Bahrain: Ferro-Silico-Manganese Market 2025

Ferro-Silico-Manganese Market Size in Bahrain

In 2022, the Bahraini ferro-silico-manganese market increased by 0.9% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate a buoyant expansion. Ferro-silico-manganese consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Ferro-Silico-Manganese Production in Bahrain

In value terms, ferro-silico-manganese production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 with an increase of 15% against the previous year. Ferro-silico-manganese production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Ferro-Silico-Manganese Exports

Exports from Bahrain

Ferro-silico-manganese exports from Bahrain surged to X tons in 2018, with an increase of 251% compared with the previous year's figure. Overall, exports, however, continue to indicate a dramatic decrease. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.

In value terms, ferro-silico-manganese exports surged to $X in 2018. In general, exports, however, showed a significant curtailment. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for ferro-silico-manganese exports from Bahrain, with a 67% share of total exports. Moreover, ferro-silico-manganese exports to the Netherlands exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. The United States (X tons) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2018, the average annual rate of growth in terms of volume to the Netherlands stood at -28.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-33.5% per year) and the United States (-50.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ferro-silico-manganese exports from Bahrain, comprising 68% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports. It was followed by the United States, with a 6.2% share.

From 2012 to 2018, the average annual rate of growth in terms of value to the Netherlands stood at -27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-34.6% per year) and the United States (-49.7% per year).

Export Prices by Country

The average ferro-silico-manganese export price stood at $X per ton in 2018, reducing by -7.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 38%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2018, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2018, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Silico-Manganese Imports

Imports into Bahrain

In 2022, supplies from abroad of ferro-silico-manganese increased by 6.1% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a pronounced slump. The growth pace was the most rapid in 2014 when imports increased by 194%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, ferro-silico-manganese imports amounted to less than $X in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,827%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), Malaysia (X tons) and Ukraine (X tons) were the main suppliers of ferro-silico-manganese imports to Bahrain, together accounting for 87% of total imports.

From 2012 to 2018, the biggest increases were recorded for Ukraine (with a CAGR of +45.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and South Africa ($X) were the largest ferro-silico-manganese suppliers to Bahrain, with a combined 87% share of total imports. These countries were followed by Ukraine, which accounted for a further 11%.

Ukraine, with a CAGR of +67.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average ferro-silico-manganese import price amounted to $X per ton, with a decrease of -54.3% against the previous year. Overall, the import price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 4,668% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2018, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, amid the top importers, the highest price was recorded for prices from Malaysia ($X per ton) and India ($X per ton), while the price for Ukraine ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by South Africa (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform