Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain - 2022

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $3,163 per ton in 2022, rising by 74% against the previous year. Over the period under review, the import price recorded a mild expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,481 per ton), while the price for China totaled $2,766 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.3%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $7,982 per ton in 2022, growing by 87% against the previous year. Over the period under review, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2017 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +47.8% per year.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain

In 2022, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Bahrain stood at 155 tons, with an increase of 4% compared with the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $491K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India31.416.638.524598.3%
China20.828.324.7232123.4%
Saudi Arabia105188197N/A37.0%
Others16.512.210.213.7-6.0%
Total17324527149141.6%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Bahrain in 2022:

  1. China (84.0 tons)
  2. India (70.3 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain

In 2022, shipments abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -83.2% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 249% against the previous year.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses contracted significantly to $348K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 421% against the previous year. As a result, the exports attained the peak of $1.1M, and then declined remarkably in the following year.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.2N/AN/A348377.3%
Djibouti42.7N/AN/AN/A0%
Ethiopia18.1189365N/A349.1%
Kuwait2.324.1742N/A1696.1%
OthersN/AN/AN/AN/A0%
Total66.32131,10834873.8%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Bahrain in 2022:

  1. Saudi Arabia (43.6 tons)

Source: IndexBox Market Intelligence Platform

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