Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $74,390 per ton in 2022, reducing by -32.6% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 139% against the previous year. Over the period under review, average import prices reached the peak figure at $159,534 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($461,760 per ton), while the price for Egypt ($829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $160,400 per ton in 2022, dropping by -7.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 116% against the previous year. As a result, the export price attained the peak level of $337,000 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($163,667 per ton), while the average price for exports to Oman totaled $41,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+155.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain

In 2022, supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses increased by 5.8% to 982 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous decline.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses fell dramatically to $76K in 2022. In general, imports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Bahrain in 2022:

1. Saudi Arabia (282.0 kg)
2. China (193.0 kg)
3. United States (141.0 kg)
4. Thailand (91.0 kg)
5. Switzerland (48.0 kg)
6. Egypt (35.0 kg)
7. South Korea (28.0 kg)
8. Germany (25.0 kg)
9. Netherlands (21.0 kg)
10. Philippines (21.0 kg)
11. Japan (17.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Bahrain

For the fourth year in a row, Bahrain recorded growth in overseas shipments of balances; of a sensitivity of 5cg or better, with or without weightses, which increased by 117% to 26 kg in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $4K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 285%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Bahrain in 2022:

1. Saudi Arabia (24.0 kg)
2. Oman (2.0 kg)

Source: IndexBox Market Intelligence Platform