Price for Nickel; Tube and Pipe Fittings in Bahrain - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Bahrain (CIF) - 2022
- Price for Nickel; Tube and Pipe Fittings in Bahrain (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Bahrain
- Exports of Nickel; Tube and Pipe Fittings in Bahrain
Price for Nickel; Tube and Pipe Fittings in Bahrain (CIF) - 2022
In 2022, the average import price for nickel; tube and pipe fittingses amounted to $32,448 per ton, approximately equating the previous year. In general, the import price showed prominent growth. The growth pace was the most rapid in 2013 an increase of 78% against the previous year. The import price peaked at $45,197 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Japan ($394,000 per ton), while the price for Saudi Arabia ($10,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Tube and Pipe Fittings in Bahrain (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $18,422 per ton, rising by 28% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 160%. As a result, the export price attained the peak level of $47,639 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($21,157 per ton), while the average price for exports to Egypt ($6,457 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 Oman (+15.2%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Tube and Pipe Fittings in Bahrain
In 2022, after three years of growth, there was significant decline in overseas purchases of nickel; tube and pipe fittingses, when their volume decreased by -50% to 14 tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 340%.
In value terms, nickel; tube and pipe fittings imports contracted notably to $460K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 245%.
| Import of Nickel; Tube and Pipe Fittings in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.7 | 13.9 | 1.7 | 135 | 109.4% |
| Italy | 3.1 | 139 | 834 | 128 | 245.6% |
| Hong Kong SAR | N/A | N/A | N/A | 48.4 | 0% |
| Saudi Arabia | 2.2 | 19.0 | 5.3 | 24.5 | 123.3% |
| India | 2.0 | 59.1 | 10.7 | 16.1 | 100.4% |
| United States | 1.7 | 119 | 14.9 | 6.9 | 59.5% |
| Thailand | 1.4 | 5.3 | 0.7 | 0.6 | -24.6% |
| Others | 129 | 175 | 41.4 | 100 | -8.1% |
| Total | 154 | 531 | 908 | 460 | 44.0% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Bahrain in 2022:
- China (8.5 tons)
- Italy (2.5 tons)
- Saudi Arabia (2.3 tons)
- Hong Kong SAR (0.3 tons)
- India (0.1 tons)
Exports of Nickel; Tube and Pipe Fittings in Bahrain
In 2022, approx. 914 kg of nickel; tube and pipe fittingses were exported from Bahrain; which is down by -47.4% compared with the year before. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 279% against the previous year. As a result, the exports attained the peak of 1.7 tons, and then dropped significantly in the following year.
In value terms, nickel; tube and pipe fittings exports fell sharply to $17K in 2022. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. As a result, the exports reached the peak of $25K, and then fell notably in the following year.
| Export of Nickel; Tube and Pipe Fittings in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 4.1 | 1.6 | 9.0 | 5.4 | 9.6% |
| United Arab Emirates | 0.7 | 0.4 | 0.4 | 3.2 | 66.0% |
| Oman | 0.1 | 0.3 | 9.3 | 1.6 | 152.0% |
| Qatar | 3.3 | 1.7 | 1.6 | 0.7 | -40.4% |
| Egypt | N/A | 0.9 | N/A | 0.2 | -52.9% |
| Others | 4.2 | 3.4 | 4.8 | 5.7 | 10.7% |
| Total | 12.4 | 8.4 | 25.1 | 16.8 | 10.7% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Bahrain in 2022:
- Saudi Arabia (570.0 kg)
- United Arab Emirates (153.0 kg)
- Oman (96.0 kg)
- Qatar (49.0 kg)
- Egypt (35.0 kg)
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