Price for Copper Alloy Tube or Pipe Fitting in Bahrain - 2022
Contents:
- Price for Copper Alloy Tube or Pipe Fitting in Bahrain (CIF) - 2022
- Price for Copper Alloy Tube or Pipe Fitting in Bahrain (FOB) - 2022
- Imports of Copper Alloy Tube or Pipe Fitting in Bahrain
- Exports of Copper Alloy Tube or Pipe Fitting in Bahrain
Price for Copper Alloy Tube or Pipe Fitting in Bahrain (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $13,396 per ton in 2022, waning by -1.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13%. The import price peaked at $13,633 per ton in 2021, and then dropped in the following year.
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 Germany ($31,647 per ton), while the price for Malaysia ($5,643 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Alloy Tube or Pipe Fitting in Bahrain (FOB) - 2022
The average export price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys stood at $22,881 per ton in 2022, jumping by 92% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($52,125 per ton), while the average price for exports to Seychelles ($4,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+60.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Alloy Tube or Pipe Fitting in Bahrain
In 2022, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Bahrain shrank to 214 tons, with a decrease of -13.1% compared with the previous year. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys declined to $2.9M in 2022. Over the period under review, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of $3.4M, and then declined in the following year.
| Import of Copper Alloy Tube or Pipe Fitting in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,634 | 1,531 | 1,735 | 1,190 | -10.0% |
| United Kingdom | 544 | 504 | 499 | 419 | -8.3% |
| United Arab Emirates | 57.5 | 89.5 | 141 | 199 | 51.3% |
| Germany | 111 | 103 | 163 | 147 | 9.8% |
| South Korea | 80.1 | 26.2 | 31.6 | 133 | 18.4% |
| Tunisia | 34.7 | 114 | 142 | 126 | 53.7% |
| India | 387 | 122 | 164 | 126 | -31.2% |
| Australia | 23.0 | 27.0 | 32.1 | 34.0 | 13.9% |
| Malaysia | 37.0 | 36.2 | 8.3 | 3.7 | -53.6% |
| Others | 389 | 344 | 436 | 484 | 7.6% |
| Total | 3,298 | 2,898 | 3,353 | 2,862 | -4.6% |
Top Suppliers of Copper Alloy Tube or Pipe Fitting to Bahrain in 2022:
- China (118.7 tons)
- United Kingdom (21.3 tons)
- United Arab Emirates (19.0 tons)
- India (11.2 tons)
- South Korea (8.1 tons)
- Tunisia (6.3 tons)
- Germany (4.7 tons)
- Australia (4.1 tons)
- Malaysia (0.7 tons)
Exports of Copper Alloy Tube or Pipe Fitting in Bahrain
In 2022, approx. 1.4 tons of tube or pipe fittings, couplings, elbows, sleeves of copper alloys were exported from Bahrain; falling by -84% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 410% against the previous year.
In value terms, exports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys contracted rapidly to $32K in 2022. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 246% against the previous year.
| Export of Copper Alloy Tube or Pipe Fitting in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 14.2 | 0% |
| Saudi Arabia | 15.3 | 1.3 | 32.7 | 5.1 | -30.7% |
| Kuwait | 2.7 | 2.2 | 13.7 | 1.8 | -12.6% |
| Netherlands | N/A | N/A | N/A | 1.4 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.9 | 0% |
| United Arab Emirates | 1.4 | 16.5 | 2.2 | 0.4 | -34.1% |
| United States | 1.9 | 3.9 | 1.4 | 0.3 | -46.0% |
| Seychelles | 0.2 | 0.2 | 1.2 | 0.2 | 0.0% |
| France | N/A | N/A | 36.1 | N/A | 0% |
| Algeria | 129 | N/A | N/A | N/A | 0% |
| Others | 4.5 | 5.7 | 15.8 | 7.5 | 18.6% |
| Total | 155 | 29.8 | 103 | 31.7 | -41.1% |
Top Export Markets for Copper Alloy Tube or Pipe Fitting from Bahrain in 2022:
- Saudi Arabia (616.0 kg)
- United Kingdom (275.0 kg)
- Cote d'Ivoire (79.0 kg)
- United States (52.0 kg)
- Netherlands (52.0 kg)
- Kuwait (49.0 kg)
- Seychelles (44.0 kg)
- United Arab Emirates (8.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Bahrain.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
