Bahrain: Transport Container Market 2024

Transport Container Market Size in Bahrain

The Bahraini transport container market reduced modestly to $X in 2022, which is down by -3.5% against the previous year. In general, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Transport Container Production in Bahrain

In value terms, transport container production expanded significantly to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 116% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Transport Container Exports

Exports from Bahrain

In 2022, exports of transport containers from Bahrain reduced to X units, waning by -2.7% against 2021. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 277%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, transport container exports expanded modestly to $X in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2015 with an increase of 365% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units), the Netherlands (X units) and Thailand (X units) were the main destinations of transport container exports from Bahrain, with a combined 92% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +30.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for transport container exported from Bahrain were Norway ($X), the Netherlands ($X) and Thailand ($X), together comprising 96% of total exports.

The Netherlands, with a CAGR of +22.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average transport container export price stood at $X per unit in 2022, picking up by 5.1% against the previous year. Over the period under review, the export price enjoyed prominent growth. The growth pace was the most rapid in 2013 an increase of 118% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Norway ($X per unit), while the average price for exports to Saudi Arabia ($X 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 Saudi Arabia (+1.3%), while the prices for the other major destinations experienced a decline.

Transport Container Imports

Imports into Bahrain

In 2022, approx. X units of transport containers were imported into Bahrain; falling by -30.1% on the previous year. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 669%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, transport container imports contracted remarkably to $X in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 341% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

The Netherlands (X units), Thailand (X units) and Norway (X units) were the main suppliers of transport container imports to Bahrain, with a combined 66% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +58.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transport container suppliers to Bahrain were Norway ($X), the Netherlands ($X) and Thailand ($X), with a combined 76% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +50.0%, saw 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 transport container import price stood at $X per unit in 2022, declining by -6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2018 when the average import price increased by 99% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then declined in the following year.

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 Norway ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform