Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain - 2022
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain (CIF) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $44,203 per ton in 2022, increasing by 9.7% against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth was the most pronounced in 2019 an increase of 857% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($48,218 per ton), while the price for India stood at $4,614 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+35.9%).
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain
After three years of growth, overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -49.8% to 127 tons in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 885% against the previous year. As a result, imports reached the peak of 253 tons, and then declined dramatically in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol plummeted to $5.6M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 896%. As a result, imports attained the peak of $10M, and then declined sharply in the following year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.5 | 1.0 | 10.1 | 5.5 | 122.4% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 1.0 | 10.2 | 5.6 | 123.7% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Bahrain in 2022:
- Saudi Arabia (115.0 tons)
- India (11.4 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Bahrain.
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