Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $12,228 per ton in 2022, remaining stable against the previous year. In general, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 229%. Over the period under review, average import prices reached the peak figure at $12,310 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($25,955 per ton), while the price for Italy ($932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $17,721 per ton in 2022, falling by -35.9% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 340% against the previous year. As a result, the export price reached the peak level of $32,451 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
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 the United Arab Emirates ($26,800 per ton), while the average price for exports to Saudi Arabia ($13,257 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 the United Arab Emirates (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain
In 2022, approx. 36 tons of iron or steel; non-threaded cotters and cotter-pinses were imported into Bahrain; with an increase of 364% against the year before. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $437K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.8 | 17.8 | 3.5 | 169 | 254.3% |
| Austria | 12.6 | N/A | 0.1 | 74.6 | 80.9% |
| China | 8.9 | 13.7 | 4.6 | 64.3 | 93.3% |
| United States | 26.4 | 32.7 | 14.5 | 45.2 | 19.6% |
| Germany | 3.9 | 20.5 | 4.4 | 31.9 | 101.5% |
| Japan | 4.2 | 36.3 | 4.2 | 17.9 | 62.1% |
| Italy | 5.0 | 5.2 | 1.6 | 2.1 | -25.1% |
| United Arab Emirates | 91.6 | 28.5 | 47.3 | 0.5 | -82.4% |
| Others | 19.3 | 12.6 | 14.8 | 31.5 | 17.7% |
| Total | 176 | 167 | 94.9 | 437 | 35.4% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Bahrain in 2022:
- China (10.2 tons)
- France (9.2 tons)
- Germany (4.2 tons)
- Austria (2.9 tons)
- Italy (2.2 tons)
- United States (1.9 tons)
- Japan (1.0 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain
Exports of iron or steel; non-threaded cotters and cotter-pinses from Bahrain dropped remarkably to 950 kg in 2022, which is down by -41.1% on the year before. In general, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 30%.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses plummeted to $17K in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports attained the peak of $45K, and then reduced sharply in the following year.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 21.7 | 19.0 | 18.3 | 5.3 | -37.5% |
| United Arab Emirates | N/A | N/A | N/A | 5.1 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 1.6 | 0% |
| Australia | N/A | 0.5 | N/A | 1.4 | 67.3% |
| Singapore | N/A | 0.1 | N/A | 0.7 | 164.6% |
| United States | 0.2 | N/A | N/A | N/A | 0% |
| Oman | 0.1 | 7.8 | 0.5 | N/A | 123.6% |
| Sudan | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 3.1 | 25.7 | 2.7 | -6.7% |
| Total | 22.0 | 30.6 | 44.5 | 16.8 | -8.6% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Bahrain in 2022:
- Saudi Arabia (401.0 kg)
- United Arab Emirates (190.0 kg)
- Hong Kong SAR (101.0 kg)
- Australia (74.0 kg)
- Singapore (32.0 kg)
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