Price for Cermets; Articles Thereof, Including Waste and Scrap in Bahrain - 2022

Price for Cermets; Articles Thereof, Including Waste and Scrap in Bahrain (CIF) - 2022

The average import price for cermets; articles thereof, including waste and scrap stood at $92,775 per ton in 2022, increasing by 5.7% against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 181%. The import price peaked at $297,576 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United States ($770,000 per ton), while the price for China ($20,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+80.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Bahrain

In 2022, purchases abroad of cermets; articles thereof, including waste and scrap was finally on the rise to reach 40 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous setback.

In value terms, imports of cermets; articles thereof, including waste and scrap soared to $3.7K in 2022. Over the period under review, imports, however, recorded a dramatic downturn.

Import of Cermets; Articles Thereof, Including Waste and Scrap in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	14.6	3.3	1.1	1.7	-51.2%
United States	1.1	0.8	0.2	0.8	-10.1%
United Kingdom	1.1	0.7	0.5	0.8	-10.1%
United Arab Emirates	0.9	0.5	0.3	0.4	-23.7%
China	0.2	N/A	N/A	N/A	0%
Others	N/A	N/A	0.1	N/A	0%
Total	17.9	5.4	2.2	3.7	-40.9%