Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (FOB) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (CIF) - 2022
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $3,936 per ton, picking up by 17% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, bars, rods and profiles, other than hollows increased by +119.1% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22%. Over the period under review, the average export prices reached the maximum 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 Turkey ($7,076 per ton), while the average price for exports to Egypt ($3,657 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 Spain (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $4,414 per ton in 2022, growing by 13% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 aluminium; alloys, bars, rods and profiles, other than hollows increased by +32.1% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 54%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($7,437 per ton), while the price for Kuwait ($3,970 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain
In 2022, exports of aluminium; alloys, bars, rods and profiles, other than hollows from Bahrain soared to 7.3K tons, jumping by 29% against 2021 figures. Over the period under review, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $29M in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 70%.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 10.0 | 10.5 | 18.3 | 21.9 | 29.9% |
| Kuwait | 1.8 | 0.4 | 0.4 | 4.9 | 39.6% |
| Spain | N/A | N/A | N/A | 0.7 | 0% |
| United Arab Emirates | 3.4 | 0.1 | N/A | 0.2 | -61.1% |
| Morocco | 19.7 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.2 | 0.2 | 0.9 | 4.0% |
| Total | 35.7 | 11.1 | 18.9 | 28.6 | -7.1% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Bahrain in 2022:
- Saudi Arabia (5.6K tons)
- Kuwait (1.3K tons)
- Spain (0.2K tons)
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain
After three years of growth, purchases abroad of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -10.8% to 3.6K tons in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows totaled $16M in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 101%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.9 | 6.0 | 7.9 | 7.0 | 98.1% |
| China | 0.4 | 1.0 | 4.5 | 5.2 | 135.1% |
| United Arab Emirates | 1.4 | 1.0 | 1.3 | 1.6 | 4.6% |
| Kuwait | 0.9 | 0.8 | 0.7 | 1.1 | 6.9% |
| Spain | 0.3 | 0.2 | 0.1 | 0.4 | 10.1% |
| Others | 1.5 | 1.9 | 1.5 | 0.8 | -18.9% |
| Total | 5.4 | 10.9 | 16.0 | 16.1 | 43.9% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Bahrain in 2022:
- Saudi Arabia (1735.3 tons)
- China (1153.4 tons)
- United Arab Emirates (349.1 tons)
- Kuwait (280.9 tons)
- Spain (62.9 tons)
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