Wooden Particle Board Price in Bahrain - 2022

Contents:

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

Wooden Particle Board Price in Bahrain (CIF) - 2022

In 2022, the average wooden particle board import price amounted to $555 per cubic meter, growing by 5.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($549 per cubic meter), while the price for China totaled $540 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Wooden Particle Board Price in Bahrain (FOB) - 2022

The average wooden particle board export price stood at $38 per cubic meter in 2022, with a decrease of -94.9% against the previous year. In general, the export price faced a significant decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 354%. The export price peaked at $819 per cubic meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($95 per cubic meter), while the average price for exports to Kuwait ($8 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 (-21.4%), while the prices for the other major destinations experienced a decline.

Wooden Particle Board Imports in Bahrain

In 2022, approx. 362 cubic meters of wooden particle board were imported into Bahrain; rising by 48% on the previous year. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wooden particle board imports surged to $201K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value 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 +62.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wooden Particle Board in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.239.755.616099.3%
France0.61.52.534.6286.3%
India30.214.46.36.0-41.6%
Germany7.76.23.8N/A-29.7%
Italy23.911.07.7N/A-43.2%
Romania6.45.33.3N/A-28.2%
Canada11.711.99.2N/A-11.3%
Others22.865.940.60.5-72.0%
Total12315612920117.8%

Top Suppliers of Wooden Particle Board to Bahrain in 2022:

  1. China (296.0 cubic meters)
  2. France (63.0 cubic meters)
  3. India (1.0 cubic meters)

Wooden Particle Board Exports in Bahrain

In 2022, after three years of growth, there was significant decline in shipments abroad of wooden particle board, when their volume decreased by -88% to 3 cubic meters. In general, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 1,050%. The exports peaked at 25 cubic meters in 2021, and then fell sharply in the following year.

In value terms, wooden particle board exports shrank dramatically to $115 in 2022. Overall, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 1,168% against the previous year. The exports peaked at $19K in 2021, and then fell rapidly in the following year.

Export of Wooden Particle Board in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia0.911.215.90.1-51.9%
Kuwait0.11.21.5N/A287.3%
PakistanN/A1.11.5N/A36.4%
OthersN/AN/AN/AN/A0%
Total1.113.518.80.1-55.0%

Top Export Markets for Wooden Particle Board from Bahrain in 2022:

  1. Pakistan (1.0 cubic meters)
  2. Saudi Arabia (1.0 cubic meters)
  3. Kuwait (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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