Price for Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $496 per ton in 2022, rising by 21% against the previous year. Over the period under review, the export price recorded a slight increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($899 per ton), while the average price for exports to the United States ($278 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 Tanzania (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $2,115 per ton, remaining stable against the previous year. Overall, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 156%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,169 per ton), while the price for the United Arab Emirates ($795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi exported from Bahrain stood at 860K tons, growing by 6.4% on 2021 figures. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, fertilizers; mineral or chemical, nitrogenous exports surged to $427M in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 92%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 92.3 | 58.0 | 119 | 106 | 4.7% |
| United States | 16.9 | 23.2 | 26.1 | 101 | 81.5% |
| Australia | 18.2 | 14.2 | 15.6 | 85.4 | 67.4% |
| Thailand | 18.7 | 30.9 | 16.1 | 48.5 | 37.4% |
| Brazil | N/A | 17.8 | 91.6 | 29.7 | 29.2% |
| France | N/A | N/A | N/A | 21.6 | 0% |
| South Africa | 22.4 | 7.3 | 37.1 | 17.8 | -7.4% |
| Mexico | 26.7 | N/A | N/A | N/A | 0% |
| Others | 23.3 | 21.1 | 25.1 | 16.3 | -11.2% |
| Total | 218 | 173 | 331 | 427 | 25.1% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Bahrain in 2022:
- United States (364.4K tons)
- India (170.6K tons)
- Australia (95.0K tons)
- Thailand (81.4K tons)
- Brazil (44.0K tons)
- France (44.0K tons)
- South Africa (33.0K tons)
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi imported into Bahrain totaled 95 tons, remaining constant against the previous year. Over the period under review, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 8% against the previous year. As a result, imports attained the peak of 133 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, fertilizers; mineral or chemical, nitrogenous imports totaled $202K in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 43%. As a result, imports reached the peak of $232K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.6 | 18.7 | 24.2 | 116 | 57.7% |
| Germany | 13.7 | 59.9 | 66.1 | 49.3 | 53.2% |
| United Arab Emirates | 41.7 | 60.9 | 67.5 | 17.5 | -25.1% |
| Australia | 10.0 | 2.8 | N/A | 8.8 | -4.2% |
| Norway | 6.8 | N/A | N/A | N/A | 0% |
| India | 4.5 | N/A | N/A | N/A | 0% |
| Egypt | 0.1 | 55.6 | N/A | N/A | 55500.0% |
| Canada | 8.2 | 0.2 | N/A | N/A | -97.6% |
| Others | 47.1 | 33.3 | 41.5 | 9.9 | -40.5% |
| Total | 162 | 232 | 199 | 202 | 7.6% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Bahrain in 2022:
- France (58.8 tons)
- United Arab Emirates (22.0 tons)
- Germany (9.5 tons)
- Australia (2.7 tons)
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