Price for Article of Natural Cork in Bahrain - 2022

Contents:

1. Price for Article of Natural Cork in Bahrain (CIF) - 2022
2. Price for Article of Natural Cork in Bahrain (FOB) - 2022
3. Imports of Article of Natural Cork in Bahrain
4. Exports of Article of Natural Cork in Bahrain

Price for Article of Natural Cork in Bahrain (CIF) - 2022

In 2022, the average article of natural cork import price amounted to $3,518 per ton, growing by 7.7% against the previous year. Overall, the import price, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 74%. As a result, import price attained the peak level of $8,130 per ton. From 2014 to 2022, the average import prices remained 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 States ($36,975 per ton), while the price for Japan ($2,489 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 States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in Bahrain (FOB) - 2022

The average article of natural cork export price stood at $2,514 per ton in 2022, with a decrease of -62.2% against the previous year. Overall, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 an increase of 245% against the previous year. Over the period under review, the average export prices reached the peak figure at $19,386 per ton in 2020; however, from 2021 to 2022, the 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 Saudi Arabia ($10,150 per ton), while the average price for exports to the United Arab Emirates ($687 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 Saudi Arabia (+9.7%), while the prices for the other major destinations experienced a decline.

Imports of Article of Natural Cork in Bahrain

In 2022, supplies from abroad of articles of natural cork decreased by -47.9% to 101 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 102%. As a result, imports reached the peak of 348 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, article of natural cork imports fell sharply to $354K in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 137%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Article of Natural Cork to Bahrain in 2022:

1. China (40.8 tons)
2. Saudi Arabia (32.6 tons)
3. Japan (10.8 tons)
4. United Arab Emirates (7.8 tons)
5. United States (1.8 tons)
6. Taiwan (Chinese) (1.5 tons)

Exports of Article of Natural Cork in Bahrain

In 2022, the amount of articles of natural cork exported from Bahrain surged to 43 tons, growing by 81% compared with 2021. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,627%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, article of natural cork exports fell notably to $109K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,958% against the previous year. As a result, the exports attained the peak of $281K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Article of Natural Cork from Bahrain in 2022:

1. United Arab Emirates (28.5 tons)
2. Kuwait (9.3 tons)
3. Saudi Arabia (5.4 tons)

Source: IndexBox Market Intelligence Platform