Molybdenum; Wire Price in Bahrain - 2022
Contents:
- Molybdenum; Wire Price in Bahrain (CIF) - 2022
- Molybdenum; Wire Price in Bahrain (FOB) - 2022
- Molybdenum; Wire Imports in Bahrain
- Molybdenum; Wire Exports in Bahrain
Molybdenum; Wire Price in Bahrain (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $71,190 per ton, approximately equating the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 112%. The import price peaked at $130,950 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 China ($280,000 per ton), while the price for Saudi Arabia stood at $60,750 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.7%).
Molybdenum; Wire Price in Bahrain (FOB) - 2022
The average molybdenum; wire export price stood at $66,857 per ton in 2022, with a decrease of -39.1% against the previous year. Overall, the export price showed a precipitous setback. The export price peaked at $109,750 per ton in 2021, and then dropped dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2021 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -39.1% per year.
Molybdenum; Wire Imports in Bahrain
Molybdenum; wire imports into Bahrain contracted modestly to 21 kg in 2022, dropping by -4.5% compared with the year before. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 267%. As a result, imports attained the peak of 22 kg, and then reduced slightly in the following year.
In value terms, molybdenum; wire imports fell modestly to $1.5K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 412% against the previous year. As a result, imports reached the peak of $1.6K, and then declined modestly in the following year.
| Import of Molybdenum; Wire in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 561 | 294 | 1,320 | 1,215 | 29.4% |
| China | 63.0 | 9.0 | 229 | 280 | 64.4% |
| Indonesia | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 624 | 303 | 1,550 | 1,495 | 33.8% |
Top Suppliers of Molybdenum; Wire to Bahrain in 2022:
- Saudi Arabia (20.0 kg)
- China (1.0 kg)
Molybdenum; Wire Exports in Bahrain
In 2022, the amount of molybdenum; wires exported from Bahrain shrank to 7 kg, waning by -12.5% compared with the year before. Overall, exports saw a drastic downturn.
In value terms, molybdenum; wire exports dropped sharply to $468 in 2022. Over the period under review, exports continue to indicate a sharp descent.
| Export of Molybdenum; Wire in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Hong Kong SAR | 878 | 468 | -46.7% | ||
| Others | N/A | N/A | 0% | ||
| Total | 878 | 468 | -46.7% | ||
Top Export Markets for Molybdenum; Wire from Bahrain in 2022:
- Hong Kong SAR (7.0 kg)
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