Price for Copper; Waste and Scrap in Bahrain - 2022

Contents:

1. Price for Copper; Waste and Scrap in Bahrain (FOB) - 2022
2. Price for Copper; Waste and Scrap in Bahrain (CIF) - 2022
3. Exports of Copper; Waste and Scrap in Bahrain
4. Imports of Copper; Waste and Scrap in Bahrain

Price for Copper; Waste and Scrap in Bahrain (FOB) - 2022

The average copper; waste and scrap export price stood at $6,988 per ton in 2022, remaining stable against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 31%. As a result, the export price reached the peak level of $7,069 per ton, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($10,131 per ton), while the average price for exports to Pakistan ($1,271 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 South Korea (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper; Waste and Scrap in Bahrain (CIF) - 2022

In 2022, the average copper; waste and scrap import price amounted to $5,420 per ton, growing by 10% against the previous year. Over the period under review, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($266,737 per ton), while the price for Qatar ($985 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+53.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper; Waste and Scrap in Bahrain

In 2022, the amount of copper; waste and scraps exported from Bahrain reduced to 6.3K tons, dropping by -5.1% on the previous year's figure. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 68%.

In value terms, copper; waste and scrap exports reduced to $44M in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 121% against the previous year. As a result, the exports reached the peak of $47M, and then fell in the following year.

Top Export Markets for Copper; Waste and Scrap from Bahrain in 2022:

1. South Korea (1653.7 tons)
2. India (1404.1 tons)
3. United Arab Emirates (917.9 tons)
4. Pakistan (852.8 tons)
5. China (402.2 tons)
6. Japan (371.4 tons)
7. Hong Kong SAR (169.6 tons)
8. Taiwan (Chinese) (29.6 tons)

Imports of Copper; Waste and Scrap in Bahrain

In 2022, approx. 10 tons of copper; waste and scraps were imported into Bahrain; growing by 38% compared with the previous year's figure. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 499% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, copper; waste and scrap imports surged to $55K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 600% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Copper; Waste and Scrap to Bahrain in 2022:

1. Qatar (6.5 tons)
2. Japan (3.7 tons)

Source: IndexBox Market Intelligence Platform