Sulphates; of Magnesium Price in Bahrain - 2022
Contents:
Sulphates; of Magnesium Price in Bahrain (CIF) - 2022
In 2022, the average sulphates; of magnesium import price amounted to $302 per ton, with a decrease of -71% against the previous year. Over the period under review, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 187% against the previous year. As a result, import price attained the peak level of $2,156 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($725 per ton), while the price for the United Arab Emirates ($19 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Magnesium Imports in Bahrain
In 2022, approx. 853 tons of sulphates; of magnesia were imported into Bahrain; picking up by 1,882% on the previous year. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of magnesium imports skyrocketed to $258K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Magnesium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | 0.1 | 194 | 1147.2% |
| Germany | 0.2 | 0.7 | 0.6 | 43.1 | 499.5% |
| Czech Republic | 0.3 | 0.7 | 0.5 | 15.0 | 268.4% |
| United Arab Emirates | 0.1 | 0.2 | 0.2 | 2.1 | 175.9% |
| Ireland | 22.3 | 37.1 | 42.5 | N/A | 38.1% |
| Others | 23.0 | 12.6 | 1.0 | 3.7 | -45.6% |
| Total | 45.9 | 51.3 | 44.9 | 258 | 77.8% |
Top Suppliers of Sulphates; of Magnesium to Bahrain in 2022:
- China (267.2 tons)
- Czech Republic (253.4 tons)
- Germany (218.1 tons)
- United Arab Emirates (111.4 tons)
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