Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,267 per ton, dropping by -6.6% against the previous year. In general, the import price, however, showed a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 54%. As a result, import price reached the peak level of $1,356 per ton, and then contracted in the following year.

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 Sweden ($3,039 per ton), while the price for Oman ($485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $10,471 per ton in 2022, rising by 232% against the previous year. Overall, the export price saw a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 258%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($41,379 per ton), while the average price for exports to the United Arab Emirates ($911 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 Qatar (+36.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain

In 2022, purchases abroad of alloy steel flat-rolled products, of a width 600mm or mores decreased by -50.1% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores contracted rapidly to $1.5M in 2022. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $3.3M, and then contracted dramatically in the following year.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Bahrain in 2022:

1. India (301.3 tons)
2. China (278.7 tons)
3. Germany (147.4 tons)
4. Saudi Arabia (107.0 tons)
5. Oman (82.6 tons)
6. Sweden (67.0 tons)
7. Russia (55.6 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Bahrain

In 2022, after three years of growth, there was significant decline in overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores, when their volume decreased by -67.5% to 58 tons. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,666%.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores reached $610K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 6,217% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Bahrain in 2022:

1. United Arab Emirates (37.3 tons)
2. Saudi Arabia (13.5 tons)
3. Oman (1.7 tons)

Source: IndexBox Market Intelligence Platform