Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain - 2022

Contents:

1. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain (CIF) - 2022
2. Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain (FOB) - 2022
3. Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain
4. Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain (CIF) - 2022

In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $9,173 per ton, waning by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2013 an increase of 39%. Over the period under review, average import prices reached the maximum at $9,539 per ton in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($34,692 per ton), while the price for the United Arab Emirates ($3,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain (FOB) - 2022

In 2022, the average export price for copper; cast, moulded, stamped or forged, but not further worked amounted to $7,222 per ton, surging by 33% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. The export price peaked at $8,057 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($14,250 per ton), while the average price for exports to Kuwait ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain

In 2022, supplies from abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -71.8% to 3.5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.9%. As a result, imports reached the peak of 22 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked shrank dramatically to $32K in 2022. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of $150K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Bahrain in 2022:

1. United Kingdom (2726.0 kg)
2. United Arab Emirates (269.0 kg)
3. Turkey (105.0 kg)
4. Austria (105.0 kg)
5. Saudi Arabia (77.0 kg)
6. India (77.0 kg)
7. Egypt (36.0 kg)

Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Bahrain

After three years of growth, shipments abroad of copper; cast, moulded, stamped or forged, but not further worked decreased by -99.9% to 9 kg in 2022. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 10,600%.

In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked shrank notably to $65 in 2022. Overall, exports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 10,097% against the previous year.

Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Bahrain in 2022:

1. Saudi Arabia (4.0 kg)
2. United Arab Emirates (3.0 kg)
3. Oman (1.0 kg)
4. Kuwait (1.0 kg)

Source: IndexBox Market Intelligence Platform