Bahrain: Other Chemical Products Market 2024

Other Chemical Products Market Size in Bahrain

The Bahraini other chemical products market totaled less than $X in 2022, remaining stable against the previous year. In general, consumption enjoyed significant growth. Other chemical products consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Other Chemical Products Production in Bahrain

In value terms, other chemical products production stood at less than $X in 2022 estimated in export price. In general, production recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Other Chemical Products Exports

Exports from Bahrain

For the fourth year in a row, Bahrain recorded decline in shipments abroad of other chemical products, which decreased by X% to X tons in 2016. Over the period under review, exports recorded a dramatic downturn. The smallest decline of X% was in 2015. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, other chemical products exports declined rapidly to $X in 2016. Overall, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for other chemical products exports from Bahrain, with a X% share of total exports. Moreover, other chemical products exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Spain (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for other chemical products exports from Bahrain, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2016, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2016, growing by X% against the previous year. Over the period under review, export price indicated a significant expansion from 2012 to 2016: its price increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, other chemical products export price increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked in 2016 and is likely to see steady growth in the immediate term.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into Bahrain

In 2016, the amount of other chemical products imported into Bahrain shrank rapidly to X tons, dropping by X% against the year before. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2016, imports failed to regain momentum.

In value terms, other chemical products imports shrank to $X in 2016. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), Germany (X tons) and China (X tons) were the main suppliers of other chemical products imports to Bahrain, together accounting for X% of total imports. The United Arab Emirates, the United States, India, Free Zones, Taiwan (Chinese), the UK and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Free Zones (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to Bahrain were Germany ($X), the United Arab Emirates ($X) and China ($X), with a combined X% share of total imports. Saudi Arabia, the United States, the UK, Free Zones, India, Taiwan (Chinese) and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Free Zones, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2016, the average other chemical products import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2016, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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