Tungsten (Wolfram); Wire Price in Bahrain - 2022
Contents:
- Tungsten (Wolfram); Wire Price in Bahrain (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Bahrain (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Bahrain
- Tungsten (Wolfram); Wire Exports in Bahrain
Tungsten (Wolfram); Wire Price in Bahrain (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $28,400 per ton, declining by -7.9% against the previous year. In general, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 130%. Over the period under review, average import prices reached the peak figure at $36,951 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($33,333 per ton), while the price for the Philippines ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+132.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Bahrain (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $21,667 per ton in 2022, increasing by 20% against the previous year. Overall, the export price, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 114%. As a result, the export price attained the peak level of $96,188 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($216,000 per ton), while the average price for exports to Pakistan ($6,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+51.4%), while the prices for the other major destinations experienced a decline.
Tungsten (Wolfram); Wire Imports in Bahrain
In 2022, supplies from abroad of tungsten (wolfram); wires increased by 79% to 25 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp descent.
In value terms, tungsten (wolfram); wire imports skyrocketed to $567 in 2022. In general, imports, however, saw a sharp reduction.
| Import of Tungsten (Wolfram); Wire in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 743 | 236 | 133 | 300 | -26.1% |
| China | 119 | 28.0 | 7.0 | 143 | 6.3% |
| United States | 50.0 | 21.0 | 12.0 | 29.0 | -16.6% |
| India | 65.0 | 22.0 | 13.0 | 27.0 | -25.4% |
| United Arab Emirates | 14.0 | 8.0 | 7.0 | 18.0 | 8.7% |
| Taiwan (Chinese) | 32.0 | 11.0 | 6.0 | 13.0 | -25.9% |
| South Korea | N/A | N/A | N/A | 12.0 | 0% |
| Germany | 18.0 | 6.0 | 4.0 | 9.0 | -20.6% |
| Netherlands | 5.0 | 2.0 | 1.0 | 7.0 | 11.9% |
| Japan | 12.0 | 3.0 | 1.0 | 7.0 | -16.4% |
| Philippines | 1.0 | N/A | N/A | 2.0 | 26.0% |
| Others | 71.0 | N/A | N/A | N/A | 0% |
| Total | 1,130 | 337 | 184 | 567 | -20.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Bahrain in 2022:
- Saudi Arabia (9.0 kg)
- China (6.0 kg)
- India (2.0 kg)
- Netherlands (1.0 kg)
- Taiwan (Chinese) (1.0 kg)
- United Arab Emirates (1.0 kg)
- Philippines (1.0 kg)
- United States (1.0 kg)
- Japan (1.0 kg)
- Germany (1.0 kg)
- South Korea (1.0 kg)
Tungsten (Wolfram); Wire Exports in Bahrain
In 2022, overseas shipments of tungsten (wolfram); wires were finally on the rise to reach 3 kg after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt slump.
In value terms, tungsten (wolfram); wire exports skyrocketed to $261 in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Wire in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 216 | 0% |
| Saudi Arabia | 260 | 107 | 17.0 | 39.0 | -46.9% |
| Pakistan | N/A | N/A | N/A | 6.0 | 0% |
| Oman | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 260 | 107 | 18.0 | 261 | 0.1% |
Top Export Markets for Tungsten (Wolfram); Wire from Bahrain in 2022:
- Pakistan (1.0 kg)
- Saudi Arabia (1.0 kg)
- Hong Kong SAR (1.0 kg)
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