Bahrain: Sheet Piling Market 2024

Sheet Piling Market Size in Bahrain

The Bahraini sheet piling market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a noticeable descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sheet Piling Production in Bahrain

In value terms, sheet piling production surged to $X in 2022 estimated in export price. Overall, production saw a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Sheet piling production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Sheet Piling Exports

Exports from Bahrain

In 2022, exports of sheet piling, shapes and sections (of iron or steel) from Bahrain shrank modestly to X tons, which is down by X% against the previous year's figure. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, sheet piling exports totaled $X in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for sheet piling exports from Bahrain, with a X% share of total exports. Moreover, sheet piling exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), tenfold.

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

In value terms, Saudi Arabia ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Bahrain, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the average sheet piling export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, 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 Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sheet Piling Imports

Imports into Bahrain

In 2022, approx. X tons of sheet piling, shapes and sections (of iron or steel) were imported into Bahrain; waning by X% against 2021. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sheet piling imports fell remarkably to $X in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest sheet piling supplier to Bahrain, with a X% share of total imports. Moreover, sheet piling imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Kuwait (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Bahrain, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

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

Import Prices by Country

In 2022, the average sheet piling import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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