Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (CIF) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (CIF) - 2022
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $858 per ton in 2022, stabilizing at the previous year. Overall, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 78% against the previous year. As a result, import price attained the peak level of $4,161 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,313 per ton), while the price for Saudi Arabia ($681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (FOB) - 2022
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $504 per ton in 2022, with a decrease of -3% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 18%. The export price peaked at $2,489 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -10.4% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain
Imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses into Bahrain surged to 833 tons in 2022, with an increase of 26% compared with the year before. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 208% against the previous year. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $714K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 212%. As a result, imports reached the peak of $861K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 212 | 585 | 351 | 452 | 28.7% |
| China | 37.2 | 160 | 107 | 155 | 60.9% |
| Saudi Arabia | 10.0 | 45.1 | 31.8 | 48.3 | 69.0% |
| Germany | 3.1 | 13.9 | 9.7 | 14.5 | 67.2% |
| United Arab Emirates | 11.2 | 32.7 | 14.8 | 10.9 | -0.9% |
| Russia | N/A | N/A | 49.7 | N/A | 0% |
| Turkey | N/A | 17.4 | N/A | N/A | 0% |
| Others | 2.7 | 7.0 | 3.4 | 33.5 | 131.5% |
| Total | 276 | 861 | 568 | 714 | 37.3% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Bahrain in 2022:
- Oman (531.1 tons)
- China (204.2 tons)
- Saudi Arabia (70.9 tons)
- Germany (18.1 tons)
- United Arab Emirates (7.3 tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain
After three years of growth, shipments abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -38.2% to 347 tons in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 970%.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined remarkably to $175K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 402% against the previous year.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | N/A | 277 | 156 | 370.3% |
| Kuwait | N/A | 58.0 | N/A | N/A | 0% |
| Others | 10.0 | N/A | 13.9 | 18.6 | 23.0% |
| Total | 11.5 | 58.0 | 291 | 175 | 147.8% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Bahrain in 2022:
- India (342.6 tons)
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