Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain - 2022

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (FOB) - 2022
  2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (CIF) - 2022
  3. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain
  4. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $4,579 per ton in 2022, approximately equating the previous year. Over the period under review, the export price saw significant growth. The pace of growth appeared the most rapid in 2015 an increase of 34% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +30.0% per year.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (CIF) - 2022

In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $6,068 per ton, remaining stable against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 74% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($17,480 per ton), while the price for India amounted to $5,819 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain

In 2022, after two years of decline, there was decline in shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses, when their volume decreased by 0% to 1.7 tons. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $7.7K in 2022. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.4N/AN/A7.7168.0%
OthersN/AN/AN/AN/A0%
Total0.4N/AN/A7.7168.0%

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Bahrain in 2022:

  1. United Arab Emirates (1.7 tons)

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain

In 2022, purchases abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by 0% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2020 with an increase of 1.7% against the previous year. As a result, imports attained the peak of 1.2 tons; afterwards, it flattened through to 2022.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $7.1K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A0.1N/A6.7718.5%
Saudi ArabiaN/AN/AN/A0.40%
Germany0.20.2N/AN/A0.0%
United Kingdom0.10.1N/AN/A0.0%
South Africa1.93.4N/AN/A78.9%
Others0.10.1N/AN/A0.0%
Total2.34.0N/A7.145.6%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Bahrain in 2022:

  1. India (1144.0 kg)
  2. Saudi Arabia (25.0 kg)

Source: IndexBox Market Intelligence Platform

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