Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain - 2022

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (FOB) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (CIF) - 2022
  3. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain
  4. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (FOB) - 2022

In December 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,474 per ton, shrinking by -6.7% against the previous month. Over the period under review, the export price saw a slight setback. The most prominent rate of growth was recorded in May 2022 an increase of 5.9% against the previous month. Over the period under review, the average export prices hit record highs at $4,668 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In December 2022, the countries with the highest prices were the Netherlands ($4,008 per ton) and India ($3,604 per ton), while the average price for exports to the United Arab Emirates ($3,123 per ton) and Saudi Arabia ($3,152 per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (CIF) - 2022

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $2,947 per ton in December 2022, stabilizing at the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 8.9% against the previous month. As a result, import price reached the peak level of $3,472 per ton. From May 2022 to December 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Oman ($5,852 per ton), while the price for the United Arab Emirates ($2,765 per ton) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain

Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Bahrain reduced sharply to 113K tons in 2022, waning by -15.2% against the year before. Overall, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 95%. As a result, the exports reached the peak of 134K tons, and then reduced rapidly in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose markedly to $480M in 2022. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 150%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24340.5124149-15.0%
Netherlands21.318.143.175.252.3%
Saudi Arabia18.225.232.054.043.7%
United Arab Emirates8.823.340.745.272.5%
Turkey2.48.739.033.5140.8%
CanadaN/A0.211.817.8843.4%
India0.314.817.617.2285.6%
Australia7.311.718.917.233.1%
Italy1.14.411.815.6142.1%
PolandN/A2.018.111.2136.6%
Singapore3.74.66.86.822.5%
JordanN/A1.130.91.38.7%
Others12.315.531.435.342.1%
Total31817042648014.7%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Bahrain in 2022:

  1. United States (33.5K tons)
  2. Netherlands (16.4K tons)
  3. Saudi Arabia (14.2K tons)
  4. United Arab Emirates (12.0K tons)
  5. Turkey (8.0K tons)
  6. India (4.5K tons)
  7. Australia (4.2K tons)
  8. Canada (4.0K tons)
  9. Italy (3.7K tons)
  10. Poland (2.4K tons)
  11. Singapore (1.8K tons)
  12. Jordan (0.4K tons)

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain

In 2022, purchases abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms was finally on the rise to reach 3.6K tons after two years of decline. In general, imports, however, showed a dramatic shrinkage.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $12M in 2022. Over the period under review, imports, however, showed a abrupt setback.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.63.02.04.79.3%
United Arab Emirates9.03.93.94.2-22.4%
Saudi Arabia0.60.60.80.914.5%
Oman0.30.10.30.838.7%
India1.20.80.80.4-30.7%
Vietnam6.70.3N/AN/A-95.5%
Others1.11.80.80.7-14.0%
Total22.410.68.511.7-19.5%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Bahrain in 2022:

  1. China (1463.2 tons)
  2. United Arab Emirates (1370.9 tons)
  3. Saudi Arabia (298.4 tons)
  4. Oman (262.0 tons)
  5. India (106.3 tons)

Source: IndexBox Market Intelligence Platform

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