Bahrain: Vices And Clamps Market 2025

Vices And Clamps Market Size in Bahrain

In 2022, the Bahraini vices and clamps market decreased by -16.4% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Vices And Clamps Exports

Exports from Bahrain

In 2022, overseas shipments of vices and clamps decreased by -88.7% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2016 with an increase of 145% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, vices and clamps exports reduced rapidly to $X in 2022. Over the period under review, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when exports increased by 394% against the previous year. The exports peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for vices and clamps exports from Bahrain, with a 77% share of total exports. Moreover, vices and clamps exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to -30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+168.2% per year) and the United States (+47.5% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for vices and clamps exports from Bahrain, comprising 65% of total exports. The second position in the ranking was taken by Oman ($X), with a 5.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+226.2% per year) and the United States (+31.7% per year).

Export Prices by Country

The average vices and clamps export price stood at $X per ton in 2022, jumping by 102% against the previous year. In general, the export price showed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 256%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United States ($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 Qatar (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into Bahrain

For the fourth consecutive year, Bahrain recorded decline in overseas purchases of vices and clamps, which decreased by -37.6% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 38% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, vices and clamps imports declined sharply to $X in 2022. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 63%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of vices and clamps imports to Bahrain, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +7.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest vices and clamps suppliers to Bahrain were China ($X), the United States ($X) and the United Arab Emirates ($X), together accounting for 63% of total imports. The UK, India, Saudi Arabia, Taiwan (Chinese) and Turkey lagged somewhat behind, together comprising a further 19%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +8.4%, 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

In 2022, the average vices and clamps import price amounted to $X per ton, declining by -11.1% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 93% against the previous year. The import price peaked at $X per ton in 2021, and then fell 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 the United States ($X per ton), while the price for Saudi Arabia ($X per ton) 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 (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform