Price for Winding Wire, Other than of Copper in Bahrain - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Bahrain (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Bahrain (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Bahrain
- Exports of Winding Wire, Other than of Copper in Bahrain
Price for Winding Wire, Other than of Copper in Bahrain (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $6,410 per ton, falling by -18.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 92% against the previous year. The import price peaked at $8,003 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($16,593 per ton), while the price for India ($2,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Bahrain (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $7,652 per ton, growing by 8.5% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 84% against the previous year. The export price peaked at $9,193 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($11,458 per ton), while the average price for exports to Iraq ($300 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 Saudi Arabia (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Winding Wire, Other than of Copper in Bahrain
Imports of winding wire, other than of coppers into Bahrain contracted markedly to 52 tons in 2022, shrinking by -31.3% on the year before. In general, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 75 tons, and then reduced rapidly in the following year.
In value terms, imports of winding wire, other than of coppers dropped rapidly to $330K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $586K, and then reduced dramatically in the following year.
| Import of Winding Wire, Other than of Copper in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 94.1 | 97.5 | 143 | 87.5 | -2.4% |
| Malaysia | 65.8 | 160 | 172 | 60.3 | -2.9% |
| China | 64.5 | 19.5 | 86.3 | 50.8 | -7.7% |
| United Kingdom | 21.5 | 2.7 | 0.5 | 23.1 | 2.4% |
| Free Zones | N/A | N/A | N/A | 20.4 | 0% |
| Saudi Arabia | 36.3 | 7.5 | 11.0 | 5.0 | -48.4% |
| Italy | 56.8 | 11.1 | 33.9 | 3.5 | -60.5% |
| Turkey | 51.2 | 31.9 | 2.8 | 1.5 | -69.2% |
| Others | 66.8 | 62.6 | 136 | 77.9 | 5.3% |
| Total | 457 | 393 | 586 | 330 | -10.3% |
Top Suppliers of Winding Wire, Other than of Copper to Bahrain in 2022:
- India (30.2 tons)
- China (7.1 tons)
- Malaysia (5.4 tons)
- United Kingdom (2.6 tons)
- Free Zones (1.6 tons)
- Saudi Arabia (1.2 tons)
- Turkey (0.1 tons)
- Italy (0.1 tons)
Exports of Winding Wire, Other than of Copper in Bahrain
In 2022, exports of winding wire, other than of coppers from Bahrain declined markedly to 3.6 tons, waning by -43% against 2021 figures. In general, exports recorded a dramatic curtailment.
In value terms, exports of winding wire, other than of coppers fell to $31K in 2022. Overall, exports saw a sharp decrease.
| Export of Winding Wire, Other than of Copper in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 40.4 | N/A | N/A | 28.5 | -11.0% |
| Kenya | 178 | 2.2 | 19.0 | 1.1 | -81.6% |
| Saudi Arabia | 270 | 48.9 | 6.1 | 0.5 | -87.7% |
| Egypt | 795 | 0.2 | 3.1 | 0.3 | -92.8% |
| Pakistan | N/A | 0.4 | 1.0 | 0.1 | -50.0% |
| United Arab Emirates | 116 | N/A | 0.1 | N/A | -97.1% |
| Algeria | 426 | N/A | N/A | N/A | 0% |
| Iraq | N/A | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | 80.3 | 3.1 | 3.0 | 0.1 | -89.2% |
| Total | 1,906 | 54.7 | 32.4 | 30.7 | -74.7% |
Top Export Markets for Winding Wire, Other than of Copper from Bahrain in 2022:
- Nigeria (2874.0 kg)
- Saudi Arabia (254.0 kg)
- Turkey (109.0 kg)
- Kenya (96.0 kg)
- Pakistan (60.0 kg)
- Iraq (60.0 kg)
- Egypt (51.0 kg)
- United Arab Emirates (1.0 kg)
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