Bahrain - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Spiral or Discs Spring in Bahrain - 2022

Contents:

  1. Price for Metal Spiral or Discs Spring in Bahrain (CIF) - 2022
  2. Price for Metal Spiral or Discs Spring in Bahrain (FOB) - 2022
  3. Imports of Metal Spiral or Discs Spring in Bahrain
  4. Exports of Metal Spiral or Discs Spring in Bahrain

Price for Metal Spiral or Discs Spring in Bahrain (CIF) - 2022

In 2022, the average import price for iron or steel flat spiral or discs springs amounted to $14,416 per ton, rising by 47% against the previous year. In general, the import price continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by 94% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($57,140 per ton), while the price for China ($3,995 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal Spiral or Discs Spring in Bahrain (FOB) - 2022

In 2022, the average export price for iron or steel flat spiral or discs springs amounted to $1,169 per ton, falling by -69% against the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $17,019 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($8,078 per ton), while the average price for exports to the United Arab Emirates stood at $535 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-16.0%).

Imports of Metal Spiral or Discs Spring in Bahrain

In 2022, the amount of iron or steel flat spiral or discs springs imported into Bahrain contracted rapidly to 23 tons, falling by -58.8% compared with the year before. Over the period under review, imports saw a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. As a result, imports attained the peak of 55 tons, and then contracted dramatically in the following year.

In value terms, metal spiral or discs spring imports shrank remarkably to $328K in 2022. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. As a result, imports reached the peak of $543K, and then dropped rapidly in the following year.

Import of Metal Spiral or Discs Spring in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.058.567.194.262.4%
United States17.428.820.968.658.0%
China17.120.642.245.038.1%
France12.01.40.417.112.5%
Taiwan (Chinese)1.31.64.610.4100.0%
South Korea4.337.82.510.132.9%
Malaysia1.10.52.34.256.3%
Canada44.86.02332.9-59.8%
Free ZonesN/AN/A4.9N/A0%
United Arab Emirates45.825.149.5N/A4.0%
Saudi Arabia9.96.5N/AN/A-34.3%
Others80.052.811575.4-2.0%
Total2562405433288.6%

Top Suppliers of Metal Spiral or Discs Spring to Bahrain in 2022:

  1. China (11.3 tons)
  2. United States (3.4 tons)
  3. France (1.8 tons)
  4. Germany (1.6 tons)
  5. South Korea (1.1 tons)
  6. Taiwan (Chinese) (0.5 tons)
  7. Malaysia (0.5 tons)
  8. Canada (0.2 tons)

Exports of Metal Spiral or Discs Spring in Bahrain

In 2022, approx. 9.8 tons of iron or steel flat spiral or discs springs were exported from Bahrain; growing by 230% on the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal spiral or discs spring exports amounted to $11K in 2022. Overall, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 108% against the previous year. As a result, the exports reached the peak of $35K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metal Spiral or Discs Spring in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia16.419.93.05.3-31.4%
United Arab EmiratesN/AN/AN/A4.90%
Oman0.314.33.4N/A236.7%
LiberiaN/AN/A2.0N/A0%
Others0.10.72.81.3135.1%
Total16.834.911.211.5-11.9%

Top Export Markets for Metal Spiral or Discs Spring from Bahrain in 2022:

  1. United Arab Emirates (9.1 tons)
  2. Saudi Arabia (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal spiral or discs spring in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931653 - Iron or steel flat spiral springs
  • Prodcom 25931655 - Iron or steel discs springs
  • Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)

Country coverage:

  • Bahrain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bahrain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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