Phosphates; of Potassium Price in Bahrain - 2022
Contents:
Phosphates; of Potassium Price in Bahrain (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $4,386 per ton, increasing by 124% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 341%. The import price peaked at $16,026 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30,000 per ton), while the price for India ($3,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Imports in Bahrain
In 2022, approx. 1.9 tons of phosphates; of potassia were imported into Bahrain; jumping by 322% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 548% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, phosphates; of potassium imports soared to $8.5K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; of Potassium in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 67.0 | 72.0 | N/A | 4,151 | 295.7% |
| United Arab Emirates | N/A | N/A | 651 | 3,988 | 512.6% |
| Germany | 448 | 930 | 235 | 309 | -11.6% |
| China | 229 | N/A | N/A | 39.0 | -44.6% |
| Saudi Arabia | 365 | N/A | N/A | N/A | 0% |
| Others | 221 | 22.0 | 14.0 | 30.0 | -48.6% |
| Total | 1,330 | 1,024 | 900 | 8,517 | 85.7% |
Top Suppliers of Phosphates; of Potassium to Bahrain in 2022:
- India (1201.0 kg)
- United Arab Emirates (719.0 kg)
- Germany (14.0 kg)
- China (7.0 kg)
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