Bahrain - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights

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Metal Spring Washer Price in Bahrain - 2022

Contents:

  1. Metal Spring Washer Price in Bahrain (CIF) - 2022
  2. Metal Spring Washer Price in Bahrain (FOB) - 2022
  3. Metal Spring Washer Imports in Bahrain
  4. Metal Spring Washer Exports in Bahrain

Metal Spring Washer Price in Bahrain (CIF) - 2022

The average metal spring washer import price stood at $7,007 per ton in 2022, shrinking by -37.5% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by 135% against the previous year. Over the period under review, average import prices hit record highs at $17,676 per ton in 2020; however, from 2021 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 the United Arab Emirates ($48,789 per ton), while the price for Oman ($1,072 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Spring Washer Price in Bahrain (FOB) - 2022

The average metal spring washer export price stood at $28,472 per ton in 2022, surging by 990% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,212% against the previous year. The export price peaked at $32,523 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($53,057 per ton), while the average price for exports to Saudi Arabia ($2,748 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 States (+178.9%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Spring Washer Imports in Bahrain

In 2022, imports of iron or steel spring washers into Bahrain surged to 51 tons, with an increase of 56% against 2021. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, metal spring washer imports dropped to $359K in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 25%.

Import of Metal Spring Washer in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53.730.943.511227.8%
United States26.125.836.558.731.0%
Germany36.726.525.537.91.1%
CanadaN/A1.10.234.0456.0%
United Kingdom9.435.45.512.18.8%
Japan90.947.217510.0-52.1%
India3.03.72.25.320.9%
OmanN/AN/AN/A2.50%
United Arab Emirates13.519.730.40.9-59.5%
Others38.914949.885.229.9%
Total2723403693599.7%

Top Suppliers of Metal Spring Washer to Bahrain in 2022:

  1. China (36.1 tons)
  2. Germany (4.3 tons)
  3. Oman (2.3 tons)
  4. United States (2.1 tons)
  5. Canada (1.8 tons)
  6. India (1.1 tons)
  7. Japan (0.7 tons)
  8. United Kingdom (0.6 tons)

Metal Spring Washer Exports in Bahrain

In 2022, approx. 682 kg of iron or steel spring washers were exported from Bahrain; with a decrease of -91.4% compared with 2021 figures. Over the period under review, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 252%.

In value terms, metal spring washer exports dropped to $19K in 2022. In general, exports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 145%.

Export of Metal Spring Washer in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A2.80%
United StatesN/AN/AN/A1.10%
ItalyN/AN/AN/A0.90%
Saudi Arabia49.72.416.90.3-81.8%
United Arab EmiratesN/AN/AN/A0.10%
Oman9.25.22.7N/A-45.8%
OthersN/A0.91.314.3298.6%
Total58.98.520.819.4-30.9%

Top Export Markets for Metal Spring Washer from Bahrain in 2022:

  1. Italy (213.0 kg)
  2. Saudi Arabia (115.0 kg)
  3. Netherlands (53.0 kg)
  4. United States (38.0 kg)
  5. United Arab Emirates (24.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal spring washer 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 25941210 - Iron or steel spring washers and other lock washers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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