Price for Mineral Substances Not Elsewhere Specified or Included in Bahrain - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Bahrain (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Bahrain (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Bahrain
- Exports of Mineral Substances Not Elsewhere Specified or Included in Bahrain
Price for Mineral Substances Not Elsewhere Specified or Included in Bahrain (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $306 per ton in 2022, declining by -2.8% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price 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, import price for mineral substances not elsewhere specified or includeds increased by +80.7% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 48%. The import price peaked at $315 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($303 per ton), while the price for Turkey ($96 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Mineral Substances Not Elsewhere Specified or Included in Bahrain (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $4,762 per ton in 2022, rising by 1,524% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.6% per year.
Imports of Mineral Substances Not Elsewhere Specified or Included in Bahrain
In 2022, approx. 12K tons of mineral substances not elsewhere specified or includeds were imported into Bahrain; growing by 139% against the previous year's figure. Over the period under review, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $3.8M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,145 | 270 | 1,267 | 3,437 | 44.3% |
| United Arab Emirates | 243 | 254 | 129 | 173 | -10.7% |
| India | 5.9 | 4.4 | 22.9 | 53.0 | 107.9% |
| Turkey | 14.3 | 81.3 | 76.5 | 51.8 | 53.6% |
| Others | 164 | 94.3 | 130 | 55.1 | -30.5% |
| Total | 1,573 | 705 | 1,626 | 3,769 | 33.8% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Bahrain in 2022:
- China (11.4K tons)
- Turkey (0.5K tons)
- United Arab Emirates (0.2K tons)
- India (0.2K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Bahrain
In 2022, shipments abroad of mineral substances not elsewhere specified or includeds decreased by -99.2% to 126 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 7,797% against the previous year. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mineral substances not elsewhere specified or includeds shrank notably to $600 in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,246% against the previous year. As a result, the exports reached the peak of $4.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mineral Substances Not Elsewhere Specified or Included in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 0.7 | 0.2 | 0.6 | -7.4% |
| India | 0.1 | 4.1 | 2.0 | N/A | 347.2% |
| Others | N/A | 0.2 | 2.3 | N/A | 1050.0% |
| Total | 0.1 | 4.9 | 4.5 | 0.6 | 81.7% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Bahrain in 2022:
- United Arab Emirates (126.0 kg)
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