Metals; Platinum, Semi-Manufactured Price in Bahrain - 2022

Metals; Platinum, Semi-Manufactured Price in Bahrain (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $2,201,733 per ton in 2022, which is down by -77% against the previous year. Overall, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 an increase of 2,136%. As a result, import price reached the peak level of $42,022 per kg. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,937,000 per ton), while the price for India ($1,222,909 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9,049.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Imports in Bahrain

In 2022, metals; platinum, semi-manufactured imports into Bahrain surged to 60 kg, increasing by 500% against the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured imports surged to $132K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Metals; Platinum, Semi-Manufactured in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	1.2	0.6	5.6	77.9	301.9%
India	0.1	0.2	2.5	40.4	639.3%
Italy	N/A	N/A	N/A	13.9	0%
Japan	69.6	54.9	86.6	N/A	11.5%
Germany	0.1	0.2	0.8	N/A	182.8%
Others	1.1	0.3	N/A	N/A	-72.7%
Total	72.1	56.1	95.5	132	22.3%