Bahrain - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Metal Washer Price in Bahrain - 2022

Contents:

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

Metal Washer Price in Bahrain (CIF) - 2022

The average metal washer import price stood at $3,973 per ton in 2022, reducing by -54.4% against the previous year. Overall, the import price, however, continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 104%. As a result, import price attained the peak level of $8,704 per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($26,375 per ton), while the price for China ($2,246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Washer Price in Bahrain (FOB) - 2022

In 2022, the average metal washer export price amounted to $5,988 per ton, increasing by 118% against the previous year. Overall, the export price recorded a pronounced increase. The export price peaked at $14,389 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,445 per ton), while the average price for exports to New Zealand ($2,227 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 the United Arab Emirates (+900.4%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Washer Imports in Bahrain

In 2022, metal washer imports into Bahrain expanded rapidly to 191 tons, surging by 12% against 2021. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 126% against the previous year. As a result, imports attained the peak of 371 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metal washer imports fell significantly to $759K in 2022. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 156%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metal Washer in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12619014429032.0%
Japan92.969.115488.5-1.6%
Italy9.223345.077.1103.1%
Germany27.074.431.057.228.4%
India16.626.637.250.044.4%
United Arab Emirates1971141028.6-64.8%
Others1508789641877.6%
Total6191,5841,4787597.0%

Top Suppliers of Metal Washer to Bahrain in 2022:

  1. China (129.0 tons)
  2. Italy (29.4 tons)
  3. India (13.0 tons)
  4. Germany (5.2 tons)
  5. Japan (3.4 tons)
  6. United Arab Emirates (1.2 tons)

Metal Washer Exports in Bahrain

Metal washer exports from Bahrain dropped notably to 15 tons in 2022, which is down by -56% compared with the previous year's figure. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of 33 tons, and then contracted notably in the following year.

In value terms, metal washer exports fell modestly to $88K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 88%. As a result, the exports reached the peak of $92K, and then reduced slightly in the following year.

Export of Metal Washer in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A1.030.82980.0%
Saudi Arabia24.216.144.429.06.2%
New Zealand8.612.37.87.4-4.9%
Bermuda5.2N/AN/AN/A0%
Ethiopia5.86.526.2N/A112.5%
SudanN/A0.1N/AN/A0%
Oman11.012.91.3N/A-65.6%
Others11.91.011.020.720.3%
Total66.748.891.787.89.6%

Top Export Markets for Metal Washer from Bahrain in 2022:

  1. Saudi Arabia (8.6 tons)
  2. New Zealand (3.3 tons)
  3. United Arab Emirates (2.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal washer 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)

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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