Price for Silicates; Commercial Alkali Metal Silicates in Bahrain - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Bahrain (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Bahrain (CIF) - 2022
- Exports of Silicates; Commercial Alkali Metal Silicates in Bahrain
- Imports of Silicates; Commercial Alkali Metal Silicates in Bahrain
Price for Silicates; Commercial Alkali Metal Silicates in Bahrain (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $3,439 per ton, surging by 17% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum at $4,964 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
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 +0.9% per year.
Price for Silicates; Commercial Alkali Metal Silicates in Bahrain (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $1,264 per ton in 2022, dropping by -14.2% against the previous year. Overall, the import price, however, continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 105%. As a result, import price reached the peak level of $1,473 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,538 per ton), while the price for Saudi Arabia ($482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates in Bahrain
In 2022, the amount of silicates; commercial alkali metal silicateses exported from Bahrain surged to 70 tons, with an increase of 35% compared with the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates exports skyrocketed to $239K in 2022. Overall, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 151 | 129 | 152 | 239 | 16.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 151 | 129 | 152 | 239 | 16.5% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Bahrain in 2022:
- Saudi Arabia (69.6 tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Bahrain
In 2022, purchases abroad of silicates; commercial alkali metal silicateses decreased by -42.9% to 167 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a noticeable reduction. The growth pace was the most rapid in 2020 when imports increased by 112%. As a result, imports attained the peak of 386 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, silicates; commercial alkali metal silicates imports plummeted to $211K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $431K, and then contracted significantly in the following year.
| Import of Silicates; Commercial Alkali Metal Silicates in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 20.9 | 74.3 | 95.7 | 94.5 | 65.4% |
| United States | 18.1 | 13.8 | 6.3 | 27.9 | 15.5% |
| Sweden | 57.5 | 18.0 | 17.7 | 27.9 | -21.4% |
| Saudi Arabia | 19.8 | 23.4 | 14.1 | 21.0 | 2.0% |
| Indonesia | N/A | N/A | N/A | 13.1 | 0% |
| United Arab Emirates | 42.1 | 83.7 | 46.7 | 11.3 | -35.5% |
| China | N/A | 30.3 | N/A | N/A | 0% |
| Others | 46.9 | 33.6 | 250 | 15.3 | -31.2% |
| Total | 205 | 277 | 431 | 211 | 1.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Bahrain in 2022:
- India (84.0 tons)
- Saudi Arabia (43.7 tons)
- United Arab Emirates (15.0 tons)
- Sweden (11.4 tons)
- Indonesia (5.6 tons)
- United States (3.7 tons)
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