Price for Salts of Oxometallic or Peroxometallic Acids in Bahrain - 2022

Price for Salts of Oxometallic or Peroxometallic Acids in Bahrain (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $610 per ton in 2022, which is down by -44.9% against the previous year. In general, the import price faced a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $3,094 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 India ($2,048 per ton), while the price for Saudi Arabia ($502 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Salts of Oxometallic or Peroxometallic Acids in Bahrain (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $5,350 per ton in 2022, increasing by 6.2% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The export price peaked at $38,450 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to -6.6% per year.

Imports of Salts of Oxometallic or Peroxometallic Acids in Bahrain

Imports of salts of oxometallic or peroxometallic acidses into Bahrain reduced dramatically to 388 tons in 2022, shrinking by -21.8% compared with the previous year's figure. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 172% against the previous year. As a result, imports reached the peak of 496 tons, and then reduced dramatically in the following year.

In value terms, imports of salts of oxometallic or peroxometallic acidses reduced rapidly to $237K in 2022. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 104%. As a result, imports reached the peak of $549K, and then fell markedly in the following year.

Import of Salts of Oxometallic or Peroxometallic Acids in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	46.8	48.2	213	189	59.2%
China	5.4	3.8	4.7	12.1	30.9%
India	130	105	165	0.1	-90.8%
United Arab Emirates	126	101	5.4	N/A	-79.3%
Others	11.6	10.9	162	35.6	45.3%
Total	320	269	549	237	-9.5%

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Bahrain in 2022:

Saudi Arabia (376.3 tons)
China (7.0 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Bahrain

In 2022, after two years of decline, there was significant growth in shipments abroad of salts of oxometallic or peroxometallic acidses, when their volume increased by 735% to 217 kg. Over the period under review, exports, however, showed a dramatic curtailment.

In value terms, exports of salts of oxometallic or peroxometallic acidses surged to $1.2K in 2022. In general, exports, however, continue to indicate a dramatic slump.