Price for Phosphates; N.E.S in Item No. 2835.2 in Bahrain - 2022

Contents:

1. Price for Phosphates; N.E.S in Item No. 2835.2 in Bahrain (CIF) - 2022
2. Price for Phosphates; N.E.S in Item No. 2835.2 in Bahrain (FOB) - 2022
3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Bahrain
4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Bahrain

Price for Phosphates; N.E.S in Item No. 2835.2 in Bahrain (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,271 per ton, increasing by 3.2% against the previous year. In general, the import price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 139%. As a result, import price reached the peak level of $2,809 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.0% per year.

Price for Phosphates; N.E.S in Item No. 2835.2 in Bahrain (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $2,875 per ton in 2022, waning by -1.6% against the previous year. Over the period under review, the export price recorded a slight setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 224%. As a result, the export price attained the peak level of $9,085 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,838 per ton), while the average price for exports to Saudi Arabia totaled $2,804 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.2%).

Imports of Phosphates; N.E.S in Item No. 2835.2 in Bahrain

For the fourth year in a row, Bahrain recorded growth in supplies from abroad of phosphates; n.e.s in item no. 2835.2s, which increased by 82% to 1.4K tons in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,457%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s skyrocketed to $1.8M in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 895% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Bahrain in 2022:

1. France (1407.0 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Bahrain

In 2022, overseas shipments of phosphates; n.e.s in item no. 2835.2s decreased by -16.3% to 2 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 983%. As a result, the exports attained the peak of 5.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s shrank rapidly to $5.6K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,414%. As a result, the exports attained the peak of $49K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Bahrain in 2022:

1. United Arab Emirates (1738.0 kg)
2. Saudi Arabia (204.0 kg)

Source: IndexBox Market Intelligence Platform