Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $12,856 per ton in 2022, growing by 76% against the previous year. Over the period under review, the import price recorded pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($27,211 per ton), while the price for China ($6,872 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 (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $10,108 per ton in 2022, standing approx. at the previous year. In general, the export price showed a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $31,301 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
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 India ($11,863 per ton), while the average price for exports to Saudi Arabia ($6,843 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 India (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain
In 2022, overseas purchases of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -23.1% to 212 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 233%. As a result, imports attained the peak of 465 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $2.7M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 158% against the previous year. As a result, imports attained the peak of $3.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 105 | 403 | 58.9 | 1,915 | 163.2% |
| India | 392 | 898 | 753 | 384 | -0.7% |
| China | 435 | 1,315 | 661 | 234 | -18.7% |
| United Arab Emirates | 0.4 | 2.7 | 3.4 | 81.9 | 489.4% |
| Japan | 12.2 | 55.0 | 52.8 | 19.4 | 16.7% |
| Sweden | 142 | 415 | 133 | 17.0 | -50.7% |
| Spain | 78.3 | 77.7 | 11.6 | 12.3 | -46.0% |
| Italy | 61.5 | 21.6 | 44.1 | 9.9 | -45.6% |
| Others | 183 | 452 | 297 | 51.0 | -34.7% |
| Total | 1,410 | 3,640 | 2,015 | 2,724 | 24.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Bahrain in 2022:
- South Korea (115.9 tons)
- India (48.2 tons)
- China (34.0 tons)
- United Arab Emirates (5.8 tons)
- Japan (1.5 tons)
- Spain (1.4 tons)
- Italy (1.2 tons)
- Sweden (0.7 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain
In 2022, overseas shipments of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were finally on the rise to reach 990 kg after two years of decline. Over the period under review, exports, however, continue to indicate a sharp slump.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $10K in 2022. In general, exports, however, faced a sharp descent.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.2 | 1.7 | 1.1 | 3.6 | -26.9% |
| United Arab Emirates | 7.3 | 1.9 | 1.1 | 3.3 | -23.3% |
| Saudi Arabia | 301 | 1.5 | 0.7 | 1.5 | -82.9% |
| Kuwait | 0.6 | 0.1 | 0.1 | 0.2 | -30.7% |
| Others | 6.6 | 2.0 | 0.5 | 1.4 | -40.4% |
| Total | 324 | 7.1 | 3.4 | 10.0 | -68.6% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Bahrain in 2022:
- United Arab Emirates (381.0 kg)
- India (307.0 kg)
- Saudi Arabia (217.0 kg)
- Kuwait (15.0 kg)
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