Price for Non-Keyboard Electrical Musical Instruments in Bahrain - 2022

Contents:

  1. Price for Non-Keyboard Electrical Musical Instruments in Bahrain (CIF) - 2022
  2. Price for Non-Keyboard Electrical Musical Instruments in Bahrain (FOB) - 2022
  3. Imports of Non-Keyboard Electrical Musical Instruments in Bahrain
  4. Exports of Non-Keyboard Electrical Musical Instruments in Bahrain

Price for Non-Keyboard Electrical Musical Instruments in Bahrain (CIF) - 2022

In 2022, the average non-keyboard electrical musical instruments import price amounted to $276 per unit, waning by -34.8% against the previous year. In general, the import price, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 165% against the previous year. The import price peaked at $423 per unit in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,520 per unit), while the price for China ($85 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+82.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Keyboard Electrical Musical Instruments in Bahrain (FOB) - 2022

In 2022, the average non-keyboard electrical musical instruments export price amounted to $100 per unit, picking up by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 116%. Over the period under review, the average export prices attained the peak figure at $323 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($182 per unit), while the average price for exports to Sweden ($7 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 Germany (+22.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Keyboard Electrical Musical Instruments in Bahrain

In 2022, the amount of non-keyboard electrical musical instrumentses imported into Bahrain surged to 1.5K units, rising by 176% against the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-keyboard electrical musical instruments imports surged to $401K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 398%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Non-Keyboard Electrical Musical Instruments in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.912.08.910135.2%
Indonesia11.44.87.866.279.7%
United States18.25.817.064.652.5%
United Arab Emirates0.70.26.942.1291.8%
United Kingdom3.80.91666.318.4%
Others49.221.116.212135.0%
Total12444.822340147.9%

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Bahrain in 2022:

  1. China (1190.0 units)
  2. Indonesia (89.0 units)
  3. United States (60.0 units)
  4. United Arab Emirates (35.0 units)
  5. United Kingdom (16.0 units)

Exports of Non-Keyboard Electrical Musical Instruments in Bahrain

In 2022, approx. 8 units of non-keyboard electrical musical instrumentses were exported from Bahrain; with an increase of 14% against the previous year. Over the period under review, exports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 51 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-keyboard electrical musical instruments exports skyrocketed to $801 in 2022. Overall, exports, however, showed a dramatic decline. Over the period under review, the exports hit record highs at $16K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Keyboard Electrical Musical Instruments in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8.52.60.40.5-61.1%
PortugalN/AN/AN/A0.10%
United Arab Emirates0.90.50.10.1-51.9%
Spain4.0N/AN/AN/A0%
Thailand0.30.1N/AN/A-66.7%
SwedenN/AN/AN/AN/A0%
OmanN/A13.0N/AN/A0%
Seychelles0.2N/AN/AN/A0%
PakistanN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.916.00.50.8-61.4%

Top Export Markets for Non-Keyboard Electrical Musical Instruments from Bahrain in 2022:

  1. United Kingdom (3.0 units)
  2. Pakistan (1.0 units)
  3. Portugal (1.0 units)
  4. United Arab Emirates (1.0 units)
  5. Sweden (1.0 units)
  6. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Musical instruments; (other than keyboard), the sound of which is produced or must be amplified electrically - Bahrain