Price for Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain - 2022

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain (CIF) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain (FOB) - 2022
3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain
4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $2,390 per ton, shrinking by -29.7% against the previous year. Overall, the import price showed a deep reduction. The growth pace was the most rapid in 2016 when the average import price increased by 437%. The import price peaked at $23,503 per ton in 2017; however, from 2018 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 United States ($16,137 per ton), while the price for Oman ($809 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 (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $964 per ton in 2022, approximately reflecting the previous year. In general, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 10%. The export price peaked at $4,321 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,333 per ton), while the average price for exports to South Korea ($212 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 Oman (-9.1%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Bahrain soared to 28 tons, increasing by 147% against the year before. Overall, imports, however, recorded a sharp contraction.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $68K in 2022. Over the period under review, imports, however, showed a precipitous decrease.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Bahrain in 2022:

1. South Korea (11.1 tons)
2. China (8.1 tons)
3. Oman (6.0 tons)
4. Belgium (1.3 tons)
5. United Arab Emirates (0.8 tons)
6. United States (0.1 tons)
7. United Kingdom (0.1 tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Bahrain

In 2022, the amount of petroleum gases and other gaseous hydrocarbonses exported from Bahrain stood at 804 kg, approximately equating 2021. Overall, exports recorded a sharp curtailment. The smallest decline of -99.7% was in 2020.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses totaled $775 in 2022. Over the period under review, exports recorded a sharp setback. The smallest decline of -99.8% was in 2020.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Bahrain in 2022:

1. Jordan (529.0 kg)
2. India (69.0 kg)
3. Indonesia (63.0 kg)
4. China (37.0 kg)
5. Japan (33.0 kg)
6. South Korea (33.0 kg)
7. Oman (15.0 kg)

Source: IndexBox Market Intelligence Platform