Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $3,849 per ton in 2020, rising by 4.4% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2016 to 2020, the rate of growth in terms of prices for China amounted to +4.4% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain
In 2020, approx. 2.5 tons of acids; saturated acyclic monocarboxylic acids; esters of formic acids were imported into Bahrain; surging by 6.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids expanded rapidly to $9.6K in 2020. The total import value increased at an average annual rate of +10.8% from 2019 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| China | 8.7 | 9.6 | 10.3% | ||
| Others | N/A | N/A | 0% | ||
| Total | 8.7 | 9.6 | 10.3% | ||
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Bahrain in 2022:
- China (2.5 tons)
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