Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,766 per ton in 2022, with an increase of 10% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum at $2,906 per ton in 2017; however, from 2018 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 the United States ($7,997 per ton), while the price for Saudi Arabia ($1,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,996 per ton in 2022, shrinking by -44.5% against the previous year. Over the period under review, the export price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2019 an increase of 92%. Over the period under review, the average export prices hit record highs at $5,927 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($8,652 per ton), while the average price for exports to the United Arab Emirates ($1,749 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 Saudi Arabia (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain
For the third year in a row, Bahrain recorded decline in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), which decreased by -9.6% to 1.6K tons in 2022. In general, imports continue to indicate a deep setback. The smallest decline of -7.2% was in 2020.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced modestly to $4.5M in 2022. Overall, imports saw a abrupt decline.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 764 | 951 | 981 | 973 | 8.4% |
| India | 1,319 | 1,249 | 905 | 726 | -18.0% |
| China | 1,127 | 506 | 443 | 705 | -14.5% |
| United States | 501 | 657 | 373 | 577 | 4.8% |
| Saudi Arabia | 504 | 564 | 459 | 477 | -1.8% |
| Jordan | 104 | 98.8 | 156 | 202 | 24.8% |
| Italy | 232 | 123 | 203 | 198 | -5.1% |
| Egypt | 323 | 295 | 334 | N/A | 1.7% |
| Others | 562 | 616 | 692 | 679 | 6.5% |
| Total | 5,435 | 5,060 | 4,547 | 4,536 | -5.8% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Bahrain in 2022:
- United Arab Emirates (451.2 tons)
- India (347.1 tons)
- Saudi Arabia (311.7 tons)
- China (196.8 tons)
- Italy (83.6 tons)
- United States (72.2 tons)
- Jordan (58.1 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Bahrain skyrocketed to 159 tons, growing by 94% on the year before. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded notably to $475K in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 44.8 | 204 | 355.4% |
| Saudi Arabia | 197 | 136 | 185 | 131 | -12.7% |
| Oman | 28.6 | 33.8 | 113 | 65.8 | 32.0% |
| China | N/A | N/A | N/A | 24.4 | 0% |
| Kuwait | 97.4 | 181 | 88.9 | 15.0 | -46.4% |
| Nigeria | 19.5 | 42.2 | 0.3 | N/A | -87.6% |
| Others | 6.1 | 8.1 | 9.0 | 35.1 | 79.2% |
| Total | 348 | 401 | 441 | 475 | 10.9% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Bahrain in 2022:
- United Arab Emirates (116.5 tons)
- Saudi Arabia (24.4 tons)
- Oman (7.6 tons)
- China (5.4 tons)
- Kuwait (2.0 tons)
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