Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,823 per ton, rising by 27% against the previous year. In general, the import price recorded resilient growth. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +16.0% per year.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (FOB) - 2022

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $39,379 per ton in 2022, increasing by 23% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 276% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +23.6% per year.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain

In 2022, supplies from abroad of propylene, other olefin polymers; polyisobutylene in primary formses increased by 90% to 24 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $68K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India18.58.711.367.754.1%
Saudi Arabia12.811.611.4N/A-5.6%
United Arab Emirates0.23.02.8N/A274.2%
Others5.82.62.6N/A-33.0%
Total37.325.928.167.722.0%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Bahrain in 2022:

  1. India (24.0 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain

For the third consecutive year, Bahrain recorded decline in overseas shipments of propylene, other olefin polymers; polyisobutylene in primary formses, which decreased by -20.5% to 66 kg in 2022. Overall, exports recorded a significant curtailment. The smallest decline of -19.4% was in 2021.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses contracted to $2.6K in 2022. Over the period under review, exports saw a slight contraction.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia2.82.72.62.6-2.4%
OthersN/AN/AN/AN/A0%
Total2.82.72.62.6-2.4%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Bahrain in 2022:

  1. Saudi Arabia (66.0 kg)

Source: IndexBox Market Intelligence Platform

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