Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (CIF) - 2022
In 2022, the average import price for wood amounted to $56 per cubic meter, leveling off at the previous year. Overall, the import price recorded a perceptible reduction. The growth pace was the most rapid in 2020 an increase of 8.1%. Over the period under review, average import prices reached the maximum at $71 per cubic meter 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 Belgium ($97 per cubic meter), while the price for Germany stood at $53 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.4%).
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (FOB) - 2022
In 2021, the average export price for wood amounted to $18 per cubic meter, surging by 123% against the previous year. Overall, the export price, however, recorded a slight contraction. Over the period under review, the average export prices reached the peak figure at $18 per cubic meter in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2019 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +123.3% per year.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain
In 2022, the amount of wood imported into Bahrain totaled 959 cubic meters, remaining constant against the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.1% 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 -5.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 103%. As a result, imports attained the peak of 1K cubic meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wood totaled $54K in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 119%. As a result, imports reached the peak of $58K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.9 | 54.9 | 38.7 | 47.6 | 27.6% |
| Belgium | 2.9 | 1.6 | 4.0 | 5.0 | 19.9% |
| Portugal | N/A | N/A | 9.8 | N/A | 0% |
| Others | 0.9 | 1.9 | 1.3 | 1.5 | 18.6% |
| Total | 26.6 | 58.3 | 53.8 | 54.1 | 26.7% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Bahrain in 2022:
- Germany (898.0 cubic meters)
- Belgium (51.0 cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain
In 2021, the amount of wood exported from Bahrain amounted to 185 cubic meters, picking up by 10% compared with the year before. Over the period under review, total exports indicated a significant increase from 2019 to 2021: its volume increased at an average annual rate of +21.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, exports of wood skyrocketed to $3.3K in 2021. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Saudi Arabia | N/A | 1.4 | 3.3 | 135.7% | |
| Malta | 2.3 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.3 | 1.4 | 3.3 | 19.8% | |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Bahrain in 2022:
- Saudi Arabia (185.0 cubic meters)
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