Chlorides; of Aluminium Price in Bahrain - 2022
Contents:
Chlorides; of Aluminium Price in Bahrain (CIF) - 2022
The average chlorides; of aluminium import price stood at $488 per ton in 2022, declining by -18.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $645 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($541 per ton), while the price for India totaled $467 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Aluminium Imports in Bahrain
In 2022, approx. 180 tons of chlorides; of aluminia were imported into Bahrain; growing by 13% on the previous year. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, chlorides; of aluminium imports declined to $88K in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 136% against the previous year. As a result, imports attained the peak of $95K, and then contracted in the following year.
| Import of Chlorides; of Aluminium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.6 | 8.8 | 14.7 | 75.5 | 138.0% |
| China | 10.3 | 23.2 | 64.8 | 9.6 | -2.3% |
| United Arab Emirates | 2.1 | 1.0 | 6.3 | N/A | 73.2% |
| Saudi Arabia | 1.9 | 1.8 | 1.5 | N/A | -11.1% |
| Others | 10.6 | 5.5 | 7.9 | 2.7 | -36.6% |
| Total | 30.4 | 40.4 | 95.2 | 87.8 | 42.4% |
Top Suppliers of Chlorides; of Aluminium to Bahrain in 2022:
- India (161.8 tons)
- China (17.7 tons)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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