Price for Winding Wire of Copper in Bahrain - 2022
Contents:
- Price for Winding Wire of Copper in Bahrain (CIF) - 2022
- Price for Winding Wire of Copper in Bahrain (FOB) - 2022
- Imports of Winding Wire of Copper in Bahrain
- Exports of Winding Wire of Copper in Bahrain
Price for Winding Wire of Copper in Bahrain (CIF) - 2022
The average winding wire of copper import price stood at $9,333 per ton in 2022, rising by 5.1% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire of copper import price increased by +67.4% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 35%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($18,667 per ton), while the price for China ($3,645 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Bahrain (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $11,816 per ton, reducing by -15.4% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The growth pace was the most rapid in 2013 an increase of 190%. As a result, the export price attained the peak level of $30,030 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($36,860 per ton), while the average price for exports to the United Arab Emirates ($1,502 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 Egypt (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winding Wire of Copper in Bahrain
In 2022, winding wire of copper imports into Bahrain surged to 130 tons, with an increase of 27% compared with 2021. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, winding wire of copper imports surged to $1.2M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 68%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Winding Wire of Copper in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 114 | 197 | 224 | 561 | 70.1% |
India | 50.0 | 94.6 | 117 | 226 | 65.3% |
United States | 74.4 | 2.0 | 150 | 200 | 39.0% |
Italy | 45.4 | 25.2 | 8.1 | 169 | 55.0% |
China | 18.9 | 78.0 | 35.8 | 35.7 | 23.6% |
Egypt | 64.5 | N/A | N/A | N/A | 0% |
Saudi Arabia | 5.2 | 41.5 | 216 | N/A | 544.5% |
Others | 64.7 | 42.6 | 54.9 | 20.0 | -32.4% |
Total | 437 | 481 | 806 | 1,211 | 40.5% |
Top Suppliers of Winding Wire of Copper to Bahrain in 2022:
- United Arab Emirates (44.3 tons)
- United States (37.1 tons)
- India (19.7 tons)
- Italy (18.3 tons)
- China (9.8 tons)
Exports of Winding Wire of Copper in Bahrain
In 2022, winding wire of copper exports from Bahrain skyrocketed to 9.3 tons, increasing by 1,553% against 2021. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports surged to $110K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Winding Wire of Copper in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | N/A | 0.1 | N/A | 21.5 | 1366.3% |
Jordan | N/A | N/A | N/A | 15.0 | 0% |
Saudi Arabia | 2.1 | 12.7 | 5.3 | 14.5 | 90.4% |
United Arab Emirates | N/A | 0.3 | 0.5 | 3.8 | 255.9% |
Bangladesh | N/A | 1.4 | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 3.2 | 54.8 | 718.3% |
Total | 2.3 | 14.5 | 9.0 | 110 | 263.0% |
Top Export Markets for Winding Wire of Copper from Bahrain in 2022:
- Egypt (3.6 tons)
- United Arab Emirates (2.5 tons)
- Saudi Arabia (0.6 tons)
- Jordan (0.4 tons)
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