Bahrain: Suspension System Market 2025

Suspension System Market Size in Bahrain

The Bahraini suspension system market reduced slightly to $X in 2022, dropping by -2.6% against the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.1% against 2018 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Suspension System Production in Bahrain

In value terms, suspension system production stood at $X in 2022 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 -1.3% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 48%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Suspension System Exports

Exports from Bahrain

In 2022, suspension system exports from Bahrain shrank to X tons, declining by -7.8% on the previous year. Over the period under review, exports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2017 with an increase of 499% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, suspension system exports contracted rapidly to $X in 2022. Overall, exports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of 874% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for suspension system exports from Bahrain, accounting for a 79% share of total exports. Moreover, suspension system exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. The third position in this ranking was taken by Ghana (X tons), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at +18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+1,417.8% per year) and Ghana (0.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for suspension systems exports from Bahrain, comprising 84% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total exports. It was followed by the United States, with a 1.1% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+1,445.6% per year) and the United States (-19.1% per year).

Export Prices by Country

The average suspension system export price stood at $X per ton in 2022, reducing by -40% against the previous year. Over the period under review, the export price continues to indicate a mild descent. The growth pace was the most rapid in 2017 an increase of 63% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ghana ($X 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 the UK (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Suspension System Imports

Imports into Bahrain

After ten years of growth, purchases abroad of suspension systems decreased by -27.4% to X tons in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 102%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, suspension system imports rose sharply to $X in 2022. In general, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 92%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of suspension system imports to Bahrain, with a combined 65% share of total imports. The United States, Thailand, South Korea, Malaysia, Germany, Pakistan and the United Arab Emirates lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +51.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest suspension system suppliers to Bahrain were Japan ($X), China ($X) and Germany ($X), together accounting for 57% of total imports. The United States, Thailand, Taiwan (Chinese), South Korea, Malaysia, Pakistan and the United Arab Emirates lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Pakistan, with a CAGR of +40.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average suspension system import price stood at $X per ton in 2022, with an increase of 49% against the previous year. Overall, the import price, however, recorded a abrupt decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform