Bahrain: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Bahrain

After three years of decline, the Bahraini market for aluminium plates, sheets and strip of thickness over X mm increased by X% to $X in 2022. Over the period under review, consumption recorded a notable expansion. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Aluminium Plates, Sheets and Strip of Thickness over X mm in Bahrain

In value terms, production of aluminium plates, sheets and strip of thickness over X mm contracted to $X in 2022 estimated in export price. In general, production recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Bahrain

In 2022, overseas shipments of aluminium plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm skyrocketed to $X in 2022. Overall, exports, however, saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of aluminium plates, sheets and strip of thickness over X mm from Bahrain, with a X% share of total exports. It was followed by the United Arab Emirates (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) remains the key foreign market for aluminium plates, sheets and strip of thickness over X mm exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Bahrain

Imports of aluminium plates, sheets and strip of thickness over X mm into Bahrain soared to X tons in 2022, surging by X% on the previous year's figure. In general, imports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm surged to $X in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main suppliers of imports of aluminium plates, sheets and strip of thickness over X mm to Bahrain, with a combined X% share of total imports. India lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) appeared to be the largest aluminium plate, sheet and strip of thickness over X mm suppliers to Bahrain, together comprising X% of total imports. These countries were followed by India, which accounted for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($X per ton) and India ($X per ton), while the price for the United Arab Emirates ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform