Bahrain - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicone Price in Bahrain - 2022
Contents:
- Silicone Price in Bahrain (CIF) - 2022
- Silicone Price in Bahrain (FOB) - 2022
- Silicone Imports in Bahrain
- Silicone Exports in Bahrain
Silicone Price in Bahrain (CIF) - 2022
The average silicone import price stood at $4,870 per ton in 2022, picking up by 19% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $5,369 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,815 per ton), while the price for Italy ($3,575 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in Bahrain (FOB) - 2022
The average silicone export price stood at $1,948 per ton in 2022, declining by -80% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 547%. As a result, the export price attained the peak level of $9,724 per ton, and then reduced markedly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($19,149 per ton), while the average price for exports to India ($288 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+41.1%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in Bahrain
In 2022, imports of silicones (in primary forms) into Bahrain dropped notably to 334 tons, waning by -26.8% compared with 2021. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 73%.
In value terms, silicone imports reduced to $1.6M in 2022. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year.
Import of Silicone in Bahrain (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 224 | 173 | 266 | 352 | 16.3% |
Belgium | 157 | 276 | 570 | 339 | 29.3% |
Germany | 164 | 217 | 307 | 275 | 18.8% |
United States | 1,005 | 241 | 167 | 252 | -36.9% |
Pakistan | 10.8 | 114 | 180 | 153 | 142.0% |
China | 139 | 99.9 | 105 | 86.8 | -14.5% |
India | 31.1 | 30.1 | 43.0 | 67.2 | 29.3% |
United Arab Emirates | 139 | 139 | 147 | 6.0 | -64.9% |
Others | 127 | 75.7 | 76.6 | 96.3 | -8.8% |
Total | 1,997 | 1,366 | 1,862 | 1,626 | -6.6% |
Top Suppliers of Silicone to Bahrain in 2022:
- Italy (98.4 tons)
- Belgium (76.9 tons)
- United States (51.0 tons)
- Pakistan (41.4 tons)
- Germany (23.3 tons)
- China (16.1 tons)
- India (13.7 tons)
- United Arab Emirates (1.1 tons)
Silicone Exports in Bahrain
In 2022, approx. 26 tons of silicones (in primary forms) were exported from Bahrain; with an increase of 392% against the previous year's figure. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicone exports declined slightly to $50K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 407%. As a result, the exports reached the peak of $51K, and then dropped slightly in the following year.
Export of Silicone in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | N/A | N/A | 3.3 | 19.3 | 484.8% |
United Arab Emirates | 3.6 | 5.4 | N/A | 14.4 | 58.7% |
Saudi Arabia | 0.2 | 3.8 | 26.7 | 5.3 | 198.1% |
India | N/A | N/A | N/A | 1.8 | 0% |
China | N/A | N/A | 14.9 | N/A | 0% |
Others | N/A | 0.7 | 5.7 | 9.1 | 260.6% |
Total | 3.8 | 10.0 | 50.7 | 49.9 | 135.9% |
Top Export Markets for Silicone from Bahrain in 2022:
- Kuwait (16.1 tons)
- India (6.3 tons)
- United Arab Emirates (2.3 tons)
- Saudi Arabia (0.3 tons)
This report provides an in-depth analysis of the silicone market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165700 - Silicones, in primary forms
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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