Price for Waste, Parings and Scrap, of Plastics in Bahrain - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Bahrain (CIF) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Bahrain (FOB) - 2022
3. Imports of Waste, Parings and Scrap, of Plastics in Bahrain
4. Exports of Waste, Parings and Scrap, of Plastics in Bahrain

Price for Waste, Parings and Scrap, of Plastics in Bahrain (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $688 per ton, picking up by 8.9% against the previous year. In general, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2018 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $1,397 per ton in 2013; however, from 2014 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 Spain ($2,416 per ton), while the price for Italy totaled $619 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Waste, Parings and Scrap, of Plastics in Bahrain (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $640 per ton, flattening at the previous year. Overall, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 55% against the previous year. As a result, the export price attained the peak level of $647 per ton, and then fell slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,315 per ton), while the average price for exports to Indonesia ($298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+89.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Waste, Parings and Scrap, of Plastics in Bahrain

Imports of waste, parings and scrap, of plasticses into Bahrain soared to 1K tons in 2022, jumping by 27% on the year before. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 86% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $703K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Bahrain in 2022:

1. Italy (982.4 tons)
2. Spain (39.1 tons)

Exports of Waste, Parings and Scrap, of Plastics in Bahrain

In 2022, the amount of waste, parings and scrap, of plasticses exported from Bahrain surged to 501 tons, picking up by 318% compared with the year before. Overall, exports, however, showed a abrupt decline.

In value terms, exports of waste, parings and scrap, of plasticses soared to $321K in 2022. In general, exports showed a remarkable increase.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Bahrain in 2022:

1. India (244.0 tons)
2. Pakistan (125.0 tons)
3. Indonesia (120.0 tons)
4. Hong Kong SAR (12.0 tons)

Source: IndexBox Market Intelligence Platform