Price for Ferrous Waste and Scrap; of Cast Iron in Bahrain - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Bahrain (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Bahrain (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Cast Iron in Bahrain
- Imports of Ferrous Waste and Scrap; of Cast Iron in Bahrain
Price for Ferrous Waste and Scrap; of Cast Iron in Bahrain (FOB) - 2022
The average export price for ferrous waste and scrap; of cast ira stood at $568 per ton in 2022, surging by 24% against the previous year. In general, the export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2021 an increase of 53%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($6,792 per ton), while the average price for exports to Indonesia ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in Bahrain (CIF) - 2022
The average import price for ferrous waste and scrap; of cast ira stood at $1,312 per ton in 2022, reducing by -5.4% against the previous year. In general, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 72% against the previous year. The import price peaked at $1,387 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,765 per ton), while the price for China ($602 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+49.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Cast Iron in Bahrain
Exports of ferrous waste and scrap; of cast ira from Bahrain soared to 880 tons in 2022, increasing by 18% against 2021 figures. The total export volume increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ferrous waste and scrap; of cast ira soared to $500K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 72%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Ferrous Waste and Scrap; of Cast Iron in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 49.8 | 43.3 | 79.9 | 124 | 35.5% |
| Thailand | 51.5 | 39.6 | 64.7 | 89.2 | 20.1% |
| Pakistan | 56.8 | 39.4 | 58.0 | 72.0 | 8.2% |
| Philippines | 22.2 | 19.3 | 35.6 | 55.5 | 35.7% |
| India | 18.2 | 10.0 | 19.0 | 50.1 | 40.1% |
| Indonesia | 16.9 | 13.9 | 24.4 | 36.1 | 28.8% |
| Vietnam | 13.6 | 11.6 | 21.0 | 32.0 | 33.0% |
| United Arab Emirates | 24.9 | 15.3 | 20.1 | 22.1 | -3.9% |
| Saudi Arabia | 4.4 | 3.8 | 7.1 | 11.1 | 36.1% |
| Others | 4.1 | 3.1 | 12.2 | 7.2 | 20.6% |
| Total | 263 | 199 | 342 | 500 | 23.9% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Bahrain in 2022:
- Thailand (280.6 tons)
- Indonesia (175.2 tons)
- Pakistan (167.7 tons)
- Vietnam (83.3 tons)
- India (62.9 tons)
- United Arab Emirates (51.4 tons)
- Iran (18.3 tons)
- Philippines (17.3 tons)
- Saudi Arabia (15.7 tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in Bahrain
For the third consecutive year, Bahrain recorded decline in purchases abroad of ferrous waste and scrap; of cast ira, which decreased by -45.6% to 34 tons in 2022. Over the period under review, imports faced a dramatic shrinkage. The smallest decline of -34.4% was in 2020.
In value terms, imports of ferrous waste and scrap; of cast ira dropped rapidly to $44K in 2022. Overall, imports faced a significant contraction. The smallest decline of -22.1% was in 2020.
| Import of Ferrous Waste and Scrap; of Cast Iron in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 85.0 | 69.1 | 43.2 | 22.9 | -35.4% |
| Germany | 41.3 | 33.6 | 21.0 | 11.1 | -35.5% |
| China | 21.7 | 17.6 | 11.0 | 5.8 | -35.6% |
| United Arab Emirates | 4.1 | 2.9 | 1.6 | 0.7 | -44.5% |
| India | 17.1 | 8.7 | 2.6 | 0.6 | -67.3% |
| Others | 12.6 | 9.7 | 6.5 | 2.9 | -38.7% |
| Total | 182 | 142 | 85.9 | 44.1 | -37.7% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Bahrain in 2022:
- Saudi Arabia (21.7 tons)
- China (9.7 tons)
- United Arab Emirates (0.7 tons)
- India (0.6 tons)
- Germany (0.4 tons)
209
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bahrain.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
209
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bahrain.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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