Bahrain - Concrete-Mixer Lorries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBahrain: Concrete-Mixer Lorry Market 2024
Concrete-Mixer Lorry Market Size in Bahrain
After two years of growth, the Bahraini concrete-mixer lorry market decreased by -35.1% to $X in 2022. Overall, consumption continues to indicate a slight downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.
Concrete-Mixer Lorry Production in Bahrain
In value terms, concrete-mixer lorry production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 -6.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 25%. Concrete-mixer lorry production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
Concrete-Mixer Lorry Exports
Exports from Bahrain
In 2022, approx. X units of concrete-mixer lorries were exported from Bahrain; with an increase of 60% against the previous year's figure. Over the period under review, exports recorded resilient growth. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, concrete-mixer lorry exports surged to $X in 2022. Overall, exports saw a buoyant expansion. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Saudi Arabia (X units), Sudan (X units) and the United Arab Emirates (X units) were the main destinations of concrete-mixer lorry exports from Bahrain, with a combined 88% share of total exports. Moreover, concrete-mixer lorry exports in Saudi Arabia exceeded the figures recorded by the second-largest exporter, Sudan, twofold.
From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sudan (with a CAGR of +100.0%), while the other leaders experienced more modest paces of growth.
In value terms, Saudi Arabia ($X) remains the key foreign market for concrete-mixer lorries exports from Bahrain, comprising 62% of total exports. The second position in the ranking was taken by Sudan ($X), with a 17% share of total exports. It was followed by Egypt, with a 12% share.
From 2015 to 2022, the average annual growth rate of value to Saudi Arabia totaled +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+336.9% per year) and Egypt (0.0% per year).
Export Prices by Country
In 2022, the average concrete-mixer lorry export price amounted to $X per unit, rising by 89% against the previous year. Overall, the export price recorded notable growth. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Sudan ($X per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+118.5%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete-Mixer Lorry Imports
Imports into Bahrain
In 2022, approx. X units of concrete-mixer lorries were imported into Bahrain; reducing by -41.2% on 2021. Overall, imports, however, recorded tangible growth. The growth pace was the most rapid in 2016 when imports increased by 120% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.
In value terms, concrete-mixer lorry imports reduced sharply to $X in 2022. In general, imports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 141%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, China (X units) was the main concrete-mixer lorry supplier to Bahrain, with a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China amounted to +25.9%.
In value terms, China ($X) constituted the largest supplier of concrete-mixer lorries to Bahrain.
From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +18.0%.
Import Prices by Country
In 2022, the average concrete-mixer lorry import price amounted to $X per unit, jumping by 35% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1,304.9% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the concrete-mixer lorry market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29105950 - Concrete-mixer lorries
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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