Ethylene Price in Bahrain - 2022
Contents:
Ethylene Price in Bahrain (CIF) - 2022
In 2022, the average ethylene import price amounted to $19,496 per ton, approximately equating the previous year. In general, the import price, however, recorded a resilient expansion. The growth pace was the most rapid in 2019 an increase of 206%. Over the period under review, average import prices attained the maximum at $19,526 per ton in 2021, and then reduced slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +17.5% per year.
Ethylene Imports in Bahrain
In 2022, imports of ethylene into Bahrain surged to 274 kg, picking up by 20% against 2021 figures. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 660% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ethylene imports skyrocketed to $5.3K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,179%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Ethylene in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | 3.7 | 3.7 | 3.7 | 131.0% |
| Others | N/A | N/A | 0.7 | 1.6 | 128.6% |
| Total | 0.3 | 3.7 | 4.5 | 5.3 | 160.4% |
Top Suppliers of Ethylene to Bahrain in 2022:
- United Kingdom (198.0 kg)
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