Cerium Compounds Price in Bahrain - 2022
Contents:
Cerium Compounds Price in Bahrain (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $5,230 per ton, with a decrease of -90.5% against the previous year. Over the period under review, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 140%. The import price peaked at $54,792 per ton in 2021, and then contracted markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +21.3% per year.
Cerium Compounds Imports in Bahrain
In 2022, purchases abroad of cerium compoundses increased by 1,150% to 300 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cerium compounds imports surged to $1.6K in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cerium Compounds in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.6 | 0% |
| United Kingdom | 1.1 | 1.2 | 1.3 | N/A | 8.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.2 | 1.3 | 1.6 | 13.3% |
Top Suppliers of Cerium Compounds to Bahrain in 2022:
- China (300.0 kg)
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