Price for Zinc; Waste and Scrap in Bahrain - 2022
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Price for Zinc; Waste and Scrap in Bahrain (FOB) - 2022
The average zinc; waste and scrap export price stood at $1,639 per ton in 2022, which is down by -22.6% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; waste and scrap export price decreased by -34.5% against 2018 indices. The growth pace was the most rapid in 2017 when the average export price increased by 109%. The export price peaked at $2,502 per ton in 2018; however, from 2019 to 2022, the export prices stood 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 India ($2,406 per ton), while the average price for exports to the United Arab Emirates amounted to $1,154 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.7%).
Exports of Zinc; Waste and Scrap in Bahrain
In 2022, the amount of zinc; waste and scraps exported from Bahrain dropped significantly to 16 tons, reducing by -69.8% compared with 2021 figures. Over the period under review, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year.
In value terms, zinc; waste and scrap exports contracted notably to $27K in 2022. Overall, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 177%.
Export of Zinc; Waste and Scrap in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 87.5 | 27.4 | 105 | 15.1 | -44.3% |
United Arab Emirates | 26.5 | 13.5 | 7.9 | 11.4 | -24.5% |
Netherlands | 35.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 150 | 41.0 | 113 | 26.5 | -43.9% |
Top Export Markets for Zinc; Waste and Scrap from Bahrain in 2022:
- United Arab Emirates (9.9 tons)
- India (6.3 tons)
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