Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $527 per ton, increasing by 7.8% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; of alloy steel (excluding stainless)s increased by +44.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 72% against the previous year. Over the period under review, the average export prices hit record highs at $542 per ton in 2018; however, from 2019 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 Pakistan ($976 per ton), while the average price for exports to India totaled $408 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+5.7%), while the prices for the other major destinations experienced a decline.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $719 per ton, jumping by 106% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 109%. Over the period under review, average import prices hit record highs at $2,183 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the UK ($2,886 per ton), while the price for China ($375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.7%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain
For the third year in a row, Bahrain recorded decline in overseas shipments of ferrous waste and scrap; of alloy steel (excluding stainless)s, which decreased by -43.4% to 454 tons in 2022. Over the period under review, exports showed a dramatic descent. The smallest decline of -37.2% was in 2021.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s reduced markedly to $239K in 2022. In general, exports recorded a precipitous decrease. The smallest decline of -30.3% was in 2021.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,041 | 495 | 26.2 | 148 | -47.8% |
| Pakistan | 396 | 109 | 376 | 89.0 | -39.2% |
| Thailand | N/A | N/A | 10.0 | N/A | 0% |
| Others | 5.0 | 1.9 | 10.1 | 2.3 | -22.8% |
| Total | 1,442 | 606 | 422 | 239 | -45.1% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Bahrain in 2022:
- India (361.2 tons)
- Pakistan (91.2 tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain
Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Bahrain skyrocketed to 2 tons in 2022, increasing by 274% against the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $1.4K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 1,313 | 0% |
| United Kingdom | 626 | 846 | 1,075 | 101 | -45.6% |
| China | 84.0 | 50.0 | 12.0 | 3.0 | -67.1% |
| Others | 47.0 | 31.0 | 11.0 | 2.0 | -65.1% |
| Total | 757 | 927 | 1,098 | 1,419 | 23.3% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Bahrain in 2022:
- Japan (1931.0 kg)
- United Kingdom (35.0 kg)
- China (8.0 kg)
178
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bahrain.
697
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
178
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Bahrain.
697
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
