Bahrain: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Bahrain

After three years of growth, the Bahraini ferro-cerium and pyrophoric alloys market decreased by X% to $X in 2022. In general, consumption saw a deep setback. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Ferro-Cerium And Pyrophoric Alloys in Bahrain

In value terms, ferro-cerium and pyrophoric alloys production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Bahrain

In 2022, shipments abroad of ferro-cerium and pyrophoric alloys increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X,963% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-cerium and pyrophoric alloys exports surged to $X in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X,359%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Jordan (X tons) were the main destinations of ferro-cerium and pyrophoric alloys exports from Bahrain, with a combined X% share of total exports.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for ferro-cerium and pyrophoric alloys exports from Bahrain, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Jordan, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

Export Prices by Country

The average ferro-cerium and pyrophoric alloys export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Mauritius ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Bahrain

In 2022, the amount of ferro-cerium and pyrophoric alloys imported into Bahrain reduced rapidly to X tons, waning by X% against the previous year. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports contracted sharply to $X in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest ferro-cerium and pyrophoric alloys supplier to Bahrain, accounting for a X% share of total imports. Moreover, ferro-cerium and pyrophoric alloys imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

In value terms, the United States ($X) constituted the largest supplier of ferro-cerium and pyrophoric alloys to Bahrain, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average ferro-cerium and pyrophoric alloys import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, recorded a notable increase. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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 the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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