Carbonates; Potassium Carbonate Price in Bahrain - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Bahrain (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Bahrain (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Bahrain
- Carbonates; Potassium Carbonate Exports in Bahrain
Carbonates; Potassium Carbonate Price in Bahrain (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,582 per ton in 2022, shrinking by -13.1% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average import price increased by 67% against the previous year. The import price peaked at $1,821 per ton in 2021, and then declined in the following year.
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 Czech Republic ($5,440 per ton), while the price for Thailand ($900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Bahrain (FOB) - 2022
In 2022, the average carbonates; potassium carbonate export price amounted to $1,851 per ton, growing by 68% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2019 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +55.6% per year.
Carbonates; Potassium Carbonate Imports in Bahrain
In 2022, approx. 70 tons of carbonates; potassium carbonates were imported into Bahrain; picking up by 40% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, carbonates; potassium carbonate imports surged to $110K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 15.5 | 6.4 | 3.5 | 38.8 | 35.8% |
| Czech Republic | 6.2 | 8.1 | 6.0 | 36.5 | 80.6% |
| Taiwan (Chinese) | 14.2 | 9.3 | 13.6 | 31.0 | 29.7% |
| United States | 2.6 | 1.5 | 2.1 | 0.2 | -57.5% |
| Ireland | 17.9 | 12.9 | 34.9 | N/A | 39.6% |
| Saudi Arabia | N/A | N/A | 5.2 | N/A | 0% |
| Others | 27.9 | 15.2 | 25.4 | 3.8 | -48.5% |
| Total | 84.4 | 53.4 | 90.6 | 110 | 9.2% |
Top Suppliers of Carbonates; Potassium Carbonate to Bahrain in 2022:
- Thailand (43.1 tons)
- Taiwan (Chinese) (19.2 tons)
- Czech Republic (6.7 tons)
- United States (0.1 tons)
Carbonates; Potassium Carbonate Exports in Bahrain
In 2022, approx. 4 tons of carbonates; potassium carbonates were exported from Bahrain; shrinking by -2.1% compared with the year before. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year.
In value terms, carbonates; potassium carbonate exports soared to $7.4K in 2022. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 185% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.0 | 1.6 | 4.5 | 7.4 | 54.7% |
| United Arab Emirates | 3.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.1 | 1.6 | 4.5 | 7.4 | 13.2% |
Top Export Markets for Carbonates; Potassium Carbonate from Bahrain in 2022:
- Saudi Arabia (4.0 tons)
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