Price for Double or Complex Silicates in Bahrain - 2022
Contents:
- Price for Double or Complex Silicates in Bahrain (CIF) - 2022
- Price for Double or Complex Silicates in Bahrain (FOB) - 2022
- Imports of Double or Complex Silicates in Bahrain
- Exports of Double or Complex Silicates in Bahrain
Price for Double or Complex Silicates in Bahrain (CIF) - 2022
The average double or complex silicates import price stood at $3,790 per ton in 2022, waning by -37.8% against the previous year. Over the period under review, the import price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 44% against the previous year. The import price peaked at $7,683 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,034 per ton), while the price for France ($3,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Double or Complex Silicates in Bahrain (FOB) - 2022
In 2022, the average double or complex silicates export price amounted to $5,434 per ton, which is down by -25.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 164%. As a result, the export price reached the peak level of $8,879 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($5,784 per ton), while the average price for exports to Switzerland totaled $5,185 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Double or Complex Silicates in Bahrain
In 2022, supplies from abroad of double or complex silicates decreased by -46.2% to 308 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 5,038% against the previous year. As a result, imports reached the peak of 572 tons, and then dropped markedly in the following year.
In value terms, double or complex silicates imports contracted sharply to $1.2M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 3,975%. As a result, imports attained the peak of $3.5M, and then fell rapidly in the following year.
| Import of Double or Complex Silicates in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 838 | 0% |
| Belgium | N/A | N/A | 211 | 140 | -33.6% |
| Germany | 8.8 | 27.9 | 854 | 98.9 | 124.0% |
| United States | 0.1 | 13.6 | 581 | 85.3 | 848.4% |
| United Arab Emirates | 7.7 | 16.9 | 1,289 | N/A | 1193.8% |
| Italy | 2.8 | 3.3 | 89.9 | N/A | 466.6% |
| Others | 11.1 | 24.0 | 464 | 3.6 | -31.3% |
| Total | 30.5 | 85.6 | 3,488 | 1,166 | 236.9% |
Top Suppliers of Double or Complex Silicates to Bahrain in 2022:
- France (271.9 tons)
- United States (16.0 tons)
- Belgium (14.3 tons)
- Germany (5.5 tons)
Exports of Double or Complex Silicates in Bahrain
In 2022, overseas shipments of double or complex silicates were finally on the rise to reach 4.3 tons after two years of decline. In general, exports, however, faced a drastic downturn.
In value terms, double or complex silicates exports surged to $23K in 2022. Overall, exports, however, saw a mild downturn.
| Export of Double or Complex Silicates in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 31.6 | N/A | 13.5 | -34.6% |
| Kuwait | 24.2 | 9.0 | 3.8 | 9.7 | -26.3% |
| Others | N/A | N/A | 1.4 | 0.1 | -92.9% |
| Total | 24.2 | 40.5 | 5.2 | 23.2 | -1.4% |
Top Export Markets for Double or Complex Silicates from Bahrain in 2022:
- Switzerland (2.6 tons)
- Kuwait (1.7 tons)
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