Waferboard Price in Bahrain - 2022

Contents:

  1. Waferboard Price in Bahrain (CIF) - 2022
  2. Waferboard Price in Bahrain (FOB) - 2022
  3. Waferboard Imports in Bahrain
  4. Waferboard Exports in Bahrain

Waferboard Price in Bahrain (CIF) - 2022

The average waferboard import price stood at $368 per cubic meter in 2022, with an increase of 7.4% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2021 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $441 per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($505 per cubic meter), while the price for Turkey ($308 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in Bahrain (FOB) - 2022

In 2022, the average waferboard export price amounted to $365 per cubic meter, increasing by 28% against the previous year. Overall, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 36% against the previous year. Over the period under review, the average export prices reached the maximum at $534 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($523 per cubic meter), while the average price for exports to Saudi Arabia ($339 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.5%).

Waferboard Imports in Bahrain

Waferboard imports into Bahrain skyrocketed to 22K cubic meters in 2022, picking up by 21% compared with 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, waferboard imports skyrocketed to $8.1M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Waferboard in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7741,1162,2751,99137.0%
China4026904501,49054.8%
Italy3313798651,04346.6%
Romania1,0371,085950972-2.1%
BulgariaN/A36539293760.2%
Germany32930221060622.6%
Spain26031927040415.8%
Austria58.442.210521454.2%
United Arab Emirates39857748824.5-60.5%
Others3191271973806.0%
Total3,9085,0036,2018,06327.3%

Top Suppliers of Waferboard to Bahrain in 2022:

  1. Turkey (6.5K cubic meters)
  2. China (4.2K cubic meters)
  3. Bulgaria (2.9K cubic meters)
  4. Romania (2.2K cubic meters)
  5. Italy (2.1K cubic meters)
  6. Germany (1.6K cubic meters)
  7. Spain (1.0K cubic meters)
  8. Austria (0.5K cubic meters)
  9. United Arab Emirates (0.1K cubic meters)

Waferboard Exports in Bahrain

For the fourth year in a row, Bahrain recorded growth in shipments abroad of waferboards, which increased by 13% to 1.4K cubic meters in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, waferboard exports soared to $528K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 155% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Waferboard in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia11328936642255.1%
United Arab EmiratesN/AN/AN/A74.30%
QatarN/AN/AN/A31.90%
OthersN/AN/AN/AN/A0%
Total11328936652867.2%

Top Export Markets for Waferboard from Bahrain in 2022:

  1. Saudi Arabia (1243.0 cubic meters)
  2. United Arab Emirates (143.0 cubic meters)
  3. Qatar (61.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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