Bahrain: Organic Pigments Market 2024

Organic Pigments Market Size in Bahrain

The Bahraini organic pigments market contracted to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Organic Pigments Exports

Exports from Bahrain

In 2022, the amount of synthetic organic coloring matter and pigments exported from Bahrain soared to X tons, increasing by X% compared with the previous year's figure. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, organic pigments exports soared to $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ethiopia (X tons), Turkey (X tons) and Saudi Arabia (X kg) were the main destinations of organic pigments exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) remains the key foreign market for synthetic organic coloring matter and pigments exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Ethiopia ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average 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 Qatar ($X per ton), while the average price for exports to Ethiopia ($X per ton) was amongst the lowest.

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

Organic Pigments Imports

Imports into Bahrain

In 2022, overseas purchases of synthetic organic coloring matter and pigments decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, organic pigments imports dropped to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Germany (X tons) and India (X tons) were the main suppliers of organic pigments imports to Bahrain, with a combined X% share of total imports.

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

In value terms, Germany ($X), the United Arab Emirates ($X) and the UK ($X) constituted the largest organic pigments suppliers to Bahrain, with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Oman ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :