Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (FOB) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $3,439 per ton, surging by 19% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2015 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +3.5% per year.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $734 per ton in 2022, picking up by 57% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $1,040 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,094 per ton), while the price for the United Arab Emirates ($338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+65.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Bahrain soared to 70 tons, picking up by 37% on 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 +92.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $239K in 2022. Overall, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 147 | 106 | 147 | 239 | 17.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 147 | 106 | 147 | 239 | 17.6% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Bahrain in 2022:
- Saudi Arabia (69.6 tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain
In 2022, purchases abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -16.6% to 154 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 109% against the previous year. As a result, imports reached the peak of 243 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $113K in 2022. In general, imports showed a noticeable decline.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.4 | 37.1 | 23.0 | 29.4 | 175.9% |
| Sweden | 65.3 | 20.1 | 22.3 | 27.9 | -24.7% |
| Saudi Arabia | 22.5 | 26.2 | 17.8 | 21.0 | -2.3% |
| Indonesia | N/A | N/A | N/A | 13.1 | 0% |
| United Arab Emirates | 6.5 | 20.9 | 13.1 | 11.3 | 20.2% |
| Others | 24.9 | 27.4 | 10.2 | 10.4 | -25.2% |
| Total | 121 | 132 | 86.5 | 113 | -2.3% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Bahrain in 2022:
- India (57.2 tons)
- Saudi Arabia (43.7 tons)
- United Arab Emirates (33.4 tons)
- Sweden (11.4 tons)
- Indonesia (5.6 tons)
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