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Bahrain - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Alloy Wire Price in Bahrain - 2022
Contents:
- Aluminium Alloy Wire Price in Bahrain (FOB) - 2022
- Aluminium Alloy Wire Price in Bahrain (CIF) - 2022
- Aluminium Alloy Wire Exports in Bahrain
- Aluminium Alloy Wire Imports in Bahrain
Aluminium Alloy Wire Price in Bahrain (FOB) - 2022
The average aluminium alloy wire export price stood at $3,464 per ton in 2022, rising by 7.4% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy wire export price increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,151 per ton), while the average price for exports to Saudi Arabia ($2,079 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 Colombia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Alloy Wire Price in Bahrain (CIF) - 2022
The average aluminium alloy wire import price stood at $4,266 per ton in 2022, increasing by 22% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. The import price peaked at $4,310 per ton in 2012; afterwards, it flattened through to 2022.
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 Spain ($4,672 per ton), while the price for Saudi Arabia ($1,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+78.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Alloy Wire Exports in Bahrain
In 2022, aluminium alloy wire exports from Bahrain surged to 33K tons, with an increase of 16% on 2021 figures. Overall, exports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 46K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, aluminium alloy wire exports soared to $115M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Aluminium Alloy Wire in Bahrain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 11.6 | 15.4 | 5.8 | 10.8 | -2.4% |
Ecuador | 3.2 | 3.4 | 4.6 | 9.4 | 43.2% |
Morocco | 13.8 | 10.8 | 14.2 | 6.7 | -21.4% |
Saudi Arabia | 2.5 | 0.9 | 2.8 | 6.0 | 33.9% |
Colombia | 4.2 | 3.6 | 4.9 | 3.7 | -4.1% |
Egypt | 2.2 | 3.2 | 1.6 | 1.9 | -4.8% |
United Kingdom | 0.1 | 0.1 | 0.1 | 1.5 | 146.6% |
Thailand | 0.8 | 1.0 | 2.6 | 1.5 | 23.3% |
Spain | 0.6 | 0.4 | 1.1 | 1.3 | 29.4% |
United States | 7.6 | 3.9 | 4.8 | 1.3 | -44.5% |
Mexico | 0.6 | 0.9 | 1.3 | 1.1 | 22.4% |
Tunisia | 1.3 | 2.3 | 3.2 | 1.1 | -5.4% |
Costa Rica | N/A | N/A | N/A | 0.9 | 0% |
Others | 38.2 | 53.5 | 45.1 | 68.1 | 21.3% |
Total | 86.7 | 99.6 | 92.2 | 115 | 9.9% |
Top Export Markets for Aluminium Alloy Wire from Bahrain in 2022:
- Algeria (4.8K tons)
- Ecuador (4.5K tons)
- Morocco (3.0K tons)
- Saudi Arabia (2.9K tons)
- Colombia (1.5K tons)
- Egypt (0.8K tons)
- Thailand (0.6K tons)
- United States (0.5K tons)
- Mexico (0.5K tons)
- United Kingdom (0.5K tons)
- Tunisia (0.5K tons)
- Spain (0.5K tons)
- Costa Rica (0.4K tons)
Aluminium Alloy Wire Imports in Bahrain
In 2022, approx. 1.5K tons of aluminium alloy wire were imported into Bahrain; stabilizing at the year before. In general, imports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2020 when imports increased by 27%. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, aluminium alloy wire imports soared to $6.3M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Alloy Wire in Bahrain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.1 | 1.7 | 2.0 | 2.3 | 184.4% |
Mozambique | N/A | N/A | N/A | 1.8 | 0% |
Netherlands | 3.3 | 0.8 | 1.5 | 1.1 | -30.7% |
Saudi Arabia | 0.5 | 0.7 | 1.6 | 0.7 | 11.9% |
Spain | 1.6 | 2.6 | 1.3 | 0.4 | -37.0% |
United Kingdom | 1.4 | 0.4 | N/A | N/A | -71.4% |
Others | -0.9 | 0.2 | -1.2 | N/A | 15.5% |
Total | 5.9 | 6.3 | 5.2 | 6.3 | 2.2% |
Top Suppliers of Aluminium Alloy Wire to Bahrain in 2022:
- China (662.9 tons)
- Mozambique (655.2 tons)
- Saudi Arabia (360.5 tons)
- Netherlands (266.6 tons)
- Spain (85.8 tons)
This report provides an in-depth analysis of the aluminium alloy wire 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 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
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
-
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
This report provides an in-depth analysis of the aluminium alloy wire market in Bahrain.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the aluminium alloy wire market in Bahrain.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
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