Price for Zinc; Plates, Sheets, Strip and Foil in Bahrain - 2022

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Bahrain (CIF) - 2022
2. Imports of Zinc; Plates, Sheets, Strip and Foil in Bahrain

Price for Zinc; Plates, Sheets, Strip and Foil in Bahrain (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $4,378 per ton, jumping by 43% against the previous year. In general, the import price continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 131% against the previous year. Over the period under review, average import prices reached the peak figure at $4,933 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Arab Emirates ($114,000 per ton), while the price for South Korea ($336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+49.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Zinc; Plates, Sheets, Strip and Foil in Bahrain

In 2022, the amount of zinc; plates, sheets, strip and foils imported into Bahrain rose markedly to 457 kg, increasing by 6% on the year before. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of 467 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of zinc; plates, sheets, strip and foils soared to $1.9K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Bahrain in 2022:

1. South Korea (131.0 kg)
2. India (125.0 kg)
3. Saudi Arabia (104.0 kg)
4. China (80.0 kg)
5. Germany (10.0 kg)
6. United Kingdom (3.0 kg)

Source: IndexBox Market Intelligence Platform