Price for Fertilizers; Mineral or Chemical, Phosphatic in Bahrain - 2022

Contents:

  1. Price for Fertilizers; Mineral or Chemical, Phosphatic in Bahrain (CIF) - 2022
  2. Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bahrain

Price for Fertilizers; Mineral or Chemical, Phosphatic in Bahrain (CIF) - 2022

In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $659 per ton, remaining relatively unchanged against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 155% against the previous year. As a result, import price attained the peak level of $1,406 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Saudi Arabia ($2,059 per ton), while the price for the United Arab Emirates stood at $153 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.4%).

Imports of Fertilizers; Mineral or Chemical, Phosphatic in Bahrain

For the third consecutive year, Bahrain recorded decline in supplies from abroad of fertilizers; mineral or chemical, phosphatics, which decreased by 0% to 9.1 tons in 2022. Overall, imports showed a precipitous setback. The smallest decline of -57.7% was in 2020.

In value terms, fertilizers; mineral or chemical, phosphatic imports stood at $6K in 2022. In general, imports continue to indicate a precipitous slump. The smallest decline of -37.3% was in 2020.

Import of Fertilizers; Mineral or Chemical, Phosphatic in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia12.69.4N/A5.0-26.5%
United Arab Emirates4.22.5N/A1.0-38.0%
Free Zones2.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.011.9N/A6.0-31.9%

Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Bahrain in 2022:

  1. United Arab Emirates (6.7 tons)
  2. Saudi Arabia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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