Price for Chain; Articulated Link, Roller, of Iron or Steel in Bahrain - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Bahrain (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Bahrain (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Bahrain
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Bahrain

Price for Chain; Articulated Link, Roller, of Iron or Steel in Bahrain (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $9,231 per ton, reducing by -19.6% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chain; articulated link, roller, of iron or steel decreased by -28.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 79%. As a result, import price attained the peak level of $13,260 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($27,128 per ton), while the price for China ($3,705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Bahrain (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $15,558 per ton, reducing by -21.2% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 an increase of 73%. The export price peaked at $19,748 per ton in 2021, and then shrank significantly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($16,302 per ton), while the average price for exports to Saudi Arabia ($15,294 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 Saudi Arabia (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Bahrain

In 2022, approx. 69 tons of chain; articulated link, roller, of iron or steel were imported into Bahrain; jumping by 77% against 2021. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel soared to $639K in 2022. Over the period under review, imports, however, continue to indicate a pronounced decrease.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Bahrain in 2022:

1. China (31.3 tons)
2. India (16.4 tons)
3. South Korea (9.9 tons)
4. Japan (5.7 tons)
5. United States (2.2 tons)
6. Germany (1.6 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Bahrain

Exports of chain; articulated link, roller, of iron or steel from Bahrain surged to 1.9 tons in 2022, picking up by 19% compared with 2021. Overall, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 40%. As a result, the exports attained the peak of 3.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of chain; articulated link, roller, of iron or steel shrank to $29K in 2022. In general, exports, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. As a result, the exports reached the peak of $60K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Bahrain in 2022:

1. United Arab Emirates (897.0 kg)
2. Saudi Arabia (678.0 kg)
3. Turkey (298.0 kg)

Source: IndexBox Market Intelligence Platform