Price for Wood; Statuettes and Other Ornaments of Wood in Bahrain - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Bahrain (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Bahrain (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Bahrain
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Bahrain

Price for Wood; Statuettes and Other Ornaments of Wood in Bahrain (CIF) - 2022

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $5,233 per ton, falling by -15.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. As a result, import price reached the peak level of $6,220 per ton, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($10,856 per ton), while the price for Malaysia ($857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Bahrain (FOB) - 2022

The average export price for wood; statuettes and other ornaments of wood stood at $2,713 per ton in 2022, which is down by -36% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 77% against the previous year. The export price peaked at $4,848 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($51,623 per ton), while the average price for exports to Qatar ($667 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 Oman (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Bahrain

In 2022, imports of wood; statuettes and other ornaments of wood into Bahrain skyrocketed to 50 tons, rising by 50% against 2021. In general, imports, however, showed a relatively flat trend pattern.

In value terms, imports of wood; statuettes and other ornaments of wood soared to $262K in 2022. Overall, imports, however, continue to indicate a noticeable downturn.

Import of Wood; Statuettes and Other Ornaments of Wood in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13885.690.393.6-12.1%
India44.411117.651.75.2%
Indonesia11.220.88.912.22.9%
Hong Kong SAR0.66.812.811.8169.9%
South Korea0.51.412.011.1181.1%
United Arab Emirates19.90.40.36.0-32.9%
Egypt5.05.35.55.53.2%
Thailand10.62.13.03.7-29.6%
Malaysia3.02.72.31.9-14.1%
Others65.343.955.164.4-0.5%
Total298280208262-4.2%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Bahrain in 2022:

  1. China (23.1 tons)
  2. India (12.1 tons)
  3. Egypt (2.4 tons)
  4. Malaysia (2.3 tons)
  5. South Korea (1.6 tons)
  6. Thailand (1.3 tons)
  7. Hong Kong SAR (1.2 tons)
  8. Indonesia (1.1 tons)
  9. United Arab Emirates (1.0 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Bahrain

After two years of decline, shipments abroad of wood; statuettes and other ornaments of wood increased by 837% to 13 tons in 2022. Overall, exports, however, saw a deep setback.

In value terms, exports of wood; statuettes and other ornaments of wood skyrocketed to $36K in 2022. Over the period under review, exports, however, saw a deep reduction.

Export of Wood; Statuettes and Other Ornaments of Wood in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia30.717.92.116.1-19.4%
Oman5.712.52.811.827.4%
Kuwait2.92.90.73.01.1%
United Arab Emirates4.14.80.22.7-13.0%
Others8.34.40.22.1-36.8%
Total51.742.65.935.6-11.7%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Bahrain in 2022:

  1. Saudi Arabia (8.9 tons)
  2. Kuwait (3.5 tons)
  3. United Arab Emirates (0.3 tons)
  4. Oman (0.2 tons)

Source: IndexBox Market Intelligence Platform

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