Price for Rubber Thread and Cord; Textile Covered in Bahrain - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Bahrain (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Bahrain (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Bahrain
- Exports of Rubber Thread and Cord; Textile Covered in Bahrain
Price for Rubber Thread and Cord; Textile Covered in Bahrain (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $4,928 per ton, with an increase of 7.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($78,649 per ton), while the price for Thailand ($1,706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber Thread and Cord; Textile Covered in Bahrain (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $17,772 per ton, reducing by -2% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the maximum at $18,138 per ton in 2021, and then contracted in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($21,000 per ton), while the average price for exports to Saudi Arabia totaled $17,681 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+21.6%).
Imports of Rubber Thread and Cord; Textile Covered in Bahrain
In 2022, imports of rubber thread and cord; textile covereds into Bahrain skyrocketed to 104 tons, jumping by 140% compared with the previous year's figure. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 232% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of rubber thread and cord; textile covereds surged to $512K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 465%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Rubber Thread and Cord; Textile Covered in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 20.6 | 85.0 | 85.5 | 373 | 162.6% |
| Saudi Arabia | 0.4 | 16.5 | 13.7 | 41.5 | 369.9% |
| Netherlands | 3.9 | 20.3 | 29.5 | 33.4 | 104.6% |
| China | 4.5 | 58.3 | 26.2 | 12.1 | 39.1% |
| Pakistan | 0.2 | 0.2 | 6.9 | 8.3 | 246.2% |
| Thailand | 0.4 | 3.9 | 6.2 | 7.8 | 169.2% |
| Turkey | 0.6 | 3.3 | 4.9 | 5.7 | 111.8% |
| Others | 6.5 | 21.9 | 25.5 | 30.1 | 66.7% |
| Total | 37.0 | 209 | 198 | 512 | 140.1% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Bahrain in 2022:
- United Arab Emirates (76.4 tons)
- Saudi Arabia (10.8 tons)
- Netherlands (4.8 tons)
- Thailand (4.6 tons)
- Pakistan (2.3 tons)
- China (2.0 tons)
- Turkey (1.2 tons)
Exports of Rubber Thread and Cord; Textile Covered in Bahrain
After two years of decline, overseas shipments of rubber thread and cord; textile covereds increased by 12% to 145 kg in 2022. Over the period under review, exports, however, saw a sharp contraction.
In value terms, exports of rubber thread and cord; textile covereds rose significantly to $2.6K in 2022. Overall, exports, however, continue to indicate a precipitous setback.
| Export of Rubber Thread and Cord; Textile Covered in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 12.5 | 5.3 | 2.2 | 2.5 | -41.5% |
| United Arab Emirates | 0.9 | 0.3 | 0.1 | 0.1 | -51.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 5.6 | 2.4 | 2.6 | -42.1% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Bahrain in 2022:
- Saudi Arabia (141.0 kg)
- United Arab Emirates (4.0 kg)
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