Bahrain: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Bahrain

In 2022, the Bahraini polyvinyl chloride market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Polyvinyl chloride consumption peaked at $X in 2021, and then reduced in the following year.

Polyvinyl Chloride Exports

Exports from Bahrain

In 2022, polyvinyl chloride exports from Bahrain rose remarkably to X tons, increasing by X% on 2021 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, polyvinyl chloride exports expanded significantly to $X in 2022. In general, exports posted resilient growth. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for polyvinyl chloride exports from Bahrain, accounting for a X% share of total exports. It was followed by the United Arab Emirates (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for polyvinyl chloride exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with less than X% share of total exports.

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

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 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 Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced a decline.

Polyvinyl Chloride Imports

Imports into Bahrain

In 2022, the amount of polyvinyl chloride imported into Bahrain totaled X tons, picking up by X% compared with 2021 figures. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polyvinyl chloride imports contracted to $X in 2022. Overall, imports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), the United States (X tons) and Saudi Arabia (X tons) were the main suppliers of polyvinyl chloride imports to Bahrain, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of polyvinyl chloride to Bahrain, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

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

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then fell dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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