Price for Zinc; Bars, Rods, Profiles and Wire in Bahrain - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Bahrain (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Bahrain (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Bahrain
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Bahrain

Price for Zinc; Bars, Rods, Profiles and Wire in Bahrain (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $1,482 per ton, with an increase of 18% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, average import prices hit record highs at $3,455 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,194 per ton), while the price for Saudi Arabia ($1,081 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Bahrain (FOB) - 2022

The average export price for zinc; bars, rods, profiles and wires stood at $508 per ton in 2022, with a decrease of -75.8% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 335%. Over the period under review, the average export prices attained the peak figure at $2,607 per ton in 2014; however, from 2015 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 the United Arab Emirates ($1,771 per ton), while the average price for exports to Saudi Arabia amounted to $461 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 (-7.6%).

Imports of Zinc; Bars, Rods, Profiles and Wire in Bahrain

After three years of growth, purchases abroad of zinc; bars, rods, profiles and wires decreased by -25.9% to 118 tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year.

In value terms, imports of zinc; bars, rods, profiles and wires declined to $174K in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $199K, and then dropped in the following year.

Import of Zinc; Bars, Rods, Profiles and Wire in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia89.576.01081107.1%
Germany1.22.918.910.8108.0%
United Kingdom15.31.322.910.4-12.1%
Taiwan (Chinese)9.47.76.16.8-10.2%
China7.139.85.02.9-25.8%
Others24.435.938.633.310.9%
Total1471641991745.8%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Bahrain in 2022:

  1. Saudi Arabia (102.0 tons)
  2. Germany (3.3 tons)
  3. Taiwan (Chinese) (2.8 tons)
  4. United Kingdom (2.6 tons)
  5. China (1.5 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Bahrain

In 2022, shipments abroad of zinc; bars, rods, profiles and wires increased by 90% to 2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous setback.

In value terms, exports of zinc; bars, rods, profiles and wires declined rapidly to $1K in 2022. Over the period under review, exports, however, faced a dramatic slump. The smallest decline of -32.2% was in 2020.

Export of Zinc; Bars, Rods, Profiles and Wire in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia2.43.0N/A0.9-27.9%
United Arab Emirates0.10.22.10.10.0%
Free Zones2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.83.22.21.0-40.7%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Bahrain in 2022:

  1. Saudi Arabia (1916.0 kg)
  2. United Arab Emirates (70.0 kg)

Source: IndexBox Market Intelligence Platform

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