Copper; Master Alloys Price in Bahrain - 2022

Contents:

1. Copper; Master Alloys Price in Bahrain (CIF) - 2022
2. Copper; Master Alloys Price in Bahrain (FOB) - 2022
3. Copper; Master Alloys Imports in Bahrain
4. Copper; Master Alloys Exports in Bahrain

Copper; Master Alloys Price in Bahrain (CIF) - 2022

In 2022, the average copper; master alloys import price amounted to $8,669 per ton, rising by 16% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; master alloys import price increased by +72.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($10,497 per ton) and Spain ($8,605 per ton), while the price for Italy ($8,146 per ton) and the United States ($8,348 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Price in Bahrain (FOB) - 2022

The average copper; master alloys export price stood at $3,484 per ton in 2022, with a decrease of -40.8% against the previous year. Overall, the export price showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 an increase of 94% against the previous year. As a result, the export price attained the peak level of $5,888 per ton, and then contracted sharply in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($3,485 per ton), while the average price for exports to the United Arab Emirates amounted to $3,467 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.8%).

Copper; Master Alloys Imports in Bahrain

In 2022, after three years of growth, there was significant decline in overseas purchases of copper; master alloyses, when their volume decreased by -57.5% to 266 tons. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 239% against the previous year. As a result, imports reached the peak of 626 tons, and then fell rapidly in the following year.

In value terms, copper; master alloys imports contracted markedly to $2.3M in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 408%. As a result, imports reached the peak of $4.7M, and then shrank dramatically in the following year.

Top Suppliers of Copper; Master Alloys to Bahrain in 2022:

1. Italy (104.0 tons)
2. United States (71.5 tons)
3. Spain (48.0 tons)
4. South Korea (42.4 tons)

Copper; Master Alloys Exports in Bahrain

Copper; master alloys exports from Bahrain skyrocketed to 1.5 tons in 2022, jumping by 220% on the previous year. Over the period under review, exports, however, showed a sharp setback.

In value terms, copper; master alloys exports surged to $5.3K in 2022. Overall, exports, however, continue to indicate a deep setback.

Top Export Markets for Copper; Master Alloys from Bahrain in 2022:

1. Thailand (1488.0 kg)
2. United Arab Emirates (30.0 kg)

Source: IndexBox Market Intelligence Platform