Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Bahrain - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Bahrain (CIF) - 2022
2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Bahrain

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Bahrain (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $51,138 per ton, increasing by 186% against the previous year. In general, the import price saw significant growth. The most prominent rate of growth was recorded in 2019 an increase of 533% 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 the UK ($61,040 per ton), while the price for the United States stood at $18,805 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Bahrain

In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -79.4% to 7 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,033% against the previous year. As a result, imports attained the peak of 34 kg, and then contracted notably in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses declined rapidly to $334 in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 784% against the previous year. As a result, imports reached the peak of $601, and then contracted significantly in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Bahrain in 2022:

1. United Kingdom (5.0 kg)
2. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform