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Bahrain - Glass Fibres and Glass Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBahrain: Market for Glass Fibres And Glass Wool 2024
Market Size for Glass Fibres And Glass Wool in Bahrain
In 2022, after three years of growth, there was significant decline in the Bahraini glass fibres and wool market, when its value decreased by -10.5% to $X. In general, consumption, however, saw prominent growth. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.
Production of Glass Fibres And Glass Wool in Bahrain
In value terms, glass fibres and wool production amounted to less than $X in 2022 estimated in export price. Overall, production faced a sharp setback. The pace of growth appeared the most rapid in 2014 with a decrease of -32.3%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
Exports of Glass Fibres And Glass Wool
Exports from Bahrain
In 2022, the amount of glass fibres and glass wool exported from Bahrain reduced rapidly to X tons, waning by -23.4% on 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 63%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.
In value terms, glass fibres and wool exports dropped to $X in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.2% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 122% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
France (X tons) was the main destination for glass fibres and wool exports from Bahrain, accounting for a 53% share of total exports. Moreover, glass fibres and wool exports to France exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total exports with a 13% share.
From 2012 to 2022, the average annual growth rate of volume to France stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.4% per year) and Saudi Arabia (-3.4% per year).
In value terms, France ($X) remains the key foreign market for glass fibres and glass wool exports from Bahrain, comprising 49% of total exports. The second position in the ranking was taken by Germany ($X), with a 15% share of total exports. It was followed by Saudi Arabia, with a 13% share.
From 2012 to 2022, the average annual growth rate of value to France amounted to +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+13.4% per year) and Saudi Arabia (-1.7% per year).
Export Prices by Country
The average glass fibres and wool export price stood at $X per ton in 2022, picking up by 24% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres And Glass Wool
Imports into Bahrain
After two years of decline, purchases abroad of glass fibres and glass wool increased by 1.1% to X tons in 2022. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2016 with an increase of 61%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
In value terms, glass fibres and wool imports contracted to $X in 2022. In general, imports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2017 when imports increased by 52% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, Saudi Arabia (X tons) constituted the largest supplier of glass fibres and wool to Bahrain, with a 57% share of total imports. Moreover, glass fibres and wool imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Kuwait (X tons) ranked third in terms of total imports with a 12% share.
From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+24.1% per year) and Kuwait (-7.1% per year).
In value terms, Saudi Arabia ($X) constituted the largest supplier of glass fibres and glass wool to Bahrain, comprising 47% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Kuwait, with a 10% share.
From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+15.2% per year) and Kuwait (-8.1% per year).
Import Prices by Country
In 2022, the average glass fibres and wool import price amounted to $X per ton, shrinking by -7.8% against the previous year. In general, the import price recorded a mild slump. The growth pace was the most rapid in 2019 an increase of 24% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass fibres and wool 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)
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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