Price for Steel, Stainless; Ingots and Other Primary Forms in Bahrain - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Bahrain (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Bahrain
Price for Steel, Stainless; Ingots and Other Primary Forms in Bahrain (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $1,378 per ton in 2022, dropping by -54.5% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 620%. The import price peaked at $4,819 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, 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 +24.6% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Bahrain
In 2022, the amount of steel, stainless; ingots and other primary formses imported into Bahrain soared to 435 tons, with an increase of 8,268% against 2021 figures. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; ingots and other primary formses surged to $599K in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 1.8 | 591 | 32733.3% |
| United Kingdom | N/A | 5.2 | N/A | N/A | 0% |
| Others | 10.5 | 2.8 | 13.9 | 8.1 | -8.3% |
| Total | 10.5 | 8.1 | 15.7 | 599 | 285.0% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Bahrain in 2022:
- Saudi Arabia (434.4 tons)
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