Silicates; Sodium Metasilicates Price in Bahrain - 2022

Contents:

  1. Silicates; Sodium Metasilicates Price in Bahrain (CIF) - 2022
  2. Silicates; Sodium Metasilicates Imports in Bahrain

Silicates; Sodium Metasilicates Price in Bahrain (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $14,423 per ton in 2022, picking up by 2,314% against the previous year. Overall, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +24.6% per year.

Silicates; Sodium Metasilicates Imports in Bahrain

For the third year in a row, Bahrain recorded decline in purchases abroad of silicates; sodium metasilicateses, which decreased by -93.1% to 1.5 tons in 2022. In general, imports recorded a precipitous curtailment. The smallest decline of -7.7% was in 2020.

In value terms, silicates; sodium metasilicates imports skyrocketed to $22K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silicates; Sodium Metasilicates in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.30.13.822.2319.8%
China1.82.11.4N/A-11.8%
United Arab Emirates10.69.85.1N/A-30.6%
Saudi Arabia1.51.50.9N/A-22.5%
Others3.31.92.1N/A-20.2%
Total17.515.413.322.28.3%

Top Suppliers of Silicates; Sodium Metasilicates to Bahrain in 2022:

  1. United States (1.5 tons)

Source: IndexBox Market Intelligence Platform

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