Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,846 per ton, with an increase of 74% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +75.7% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,995 per ton), while the price for China ($2,766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $7,982 per ton in 2022, rising by 96% against the previous year. In general, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2017 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +45.6% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain
For the fourth consecutive year, Bahrain recorded growth in overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which increased by 8% to 155 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 63%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $442K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 124 | 93.2 | 232 | 149.2% |
| India | 96.9 | 59.8 | 114 | 204 | 28.2% |
| United Arab Emirates | 41.8 | 41.5 | 23.7 | N/A | -24.7% |
| Others | 5.0 | 2.4 | 4.7 | 5.7 | 4.5% |
| Total | 159 | 228 | 235 | 442 | 40.6% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Bahrain in 2022:
- China (84.0 tons)
- India (69.6 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain
In 2022, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol from Bahrain soared to 44 tons, with an increase of 24% on 2021 figures. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 48%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $348K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.3 | N/A | N/A | 348 | 372.4% |
| Djibouti | 44.2 | N/A | N/A | N/A | 0% |
| Ethiopia | 18.8 | 145 | 47.3 | N/A | 58.6% |
| Kuwait | N/A | N/A | 96.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 66.3 | 145 | 143 | 348 | 73.8% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Bahrain in 2022:
- Saudi Arabia (43.6 tons)
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