Report Update: May 1, 2024

Bahrain - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights

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Expanded Metal Price in Bahrain - 2022

Expanded Metal Price in Bahrain (CIF) - 2022

The average expanded metal import price stood at $1,103 per ton in 2022, which is down by -46% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 39% against the previous year. The import price peaked at $3,034 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,354 per ton), while the price for the United Arab Emirates stood at $833 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.5%), while the prices for the other major suppliers experienced a decline.

Expanded Metal Price in Bahrain (FOB) - 2022

In 2022, the average expanded metal export price amounted to $3,224 per ton, shrinking by -44.6% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 85%. Over the period under review, the average export prices reached the maximum at $5,820 per ton in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($7,774 per ton), while the average price for exports to the United Arab Emirates ($2,784 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 (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports in Bahrain

In 2022, supplies from abroad of iron or steel expanded metal increased by 251% to 538 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, expanded metal imports skyrocketed to $594K in 2022. Over the period under review, imports, however, saw a abrupt curtailment.

Import of Expanded Metal in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	58.7	23.6	7.1	374	85.4%
United Arab Emirates	75.7	55.1	13.3	216	41.8%
United Kingdom	552	475	287	N/A	-27.9%
Others	14.7	8.9	5.4	4.3	-33.6%
Total	702	563	313	594	-5.4%

Top Suppliers of Expanded Metal to Bahrain in 2022:

China (276.0 tons)
United Arab Emirates (259.0 tons)

Expanded Metal Exports in Bahrain

In 2022, shipments abroad of iron or steel expanded metal was finally on the rise to reach 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a precipitous slump.

In value terms, expanded metal exports reduced notably to $47K in 2022. Over the period under review, exports, however, saw a dramatic contraction. The smallest decline of -23% was in 2020.

Export of Expanded Metal in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	17.6	82.6	4.8	35.2	26.0%
Kuwait	601	354	49.3	3.9	-81.3%
Saudi Arabia	181	168	6.7	3.6	-72.9%
Others	10.9	19.2	2.7	3.9	-29.0%
Total	810	624	63.5	46.6	-61.4%

Top Export Markets for Expanded Metal from Bahrain in 2022:

United Arab Emirates (12.7 tons)
Saudi Arabia (0.9 tons)
Kuwait (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expanded metal market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931350 - Iron or steel expanded metal

Country coverage:

Bahrain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bahrain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023