates (345.0 kg)
  7. Austria (345.0 kg)
  8. Taiwan (Chinese) (255.0 kg)
  9. Brazil (205.0 kg)
  10. Belgium (202.0 kg)
  11. Niger (182.0 kg)
  12. Italy (177.0 kg)
  13. Singapore (137.0 kg)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses were finally on the rise to reach 254 kg after two years of decline. Overall, exports, however, showed a precipitous shrinkage.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses skyrocketed to $12K in 2022. In general, exports, however, continue to indicate a sharp descent.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia7.114.23.74.9-11.6%
OmanN/A2.81.41.6-24.4%
Germany5.91.60.81.5-36.7%
United Arab Emirates0.10.40.61.0115.4%
United States10.81.3N/A0.3-69.7%
United Kingdom2.10.50.10.2-54.3%
Austria5.9N/AN/A0.1-74.3%
Belgium11.72.8N/AN/A-76.1%
Others7.90.50.62.0-36.7%
Total51.524.07.311.7-39.0%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Bahrain in 2022:

  1. Saudi Arabia (176.0 kg)
  2. United Arab Emirates (18.0 kg)
  3. Germany (18.0 kg)
  4. Oman (4.0 kg)
  5. United States (2.0 kg)
  6. United Kingdom (2.0 kg)
  7. Austria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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