Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (FOB) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (CIF) - 2022
  3. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain
  4. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,233 per ton, surging by 33% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% 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; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s increased by +71.0% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($4,603 per ton) and the Netherlands ($4,585 per ton), while the average price for exports to the United Arab Emirates ($3,759 per ton) and Saudi Arabia ($3,780 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (CIF) - 2022

The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,172 per ton in 2022, surging by 30% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2017 an increase of 47% against the previous year. As a result, import price reached the peak level of $3,647 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,527 per ton), while the price for Free Zones ($2,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain

In 2022, approx. 113K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were exported from Bahrain; waning by -15.3% compared with 2021 figures. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 94%. As a result, the exports reached the peak of 133K tons, and then reduced notably in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s rose notably to $478M in 2022. Over the period under review, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 150%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24340.5124149-15.0%
Netherlands21.318.143.175.252.3%
Saudi Arabia18.225.230.952.542.4%
United Arab Emirates8.823.340.745.272.5%
Turkey2.48.739.033.5140.8%
CanadaN/A0.211.817.8843.4%
India0.314.817.617.2285.6%
Australia7.311.718.917.233.1%
Italy1.14.411.815.6142.1%
PolandN/A2.018.111.2136.6%
Singapore3.74.66.86.822.5%
JordanN/A1.130.91.10.0%
Others12.315.431.435.242.0%
Total31817042547814.6%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Bahrain in 2022:

  1. United States (33.5K tons)
  2. Netherlands (16.4K tons)
  3. Saudi Arabia (13.9K tons)
  4. United Arab Emirates (12.0K tons)
  5. Turkey (8.0K tons)
  6. India (4.5K tons)
  7. Australia (4.2K tons)
  8. Canada (4.0K tons)
  9. Italy (3.7K tons)
  10. Poland (2.4K tons)
  11. Singapore (1.8K tons)
  12. Jordan (0.3K tons)

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain

For the third consecutive year, Bahrain recorded decline in purchases abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, which decreased by -36.2% to 961 tons in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -22% was in 2021.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s plummeted to $3M in 2022. Over the period under review, imports saw a precipitous slump.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4,2752,3082,2401,193-34.7%
Oman27412929178241.8%
China1,9661,074409563-34.1%
India1,039599436171-45.2%
Free Zones65.220784.511320.1%
Japan48.85.152.210227.9%
Others567468163126-39.4%
Total8,2334,7913,6773,050-28.2%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Bahrain in 2022:

  1. United Arab Emirates (402.0 tons)
  2. Oman (246.5 tons)
  3. China (159.3 tons)
  4. India (56.6 tons)
  5. Free Zones (51.7 tons)
  6. Japan (25.3 tons)

Source: IndexBox Market Intelligence Platform

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