Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (FOB) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (CIF) - 2022
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $1,064,523 per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 7,333%. The export price peaked at $1,961,500 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($63,032,000 per ton), while the average price for exports to Egypt ($3,188 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+32,899.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (CIF) - 2022
The average import price for articles of precious metal or of metal clad with precious metal stood at $354,059 per ton in 2022, reducing by -76.2% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 603% against the previous year. Over the period under review, average import prices reached the peak figure at $1,484,882 per ton in 2021, and then contracted rapidly in the following year.
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 Germany ($2,740,938 per ton), while the price for China ($22,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+86.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain
In 2022, the amount of articles of precious metal or of metal clad with precious metal exported from Bahrain surged to 1.1 tons, increasing by 20% against 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 15,317% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of articles of precious metal or of metal clad with precious metal skyrocketed to $1.2M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 6,019%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 11.8 | 665 | 1,115 | 872.1% | |
| Jordan | N/A | 52.5 | 63.0 | 20.0% | |
| Egypt | N/A | N/A | 0.1 | 0% | |
| Others | N/A | 2.5 | N/A | 0% | |
| Total | 11.8 | 720 | 1,178 | 899.2% | |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Bahrain in 2022:
- Germany (1071.0 kg)
- Egypt (32.0 kg)
- Jordan (1.0 kg)
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain
Imports of articles of precious metal or of metal clad with precious metal into Bahrain surged to 222 kg in 2022, increasing by 553% compared with 2021. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of precious metal or of metal clad with precious metal surged to $79K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 26.2 | 2.2 | 43.9 | 98.7% |
| United States | 6.2 | N/A | 5.9 | 18.1 | 42.9% |
| Italy | 0.2 | 18.3 | 0.3 | 7.5 | 234.7% |
| China | 0.1 | N/A | 0.3 | 1.0 | 115.4% |
| Others | 11.7 | 12.2 | 41.9 | 8.2 | -11.2% |
| Total | 23.8 | 56.7 | 50.5 | 78.6 | 48.9% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Bahrain in 2022:
- Italy (107.0 kg)
- United States (50.0 kg)
- China (42.0 kg)
- Germany (16.0 kg)
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