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

Contents:

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

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

In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,757 per ton, reducing by -7% against the previous year. Over the period under review, the import price, however, saw measured growth. The pace of growth was the most pronounced in 2015 an increase of 58%. As a result, import price attained the peak level of $2,692 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($36,508 per ton), while the price for the United States ($1,160 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $824 per ton, dropping by -38.5% against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 83% against the previous year. The export price peaked at $3,109 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($3,082 per ton), while the average price for exports to Saudi Arabia amounted to $392 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.8%).

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bahrain

In 2022, purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms was finally on the rise to reach 35 tons after two years of decline. Overall, imports, however, recorded a deep reduction.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $62K in 2022. Over the period under review, imports, however, recorded a slight curtailment.

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

1. Austria (15.9 tons)
2. Saudi Arabia (11.6 tons)
3. United Arab Emirates (4.6 tons)
4. United States (1.1 tons)
5. China (1.0 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Bahrain

For the fourth year in a row, Bahrain recorded growth in overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 33% to 5.1 tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms fell dramatically to $4.2K in 2022. Overall, exports, however, faced a abrupt slump. The smallest decline of -6.4% was in 2020.

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

1. Saudi Arabia (4.2 tons)
2. India (0.8 tons)
3. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform