Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain - 2022
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (CIF) - 2022
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (CIF) - 2022
In 2022, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $15,255 per ton, picking up by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Spain ($25,318 per ton), while the price for Saudi Arabia ($6,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (FOB) - 2022
The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $22,633 per ton in 2022, rising by 111% against the previous year. Overall, the export price recorded a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($48,570 per ton), while the average price for exports to the United Arab Emirates ($3,093 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 Netherlands (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain
In 2022, supplies from abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -55.4% to 221 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 96%. As a result, imports attained the peak of 518 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s contracted significantly to $3.4M in 2022. Overall, imports continue to indicate a mild downturn. The growth pace was the most rapid in 2020 when imports increased by 28%.
Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,522 | 1,899 | 2,090 | 1,205 | -7.5% |
Australia | 376 | 586 | 675 | 557 | 14.0% |
United Kingdom | 511 | 649 | 621 | 399 | -7.9% |
United States | 84.9 | 106 | 107 | 153 | 21.7% |
Germany | 116 | 132 | 195 | 138 | 6.0% |
India | 379 | 471 | 767 | 133 | -29.5% |
South Korea | 75.8 | 32.2 | 109 | 126 | 18.5% |
Saudi Arabia | 14.7 | 33.3 | 55.9 | 118 | 100.2% |
Tunisia | 32.1 | 141 | 170 | 117 | 53.9% |
Spain | 71.3 | 41.6 | 169 | 87.9 | 7.2% |
Turkey | 59.8 | 89.0 | 55.0 | 28.8 | -21.6% |
Malaysia | 34.3 | 44.6 | 9.9 | 3.4 | -53.7% |
Others | 232 | 267 | 273 | 306 | 9.7% |
Total | 3,509 | 4,490 | 5,295 | 3,371 | -1.3% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Bahrain in 2022:
- China (73.4 tons)
- Australia (49.7 tons)
- United Kingdom (20.0 tons)
- Saudi Arabia (17.4 tons)
- India (12.0 tons)
- United States (9.0 tons)
- Germany (7.7 tons)
- South Korea (7.4 tons)
- Tunisia (5.7 tons)
- Spain (3.5 tons)
- Turkey (2.5 tons)
- Malaysia (0.6 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain
In 2022, the amount of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s exported from Bahrain contracted rapidly to 1.7 tons, with a decrease of -82.8% on 2021. In general, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 107%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s declined remarkably to $37K in 2022. Over the period under review, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 218%.
Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 9.4 | 0% |
Saudi Arabia | 16.8 | 3.6 | 22.2 | 3.4 | -41.3% |
Oman | 1.2 | 0.4 | 4.6 | 1.9 | 16.6% |
Kuwait | 2.7 | 2.2 | 8.4 | 1.2 | -23.7% |
Netherlands | N/A | N/A | N/A | 0.9 | 0% |
Cote d'Ivoire | N/A | N/A | N/A | 0.7 | 0% |
United Arab Emirates | 6.9 | 16.8 | 34.4 | 0.3 | -64.8% |
United States | 1.9 | 4.0 | 0.8 | 0.2 | -52.8% |
Algeria | 129 | N/A | N/A | N/A | 0% |
Others | 3.6 | 5.5 | 32.7 | 19.5 | 75.6% |
Total | 162 | 32.5 | 103 | 37.4 | -38.7% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Bahrain in 2022:
- Saudi Arabia (448.0 kg)
- United Kingdom (193.0 kg)
- Cote d'Ivoire (173.0 kg)
- Oman (114.0 kg)
- United Arab Emirates (97.0 kg)
- United States (36.0 kg)
- Netherlands (36.0 kg)
- Kuwait (34.0 kg)
This report provides an in-depth analysis of the market for copper pipe and fitting in Bahrain.
This report provides an in-depth analysis of the global market for copper pipe and fitting.