Bahrain: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Bahrain

The Bahraini articles of fiber cement market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Bahrain

In value terms, articles of fiber cement production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Articles of fiber cement production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Bahrain

In 2022, shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, articles of fiber cement exports surged to $X in 2022. Overall, exports recorded pronounced growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons), India (X tons) and Oman (X tons) were the main destinations of articles of fiber cement exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Saudi Arabia ($X), Oman ($X) and India ($X) appeared to be the largest markets for articles of fiber cement exported from Bahrain worldwide, together accounting for X% of total exports.

Among the main countries of destination, India, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to India ($X 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 Saudi Arabia (X%).

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Bahrain

In 2022, supplies from abroad of articles of asbestos-cement, cellulose fiber-cement or the like was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced contraction. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a perceptible slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest articles of fiber cement supplier to Bahrain, with a X% share of total imports. Moreover, articles of fiber cement imports from India exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and China (X% per year).

In value terms, Belgium ($X), India ($X) and Saudi Arabia ($X) were the largest articles of fiber cement suppliers to Bahrain, together comprising X% of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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