Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain - 2022
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (CIF) - 2022
In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $936 per ton, almost unchanged from the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. The import price peaked at $959 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,014 per ton), while the price for India ($807 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (FOB) - 2022
In December 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $1,068 per ton, rising by 6.7% against the previous month. Overall, the export price saw temperate growth. The most prominent rate of growth was recorded in April 2022 an increase of 58% m-o-m. Over the period under review, the average export prices hit record highs at $1,172 per ton in August 2022; however, from September 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From December 2021 to December 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +3.4% per month.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron imported into Bahrain shrank dramatically to 24K tons, with a decrease of -18.2% against 2021. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 53%. As a result, imports reached the peak of 29K tons, and then shrank markedly in the following year.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron fell rapidly to $22M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. As a result, imports reached the peak of $27M, and then reduced notably in the following year.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.4 | 7.0 | 12.5 | 10.6 | -2.4% |
| United Arab Emirates | 3.6 | 2.4 | 6.5 | 5.0 | 11.6% |
| Oman | 0.6 | 0.8 | 1.7 | 3.1 | 72.9% |
| Saudi Arabia | 2.1 | 2.7 | 2.0 | 2.1 | 0.0% |
| China | 0.9 | 0.1 | 0.8 | 1.1 | 6.9% |
| Others | 0.5 | 0.1 | 3.6 | 0.2 | -26.3% |
| Total | 19.2 | 13.1 | 27.1 | 22.0 | 4.6% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Bahrain in 2022:
- India (13.1K tons)
- United Arab Emirates (5.4K tons)
- Oman (2.7K tons)
- Saudi Arabia (1.7K tons)
- China (0.5K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain
In 2022, approx. 7.2K tons of tubes, pipes and hollow profiles, of cast iron were exported from Bahrain; waning by -27.7% compared with the year before. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 5.4%.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron rose remarkably to $6.5M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.0 | 4.7 | 5.9 | 5.9 | -5.5% |
| Oman | 1.0 | 0.3 | N/A | 0.4 | -26.3% |
| Others | 0.2 | 0.3 | 0.1 | 0.2 | 0.0% |
| Total | 8.2 | 5.3 | 6.0 | 6.5 | -7.5% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Bahrain in 2022:
- Saudi Arabia (6.3K tons)
- Oman (0.8K tons)
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