Bahrain - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bahrain - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron Angle Price in Bahrain - 2022

Contents:

  1. Iron Angle Price in Bahrain (FOB) - 2022
  2. Iron Angle Price in Bahrain (CIF) - 2022
  3. Iron Angle Exports in Bahrain
  4. Iron Angle Imports in Bahrain

Iron Angle Price in Bahrain (FOB) - 2022

The average iron angle export price stood at $842 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The export price peaked at $892 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($930 per ton) and Egypt ($888 per ton), while the average price for exports to the UK ($635 per ton) and Kenya ($782 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Price in Bahrain (CIF) - 2022

In 2022, the average iron angle import price amounted to $862 per ton, shrinking by -5.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 44%. The import price peaked at $917 per ton in 2021, and then dropped in the following year.

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 India ($1,315 per ton), while the price for South Korea ($612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Angle Exports in Bahrain

In 2022, after three years of growth, there was significant decline in shipments abroad of angles, shapes and sections (of iron or non-alloy steel), when their volume decreased by -8.8% to 323K tons. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 5,827% against the previous year.

In value terms, iron angle exports stood at $272M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,183% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Iron Angle in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/AN/AN/A58.60%
South KoreaN/A42.783.847.85.8%
EgyptN/A26.234.644.730.6%
AlgeriaN/AN/AN/A32.20%
Saudi Arabia0.115.60.625.9537.4%
United KingdomN/AN/A11.219.069.6%
Kenya0.28.519.512.7299.0%
United Arab Emirates1.827.30.7N/A-37.6%
BrazilN/AN/A23.4N/A0%
Others1.532.790.331.4175.6%
Total3.6153264272322.8%

Top Export Markets for Iron Angle from Bahrain in 2022:

  1. Morocco (67.1K tons)
  2. South Korea (58.2K tons)
  3. Egypt (50.3K tons)
  4. Algeria (36.4K tons)
  5. United Kingdom (29.8K tons)
  6. Saudi Arabia (27.8K tons)
  7. Kenya (16.3K tons)
  8. United Arab Emirates (0.1K tons)

Iron Angle Imports in Bahrain

In 2022, purchases abroad of angles, shapes and sections (of iron or non-alloy steel) was finally on the rise to reach 10K tons after two years of decline. Over the period under review, imports, however, saw a abrupt slump.

In value terms, iron angle imports surged to $8.9M in 2022. Overall, imports, however, showed a abrupt setback.

Import of Iron Angle in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1,5861,5691,5352,92922.7%
United Arab Emirates3,4272,1632,3291,775-19.7%
Turkey6699515941,15119.8%
Saudi Arabia1695384851,08185.6%
China1,486381339809-18.3%
Free Zones45134535566613.9%
India82.651.778.624643.9%
South Korea380248103111-33.6%
Spain26515910148.9-43.1%
Italy47215616539.0-56.4%
Others1,5081,48684876.3-63.0%
Total10,4978,0486,9328,931-5.2%

Top Suppliers of Iron Angle to Bahrain in 2022:

  1. Oman (3399.5 tons)
  2. United Arab Emirates (2726.5 tons)
  3. Turkey (1123.8 tons)
  4. Saudi Arabia (1048.7 tons)
  5. China (847.6 tons)
  6. Free Zones (633.8 tons)
  7. India (186.8 tons)
  8. South Korea (180.6 tons)
  9. Spain (66.2 tons)
  10. Italy (21.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Bahrain