Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain - 2022

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain (CIF) - 2022
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain (FOB) - 2022
3. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain
4. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain (CIF) - 2022

In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $194 per cubic meter, picking up by 72% against the previous year. Overall, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 106%. As a result, import price attained the peak level of $958 per cubic meter. From 2015 to 2022, the average 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 China ($3,942 per cubic meter), while the price for Saudi Arabia totaled $123 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+256.2%), while the prices for the other major suppliers experienced a decline.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain (FOB) - 2022

In 2022, the average export price for railway or tramway sleepers (cross-ties) of wood amounted to $182 per cubic meter, with an increase of 38% against the previous year. Overall, the export price, however, recorded a drastic downturn. The export price peaked at $506 per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 -7.0% per year.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain

In 2022, after three years of growth, there was significant decline in supplies from abroad of railway or tramway sleepers (cross-ties) of wood, when their volume decreased by -32.7% to 216 cubic meters. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 158% against the previous year. Over the period under review, imports of reached the peak figure at 321 cubic meters in 2021, and then shrank remarkably in the following year.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood surged to $42K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 decreased by -11.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 91% against the previous year. As a result, imports attained the peak of $47K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Bahrain in 2022:

1. Saudi Arabia (212.0 cubic meters)
2. China (4.0 cubic meters)

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Bahrain

Exports of railway or tramway sleepers (cross-ties) of wood from Bahrain fell remarkably to 2 cubic meters in 2022, declining by -33.3% against the year before. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of attained the maximum at 5 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood shrank to $364 in 2022. Overall, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked at $983 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Bahrain in 2022:

1. Saudi Arabia (2.0 cubic meters)

Source: IndexBox Market Intelligence Platform