Price for Aluminium; Powders and Flakes in Bahrain - 2022

Contents:

1. Price for Aluminium; Powders and Flakes in Bahrain (FOB) - 2022
2. Price for Aluminium; Powders and Flakes in Bahrain (CIF) - 2022
3. Exports of Aluminium; Powders and Flakes in Bahrain
4. Imports of Aluminium; Powders and Flakes in Bahrain

Price for Aluminium; Powders and Flakes in Bahrain (FOB) - 2022

In 2022, the average aluminium; powders and flakes export price amounted to $4,005 per ton, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($5,226 per ton) and South Africa ($4,386 per ton), while the average price for exports to Germany ($3,758 per ton) and India ($3,761 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Bahrain (CIF) - 2022

In 2022, the average aluminium; powders and flakes import price amounted to $4,037 per ton, increasing by 12% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; powders and flakes import price increased by +66.2% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 India ($4,256 per ton), while the price for China totaled $994 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Aluminium; Powders and Flakes in Bahrain

Aluminium; powders and flakes exports from Bahrain expanded notably to 7.6K tons in 2022, picking up by 12% compared with 2021. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes exports surged to $30M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +81.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Aluminium; Powders and Flakes from Bahrain in 2022:

1. United States (1890.9 tons)
2. South Africa (1864.1 tons)
3. India (1310.2 tons)
4. Japan (802.9 tons)
5. Germany (670.7 tons)
6. Saudi Arabia (650.0 tons)
7. South Korea (29.6 tons)

Imports of Aluminium; Powders and Flakes in Bahrain

In 2022, purchases abroad of aluminium; powders and flakeses decreased by -24.4% to 12 tons, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 225% against the previous year. As a result, imports reached the peak of 88 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium; powders and flakes imports reduced notably to $48K in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 232%. As a result, imports reached the peak of $220K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Aluminium; Powders and Flakes to Bahrain in 2022:

1. India (10.3 tons)
2. China (1.4 tons)

Source: IndexBox Market Intelligence Platform