Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $6,277 per ton, increasing by 6.9% against the previous year. Over the period under review, the import price, however, showed a mild slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $12,231 per ton. From 2014 to 2022, the average import prices remained 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 South Korea ($20,899 per ton), while the price for China ($4,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $16,066 per ton in 2022, jumping by 208% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 214% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +26.7% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain
For the fourth year in a row, Bahrain recorded growth in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals, which increased by 135% to 255 tons in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals surged to $1.6M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 150 | 246 | 253 | 963 | 85.9% |
China | 2.3 | 1.1 | 0.7 | 255 | 380.4% |
Japan | 70.9 | 181 | 23.7 | 200 | 41.3% |
South Korea | 0.3 | 1.5 | 4.1 | 113 | 622.2% |
Netherlands | 0.4 | 33.8 | 26.1 | 62.7 | 439.2% |
Italy | 12.8 | 121 | 89.2 | 0.7 | -62.0% |
Canada | 133 | 192 | 175 | N/A | 14.7% |
Others | 45.6 | 67.5 | 64.2 | 6.5 | -47.8% |
Total | 415 | 844 | 636 | 1,600 | 56.8% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Bahrain in 2022:
- Greece (158.4 tons)
- China (58.6 tons)
- Japan (25.4 tons)
- Netherlands (6.5 tons)
- South Korea (5.4 tons)
- Italy (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain
In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals increased by 11% to 136 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous slump.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $2.2K in 2022. Over the period under review, exports, however, saw a abrupt decline.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.5 | 1.5 | 0.5 | 2.2 | 63.9% |
Saudi Arabia | 2.1 | 0.1 | 0.1 | N/A | -78.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.6 | 1.6 | 0.6 | 2.2 | -5.4% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Bahrain in 2022:
- United Arab Emirates (136.0 kg)
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