Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $5,206 per ton, with a decrease of -25.4% against the previous year. Overall, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of 19% against the previous year. As a result, import price reached the peak level of $6,981 per ton, and then dropped notably in the following year.
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 Germany ($30,681 per ton), while the price for China ($2,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $7,549 per ton, waning by -20.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 316%. Over the period under review, the average export prices hit record highs at $9,502 per ton in 2021, and then fell remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for Oman amounted to +17.6% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain
For the third consecutive year, Bahrain recorded decline in purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses, which decreased by -34.2% to 111 tons in 2022. Over the period under review, imports saw a deep setback. The smallest decline of -3.1% was in 2020.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank remarkably to $576K in 2022. In general, imports faced a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 14%.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 20.9 | 46.2 | 90.9 | 108 | 72.9% |
| China | 205 | 186 | 401 | 101 | -21.0% |
| Hungary | 23.3 | 48.9 | 148 | 71.4 | 45.2% |
| United Arab Emirates | 17.5 | 20.3 | 55.0 | 70.5 | 59.1% |
| Netherlands | 119 | 142 | 13.7 | 66.0 | -17.8% |
| South Africa | N/A | N/A | N/A | 48.1 | 0% |
| Germany | 84.8 | 101 | 199 | 38.1 | -23.4% |
| Italy | 0.8 | 3.0 | 34.4 | 30.4 | 236.2% |
| Japan | 26.1 | 96.4 | 14.8 | 10.2 | -26.9% |
| South Korea | 55.1 | 39.9 | 138 | 7.6 | -48.3% |
| Turkey | 10.4 | 12.4 | 6.7 | 2.3 | -39.5% |
| Saudi Arabia | 52.8 | 46.7 | 5.0 | N/A | -69.2% |
| Others | 347 | 356 | 66.0 | 21.7 | -60.3% |
| Total | 963 | 1,099 | 1,173 | 576 | -15.7% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Bahrain in 2022:
- China (36.0 tons)
- India (28.4 tons)
- Hungary (14.8 tons)
- South Africa (8.6 tons)
- United Arab Emirates (7.2 tons)
- Netherlands (6.5 tons)
- Italy (4.6 tons)
- Germany (1.2 tons)
- Japan (0.8 tons)
- Turkey (0.6 tons)
- South Korea (0.6 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain
In 2022, shipments abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -66.6% to 1.4 tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 355%. As a result, the exports reached the peak of 4.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses fell notably to $10K in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 466%. As a result, the exports attained the peak of $44K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 30.2 | 18.9 | 9.7 | -43.3% |
| Qatar | 3.6 | 6.9 | 3.9 | N/A | 4.1% |
| United Arab Emirates | 2.6 | 2.6 | 12.3 | N/A | 117.5% |
| Oman | 1.1 | 3.4 | 3.1 | N/A | 67.9% |
| Others | 0.5 | 1.0 | 0.5 | 0.6 | 6.3% |
| Total | 7.8 | 44.1 | 38.8 | 10.3 | 9.7% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Bahrain in 2022:
- Saudi Arabia (1355.0 kg)
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