Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain - 2022

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (CIF) - 2022
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (FOB) - 2022
  3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain
  4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (CIF) - 2022

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,459 per ton in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32%. The import price peaked at $1,599 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,974 per ton), while the price for Kuwait ($733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (FOB) - 2022

In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $814 per ton, surging by 143% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 241%. Over the period under review, the average export prices hit record highs at $1,470 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($3,553 per ton), while the average price for exports to the United Arab Emirates ($201 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 China (+49.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain

In 2022, imports of polymers of propylene or of other olefins, in primary formses into Bahrain skyrocketed to 8K tons, picking up by 26% on the previous year's figure. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers of propylene or of other olefins, in primary formses skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia5.75.15.36.12.3%
United Arab Emirates1.41.52.63.028.9%
Oman0.40.20.30.57.7%
Malaysia0.50.70.40.50.0%
Netherlands0.70.80.60.4-17.0%
Kuwait0.30.30.10.2-12.6%
Others0.50.70.61.130.1%
Total9.59.19.911.77.2%

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Bahrain in 2022:

  1. Saudi Arabia (4.6K tons)
  2. United Arab Emirates (2.1K tons)
  3. Oman (0.5K tons)
  4. Malaysia (0.2K tons)
  5. Kuwait (0.2K tons)
  6. Netherlands (0.1K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain

In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses were finally on the rise to reach 580 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp setback.

In value terms, exports of polymers of propylene or of other olefins, in primary formses surged to $472K in 2022. In general, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A3250%
MalaysiaN/AN/A53.766.523.8%
Saudi Arabia31.123.520.747.915.5%
PakistanN/A24310.728.7-65.6%
United Arab Emirates12.3N/A13.14.2-30.1%
Belgium21.2N/AN/AN/A0%
China46.127.9N/AN/A-39.5%
VietnamN/AN/A11.9N/A0%
India201N/A7.2N/A-81.1%
Others0.76.89.9N/A276.1%
Total31230112747214.8%

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Bahrain in 2022:

  1. Malaysia (260.0 tons)
  2. Egypt (173.3 tons)
  3. Pakistan (112.0 tons)
  4. United Arab Emirates (21.1 tons)
  5. Saudi Arabia (13.5 tons)

Source: IndexBox Market Intelligence Platform

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