Price for Poly(Lactic Acid); in Primary Forms in Bahrain - 2022

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Bahrain (CIF) - 2022
  2. Imports of Poly(Lactic Acid); in Primary Forms in Bahrain

Price for Poly(Lactic Acid); in Primary Forms in Bahrain (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $5,462 per ton in 2022, growing by 23% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The import price peaked at $12,987 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,605 per ton), while the price for India totaled $5,417 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-7.1%).

Imports of Poly(Lactic Acid); in Primary Forms in Bahrain

In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -43.6% to 3.1 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 8 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, poly(lactic acid); in primary forms imports contracted notably to $17K in 2022. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Poly(Lactic Acid); in Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A13.00%
United StatesN/AN/AN/A4.20%
Germany18.731.924.8N/A15.2%
OthersN/A0.5N/AN/A0%
Total18.732.424.817.2-2.7%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Bahrain in 2022:

  1. India (2.4 tons)
  2. United States (0.7 tons)

Source: IndexBox Market Intelligence Platform

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