Sulphites; of Sodium Price in Bahrain - 2022
Contents:
- Sulphites; of Sodium Price in Bahrain (CIF) - 2022
- Sulphites; of Sodium Price in Bahrain (FOB) - 2022
- Sulphites; of Sodium Imports in Bahrain
- Sulphites; of Sodium Exports in Bahrain
Sulphites; of Sodium Price in Bahrain (CIF) - 2022
The average sulphites; of sodium import price stood at $551 per ton in 2022, with a decrease of -18.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42%. The import price peaked at $675 per ton in 2021, and then shrank dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($988 per ton), while the price for China ($300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Price in Bahrain (FOB) - 2022
In 2022, the average sulphites; of sodium export price amounted to $898 per ton, picking up by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.7% per year.
Sulphites; of Sodium Imports in Bahrain
In 2022, purchases abroad of sulphites; of sodia increased by 7.4% to 479 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline.
In value terms, sulphites; of sodium imports shrank to $264K in 2022. Overall, imports, however, continue to indicate a deep slump. The smallest decline of -3.3% was in 2020.
| Import of Sulphites; of Sodium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 19.1 | 61.7 | 85.1 | 92.0 | 68.9% |
| China | 154 | 90.6 | 7.8 | 83.8 | -18.4% |
| Thailand | 297 | 274 | 125 | 39.9 | -48.8% |
| India | 15.6 | 12.6 | 9.9 | 36.4 | 32.6% |
| Others | 20.9 | 51.5 | 73.2 | 11.9 | -17.1% |
| Total | 507 | 490 | 301 | 264 | -19.5% |
Top Suppliers of Sulphites; of Sodium to Bahrain in 2022:
- China (279.6 tons)
- Saudi Arabia (93.2 tons)
- India (50.2 tons)
- Thailand (50.0 tons)
Sulphites; of Sodium Exports in Bahrain
Sulphites; of sodium exports from Bahrain fell remarkably to 400 kg in 2022, with a decrease of -98.5% on 2021 figures. Overall, exports faced a sharp shrinkage. The smallest decline of -2% was in 2021.
In value terms, sulphites; of sodium exports fell rapidly to $359 in 2022. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1.6%.
| Export of Sulphites; of Sodium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Kuwait | 0.6 | 0.6 | 0.5 | N/A | -8.7% |
| Saudi Arabia | 18.0 | 18.4 | 18.6 | N/A | 1.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 18.7 | 19.0 | 19.3 | 0.4 | -72.2% |
Top Export Markets for Sulphites; of Sodium from Bahrain in 2022:
- United Arab Emirates (400.0 kg)
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