Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain - 2022

Contents:

1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain (CIF) - 2022
2. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain (FOB) - 2022
3. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain
4. Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain (CIF) - 2022

In 2022, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $2,945 per ton, rising by 16% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The import price peaked at $3,151 per ton in 2014; however, from 2015 to 2022, 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 the United States ($9,503 per ton), while the price for Saudi Arabia ($754 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain (FOB) - 2022

The average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,647 per ton in 2022, with an increase of 108% against the previous year. Over the period under review, the export price posted a slight increase. The growth pace was the most rapid in 2017 when the average export price increased by 132% against the previous year. The export price peaked at $4,456 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($4,690 per ton), while the average price for exports to the United Arab Emirates ($3,112 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 Kuwait (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain

Imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips into Bahrain expanded remarkably to 2.5K tons in 2022, surging by 12% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips soared to $7.5M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Bahrain in 2022:

1. Germany (1159.7 tons)
2. China (1053.1 tons)
3. India (286.2 tons)

Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Bahrain

Exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Bahrain contracted significantly to 43 tons in 2022, dropping by -32.6% on 2021 figures. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 49%. As a result, the exports attained the peak of 63 tons, and then shrank markedly in the following year.

In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips skyrocketed to $155K in 2022. In general, exports showed a mild downturn.

Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Bahrain in 2022:

1. Saudi Arabia (36.2 tons)
2. United Arab Emirates (5.2 tons)
3. Kuwait (0.9 tons)

Source: IndexBox Market Intelligence Platform