Bahrain: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Bahrain

The Bahraini market for non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022, rising by 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Bahrain

After two years of growth, overseas shipments of non-plasticised mixed polyvinyl chloride in primary forms decreased by -1.9% to X tons in 2022. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 1,204% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms reached $X in 2022. Overall, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by 2,017% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for exports of non-plasticised mixed polyvinyl chloride in primary forms from Bahrain, accounting for a 99% share of total exports. It was followed by Saudi Arabia (X kg), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -18.5%.

In value terms, India ($X) remains the key foreign market for non-plasticised mixed polyvinyl chloride in primary forms exports from Bahrain, comprising 96% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India totaled -12.3%.

Export Prices by Country

The average export price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, picking up by 3% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+23.1%).

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Bahrain

In 2022, the amount of non-plasticised mixed polyvinyl chloride in primary forms imported into Bahrain soared to X tons, picking up by 58% against the year before. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 134% against the previous year. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 133% against the previous year. Over the period under review, imports of hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of non-plasticised mixed polyvinyl chloride in primary forms to Bahrain, with a 68% share of total imports. Moreover, imports of non-plasticised mixed polyvinyl chloride in primary forms from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +66.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.1% per year) and India (+75.9% per year).

In value terms, the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Bahrain were Saudi Arabia ($X), China ($X) and India ($X), together comprising 98% of total imports.

Among the main suppliers, India, with a CAGR of +74.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, declining by -13% against the previous year. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform