Price for Carbides, Whether or Not Chemically Defined in Bahrain - 2022

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Bahrain (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Bahrain (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Bahrain
  4. Exports of Carbides, Whether or Not Chemically Defined in Bahrain

Price for Carbides, Whether or Not Chemically Defined in Bahrain (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $1,464 per ton in 2022, with an increase of 12% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 carbides, whether or not chemically defineds increased by +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($1,763 per ton) and Slovakia ($1,678 per ton), while the price for China ($1,251 per ton) and Germany ($1,616 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Bahrain (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $917 per ton, declining by -37.6% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 112%. Over the period under review, the average export prices reached the peak figure at $24,109 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +2.4% per year.

Imports of Carbides, Whether or Not Chemically Defined in Bahrain

In 2022, imports of carbides, whether or not chemically defineds into Bahrain stood at 608 tons, increasing by 12% against 2021. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year.

In value terms, imports of carbides, whether or not chemically defineds soared to $890K in 2022. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Carbides, Whether or Not Chemically Defined in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia39.929.2139399115.4%
China19334.957.439226.6%
Italy19.60.51.769.852.7%
Germany9.06.19.129.147.9%
Slovenia33.610.715.7N/A-31.6%
South Africa301198289N/A-2.0%
Saudi Arabia10612.891.4N/A-7.1%
Others68.248.71041.1-74.7%
Total7703417088904.9%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Bahrain in 2022:

  1. China (313.0 tons)
  2. Slovakia (237.6 tons)
  3. Italy (39.6 tons)
  4. Germany (18.0 tons)

Exports of Carbides, Whether or Not Chemically Defined in Bahrain

Exports of carbides, whether or not chemically defineds from Bahrain soared to 4.7 tons in 2022, picking up by 1,985% on 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of carbides, whether or not chemically defineds skyrocketed to $4.3K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbides, Whether or Not Chemically Defined in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.30.30.24.3142.9%
Others0.30.20.1N/A-42.3%
Total0.60.50.34.392.8%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Bahrain in 2022:

  1. United Arab Emirates (4.7 tons)

Source: IndexBox Market Intelligence Platform

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