Report Update Apr 1, 2024

Bahrain - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights

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Bahrain: Artificial Corundum Market 2024

Artificial Corundum Market Size in Bahrain

For the fourth consecutive year, the Bahraini artificial corundum market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption showed a pronounced contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Artificial Corundum Production in Bahrain

In value terms, artificial corundum production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Artificial corundum production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Artificial Corundum Exports

Exports from Bahrain

Artificial corundum exports from Bahrain contracted to X tons in 2022, dropping by X% against the previous year. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial corundum exports expanded sharply to $X in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

India (X tons), Turkey (X tons) and Slovenia (X tons) were the main destinations of artificial corundum exports from Bahrain, with a combined X% share of total exports.

From 2014 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Slovenia ($X) and India ($X) appeared to be the largest markets for artificial corundum exported from Bahrain worldwide, with a combined X% share of total exports.

Among the main countries of destination, Turkey, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average artificial corundum export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Corundum Imports

Imports into Bahrain

In 2022, after three years of growth, there was significant decline in supplies from abroad of artificial corundum, when their volume decreased by X% to X tons. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, artificial corundum imports dropped notably to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Italy (X tons) was the main artificial corundum supplier to Bahrain, accounting for a X% share of total imports. Moreover, artificial corundum imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%.

In value terms, Italy ($X) constituted the largest supplier of artificial corundum to Bahrain, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%.

Import Prices by Country

In 2022, the average artificial corundum import price amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China totaled $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial corundum in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 40% share of global consumption.

What are the largest producers of artificial corundum in the world?

The country with the largest volume of artificial corundum production was China, comprising approx. 44% of total volume. Moreover, artificial corundum production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The United States ranked third in terms of total production with a 7% share.

What are the leading suppliers of artificial corundum to Bahrain?

In value terms, Italy constituted the largest supplier of artificial corundum to Bahrain, comprising 97% of total imports. The second position in the ranking was taken by China, with a 3.3% share of total imports.

What are the leading importers of artificial corundum from Bahrain?

In value terms, the largest markets for artificial corundum exported from Bahrain were Turkey, Slovenia and India, with a combined 41% share of total exports.

What is the average export price for artificial corundum in Bahrain?

The average artificial corundum export price stood at $1,004 per ton in 2022, increasing by 17% against the previous year.

What is the average import price for artificial corundum in Bahrain?

In 2022, the average artificial corundum import price amounted to $1,626 per ton, dropping by -36.9% against the previous year.

This report provides an in-depth analysis of the artificial corundum market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)

Country coverage:

Bahrain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bahrain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023