Price for Wood; Shuttering for Concrete Constructional Work in Bahrain - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Bahrain (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Bahrain (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Bahrain
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Bahrain

Price for Wood; Shuttering for Concrete Constructional Work in Bahrain (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $2,438 per ton in 2022, picking up by 82% against the previous year. In general, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +35.5% per year.

Price for Wood; Shuttering for Concrete Constructional Work in Bahrain (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $745 per ton in 2022, jumping by 47% against the previous year. In general, the export price showed a noticeable expansion. The most prominent rate of growth was recorded in 2014 an increase of 196% against the previous year. Over the period under review, the average export prices reached the maximum at $1,529 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,739 per ton), while the average price for exports to Saudi Arabia totaled $382 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Shuttering for Concrete Constructional Work in Bahrain

In 2022, approx. 20 tons of wood; shuttering for concrete constructional work were imported into Bahrain; which is down by -85.8% against the year before. In general, imports faced a dramatic shrinkage. The smallest decline of -40.6% was in 2021.

In value terms, imports of wood; shuttering for concrete constructional work declined dramatically to $50K in 2022. Overall, imports faced a dramatic contraction. The smallest decline of -42.5% was in 2021.

Import of Wood; Shuttering for Concrete Constructional Work in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A49.70%
Kuwait24.115.910.2N/A-34.9%
China14842.837.6N/A-49.6%
Germany20.111.46.3N/A-44.0%
Austria53019098.7N/A-56.8%
United Arab Emirates58.026.310.8N/A-56.8%
Australia69.043.526.6N/A-37.9%
Saudi Arabia6.73.11.4N/A-54.3%
Others6.10.6N/AN/A-90.2%
Total86233319249.7-61.4%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Bahrain in 2022:

  1. Slovenia (20.4 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Bahrain

In 2022, after three years of growth, there was significant decline in overseas shipments of wood; shuttering for concrete constructional work, when their volume decreased by -75.4% to 55 tons. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 279% against the previous year.

In value terms, exports of wood; shuttering for concrete constructional work shrank markedly to $41K in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 117%.

Export of Wood; Shuttering for Concrete Constructional Work in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12.329.821.723.423.9%
Saudi Arabia13.722.87.617.89.1%
AustriaN/AN/A67.7N/A0%
Qatar8.221.517.1N/A44.4%
OthersN/AN/AN/AN/A0%
Total34.274.111441.26.4%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Bahrain in 2022:

  1. Saudi Arabia (46.7 tons)
  2. United Arab Emirates (8.5 tons)

Source: IndexBox Market Intelligence Platform

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