Price for Cycles; Parts Thereof, Saddles in Bahrain - 2022

Price for Cycles; Parts Thereof, Saddles in Bahrain (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $4 per unit in 2022, dropping by -15.6% against the previous year. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 288% against the previous year. As a result, import price reached the peak level of $12 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($41 per unit), while the price for China ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cycles; Parts Thereof, Saddles in Bahrain (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $8.4 per unit in 2022, remaining constant against the previous year. Overall, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 85% against the previous year. The export price peaked at $17 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +29.2% per year.

Imports of Cycles; Parts Thereof, Saddles in Bahrain

In 2022, approx. 9.4K units of cycles; parts thereof, saddleses were imported into Bahrain; falling by -43.9% on 2021 figures. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 208% against the previous year. As a result, imports attained the peak of 17K units, and then reduced markedly in the following year.

In value terms, cycles; parts thereof, saddles imports contracted dramatically to $37K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 174% against the previous year. As a result, imports reached the peak of $79K, and then shrank dramatically in the following year.

Import of Cycles; Parts Thereof, Saddles in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.8	7.5	25.2	13.9	0.2%
Taiwan (Chinese)	1.1	5.9	42.4	13.9	132.9%
United Arab Emirates	N/A	5.8	2.5	4.3	-13.9%
Others	3.4	9.6	8.7	5.2	15.2%
Total	18.3	28.8	78.8	37.3	26.8%

Top Suppliers of Cycles; Parts Thereof, Saddles to Bahrain in 2022:

China (8.4K units)
Taiwan (Chinese) (0.3K units)
United Arab Emirates (0.2K units)

Exports of Cycles; Parts Thereof, Saddles in Bahrain

In 2022, approx. 22 units of cycles; parts thereof, saddleses were exported from Bahrain; therefore, remained relatively stable against the previous year. Over the period under review, exports showed a dramatic setback. The smallest decline of 99.9% was in 2021. The exports peaked at 38 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cycles; parts thereof, saddles exports skyrocketed to $185 in 2022. Overall, exports saw a dramatic decline. The exports peaked at $387 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.