Hardboard Price in Bahrain - 2022
Contents:
- Hardboard Price in Bahrain (CIF) - 2022
- Hardboard Price in Bahrain (FOB) - 2022
- Hardboard Imports in Bahrain
- Hardboard Exports in Bahrain
Hardboard Price in Bahrain (CIF) - 2022
The average hardboard import price stood at $655 per cubic meter in 2022, jumping by 24% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2014 an increase of 46%. The import price peaked at $1,099 per cubic meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($2,479 per cubic meter), while the price for Vietnam ($206 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Hardboard Price in Bahrain (FOB) - 2022
In 2022, the average hardboard export price amounted to $86 per cubic meter, with a decrease of -14.9% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 190% against the previous year. Over the period under review, the average export prices reached the maximum at $207 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -8.4% per year.
Hardboard Imports in Bahrain
After three years of growth, purchases abroad of hardboard decreased by -22.7% to 1.7K cubic meters in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 55%. Imports peaked at 2.2K cubic meters in 2021, and then reduced sharply in the following year.
In value terms, hardboard imports contracted to $1.1M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $1.2M, and then fell slightly in the following year.
| Import of Hardboard in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.8 | 9.0 | 11.8 | 781 | 412.6% |
| Germany | 242 | 127 | 236 | 151 | -14.5% |
| Denmark | 187 | 171 | 158 | 102 | -18.3% |
| Vietnam | N/A | N/A | N/A | 28.1 | 0% |
| China | 45.4 | 46.9 | 33.1 | 4.9 | -52.4% |
| India | 1.2 | 28.8 | 69.9 | 3.5 | 42.9% |
| Thailand | 30.8 | 48.1 | 60.4 | N/A | 40.0% |
| Malaysia | 8.2 | 15.3 | 23.1 | N/A | 67.8% |
| Others | 190 | 366 | 568 | 38.2 | -41.4% |
| Total | 710 | 812 | 1,160 | 1,109 | 16.0% |
Top Suppliers of Hardboard to Bahrain in 2022:
- Turkey (1246.0 cubic meters)
- Germany (212.0 cubic meters)
- Vietnam (136.0 cubic meters)
- Denmark (41.0 cubic meters)
- India (14.0 cubic meters)
- China (8.0 cubic meters)
Hardboard Exports in Bahrain
In 2022, hardboard exports from Bahrain amounted to 1 cubic meters, flattening at the previous year's figure. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, hardboard exports fell to $86 in 2022. Overall, exports continue to indicate a deep reduction. The exports peaked at $143 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Hardboard in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 143 | 120 | 101 | 86.0 | -15.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 143 | 120 | 101 | 86.0 | -15.6% |
Top Export Markets for Hardboard from Bahrain in 2022:
- Saudi Arabia (1.0 cubic meters)
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