Bahrain - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights

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Non-Alloy Steel U-Section Price in Bahrain - 2022

Contents:

  1. Non-Alloy Steel U-Section Price in Bahrain (CIF) - 2022
  2. Non-Alloy Steel U-Section Price in Bahrain (FOB) - 2022
  3. Non-Alloy Steel U-Section Imports in Bahrain
  4. Non-Alloy Steel U-Section Exports in Bahrain

Non-Alloy Steel U-Section Price in Bahrain (CIF) - 2022

The average non-alloy steel u-section import price stood at $958 per ton in 2022, with an increase of 4.4% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section import price increased by +52.6% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($1,094 per ton) and Free Zones ($1,068 per ton), while the price for Spain ($795 per ton) and Oman ($859 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Alloy Steel U-Section Price in Bahrain (FOB) - 2022

Bahrain has no trade partners to describe.

Non-Alloy Steel U-Section Imports in Bahrain

For the third year in a row, Bahrain recorded decline in purchases abroad of u-sections of non-alloy steel, which decreased by -11% to 1.9K tons in 2022. Over the period under review, imports showed a abrupt decrease. The smallest decline of -4.2% was in 2021.

In value terms, non-alloy steel u-section imports declined to $1.8M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of $2M, and then reduced in the following year.

Import of Non-Alloy Steel U-Section in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman46144168879920.1%
Turkey21828942345227.5%
China2411411922582.3%
Free Zones32.951.011899.644.7%
Saudi Arabia1.71.71.979.4260.1%
Spain22410871.742.1-42.7%
South Korea15274.328.6N/A-56.6%
Thailand115128152N/A15.0%
Others207172295100-21.5%
Total1,6531,4061,9691,8293.4%

Top Suppliers of Non-Alloy Steel U-Section to Bahrain in 2022:

  1. Oman (929.2 tons)
  2. Turkey (412.7 tons)
  3. China (279.2 tons)
  4. Free Zones (93.2 tons)
  5. Saudi Arabia (82.7 tons)
  6. Spain (52.9 tons)

Non-Alloy Steel U-Section Exports in Bahrain

In 2022, overseas shipments of u-sections of non-alloy steel decreased by 99.9% to 1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 751%. As a result, the exports attained the peak of 6.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-alloy steel u-section exports shrank dramatically to $1.3K in 2022. Overall, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 402% against the previous year. As a result, the exports reached the peak of $3.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Non-Alloy Steel U-Section in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya168469374N/A49.2%
Sri LankaN/A0.3402N/A133900.0%
UgandaN/A37.5665N/A1673.3%
Qatar133125174N/A14.4%
India109120225N/A43.7%
South AfricaN/A2,159N/AN/A0%
Saudi Arabia65.2162363N/A136.0%
Pakistan12.242.467.8N/A135.7%
Others14761.91551.3-79.3%
Total6343,1782,4271.3-87.3%

Top Export Markets for Non-Alloy Steel U-Section from Bahrain in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the non-alloy steel u-section 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)

    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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