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Bahrain - Sacks and Bags of Polymers of Ethylene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBahrain: Ethylene Polymer Bag Market 2024
Ethylene Polymer Bag Market Size in Bahrain
The Bahraini ethylene polymer bag market dropped to $X in 2022, waning by -12.2% against the previous year. In general, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.8% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.
Ethylene Polymer Bag Production in Bahrain
In value terms, ethylene polymer bag production declined to $X in 2022 estimated in export price. In general, production showed a noticeable descent. The pace of growth appeared the most rapid in 2018 with an increase of 38%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.
Ethylene Polymer Bag Exports
Exports from Bahrain
In 2022, overseas shipments of sacks and bags of polymers of ethylene increased by 105% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, ethylene polymer bag exports soared to $X in 2022. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Saudi Arabia (X tons) was the main destination for ethylene polymer bag exports from Bahrain, accounting for a 94% share of total exports. Moreover, ethylene polymer bag exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at -15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+1.9% per year) and Oman (-39.8% per year).
In value terms, Saudi Arabia ($X) remains the key foreign market for sacks and bags of polymers of ethylene exports from Bahrain, comprising 91% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.8% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled -16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+7.6% per year) and Oman (-45.2% per year).
Export Prices by Country
The average ethylene polymer bag export price stood at $X per ton in 2022, dropping by -14.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Oman ($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 Qatar (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Imports
Imports into Bahrain
In 2022, overseas purchases of sacks and bags of polymers of ethylene were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 62%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
In value terms, ethylene polymer bag imports expanded modestly to $X in 2022. In general, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.4% against 2017 indices. The growth pace was the most rapid in 2014 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.
Imports by Country
The United Arab Emirates (X tons), Saudi Arabia (X tons) and Thailand (X tons) were the main suppliers of ethylene polymer bag imports to Bahrain, with a combined 86% share of total imports. Turkey, Germany and China lagged somewhat behind, together accounting for a further 12%.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +67.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X) were the largest ethylene polymer bag suppliers to Bahrain, with a combined 75% share of total imports.
Turkey, with a CAGR of +66.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average ethylene polymer bag import price amounted to $X per ton, which is down by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2013 an increase of 23%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Saudi Arabia ($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 (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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
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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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