Bahrain: Fibreboard Market 2024

Fibreboard Market Size in Bahrain

After two years of growth, the Bahraini fibreboard market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then declined modestly in the following year.

Fibreboard Production in Bahrain

In value terms, fibreboard production declined to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fibreboard Exports

Exports from Bahrain

In 2022, the amount of fibreboard exported from Bahrain contracted significantly to X cubic meters, reducing by X% compared with 2021 figures. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, fibreboard exports surged to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X cubic meters) was the main destination for fibreboard exports from Bahrain, with a X% share of total exports. Moreover, fibreboard exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X cubic meters), threefold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the largest markets for fibreboard exported from Bahrain worldwide.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average fibreboard export price amounted to $X per cubic meter, increasing by X% against the previous year. In general, the export price posted moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per cubic meter), while the average price for exports to the United Arab Emirates stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Fibreboard Imports

Imports into Bahrain

Fibreboard imports into Bahrain contracted dramatically to X cubic meters in 2022, waning by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X cubic meters, and then fell sharply in the following year.

In value terms, fibreboard imports shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X cubic meters) constituted the largest fibreboard supplier to Bahrain, accounting for a X% share of total imports. Moreover, fibreboard imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X cubic meters), threefold. India (X cubic meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of fibreboard to Bahrain, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average fibreboard import price amounted to $X per cubic meter, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per cubic meter in 2012; however, from 2013 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 Germany ($X per cubic meter), while the price for the United Arab Emirates ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform