Key Market Indicators
Bahrain's export of electrical equipment is projected to decline to approximately $83.6 million by 2028, down from $102.1 million in 2023. This represents an average annual decrease of 3.2%. Despite this forecasted decline, Bahraini supply had seen a modest annual growth rate of 0.6% since 2005. In contrast, Bahrain's import of electrical equipment is expected to surge to around $2.18 billion by 2028, up from $1.84 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.7%. Since 2005, the country's demand for electrical equipment has experienced a consistent annual increase of 3.6%.
