Price for Dyes; Pigments and Preparations Based Thereon in Bahrain - 2022

Contents:

1. Price for Dyes; Pigments and Preparations Based Thereon in Bahrain (CIF) - 2022
2. Price for Dyes; Pigments and Preparations Based Thereon in Bahrain (FOB) - 2022
3. Imports of Dyes; Pigments and Preparations Based Thereon in Bahrain
4. Exports of Dyes; Pigments and Preparations Based Thereon in Bahrain

Price for Dyes; Pigments and Preparations Based Thereon in Bahrain (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $5,061 per ton in 2022, waning by -6.7% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 dyes; pigments and preparations based therea increased by +16.9% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 57% against the previous year. The import price peaked at $5,424 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($31,108 per ton), while the price for Vietnam ($2,039 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Bahrain (FOB) - 2022

The average export price for dyes; pigments and preparations based therea stood at $12,441 per ton in 2022, dropping by -28.8% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The growth pace was the most rapid in 2015 when the average export price increased by 60% against the previous year. The export price peaked at $17,976 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($20,130 per ton), while the average price for exports to the United Arab Emirates amounted to $6,626 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Bahrain

In 2022, imports of dyes; pigments and preparations based therea into Bahrain amounted to 367 tons, surging by 8.2% compared with 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 474 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of dyes; pigments and preparations based therea stood at $1.9M in 2022. Overall, imports, however, saw a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 1.4% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Bahrain in 2022:

1. United Arab Emirates (269.4 tons)
2. China (31.5 tons)
3. India (20.8 tons)
4. Pakistan (20.1 tons)
5. Vietnam (10.5 tons)
6. Norway (5.2 tons)
7. United States (1.9 tons)
8. Finland (1.8 tons)
9. Germany (1.1 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Bahrain

Exports of dyes; pigments and preparations based therea from Bahrain rose significantly to 8.4 tons in 2022, picking up by 12% compared with the previous year. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 514%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of dyes; pigments and preparations based therea declined notably to $105K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 496% against the previous year. As a result, the exports reached the peak of $132K, and then contracted rapidly in the following year.

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Bahrain in 2022:

1. United Arab Emirates (4.8 tons)
2. Saudi Arabia (3.6 tons)

Source: IndexBox Market Intelligence Platform