Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain - 2022

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (CIF) - 2022

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $17,107 per ton, picking up by 100% against the previous year. Overall, the import price saw a buoyant increase. Over the period under review, average import prices attained the maximum at $20,888 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 ($18,226 per ton), while the price for Thailand ($5,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (FOB) - 2022

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $3,911 per ton, reducing by -67.4% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 107% against the previous year. As a result, the export price reached the peak level of $12,015 per ton, and then dropped markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2015 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +6.1% per year.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain

In 2022, approx. 1.5 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were imported into Bahrain; growing by 301% on the year before. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $25K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.5N/A24.1594.3%
Thailand0.10.10.10.571.0%
China0.40.1N/A0.40.0%
South Korea0.10.10.1N/A0.0%
Japan2.70.70.6N/A-52.9%
MoroccoN/AN/AN/AN/A0%
India0.30.1N/AN/A-66.7%
South Africa1.60.60.8N/A-29.3%
Italy1.40.10.3N/A-53.7%
Saudi ArabiaN/AN/A0.1N/A0%
Others1.41.01.10.1-58.5%
Total8.03.23.125.346.8%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Bahrain in 2022:

  1. United States (1325.0 kg)
  2. Thailand (103.0 kg)
  3. China (40.0 kg)
  4. India (3.0 kg)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain

In 2022, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -63.5% to 1.2 tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 292%. As a result, the exports attained the peak of 3.3 tons, and then shrank sharply in the following year.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor declined dramatically to $4.8K in 2022. Overall, exports recorded a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 711%. As a result, the exports attained the peak of $40K, and then shrank remarkably in the following year.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Bahrain (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Saudi Arabia0.91.34.8130.9%
India4.014.3N/A257.5%
OthersN/A24.4N/A0%
Total4.940.04.8-1.0%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Bahrain in 2022:

  1. Saudi Arabia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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