Report Update Nov 1, 2024

Bahrain - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends and Insights

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Bahrain: Market for Refined or Synthetic Glycerol 2024

Market Size for Refined or Synthetic Glycerol in Bahrain

The Bahraini refined or synthetic glycerol market expanded to $X in 2022, picking up by 3.6% against the previous year. Over the period under review, consumption showed a strong increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Refined or Synthetic Glycerol in Bahrain

In value terms, refined or synthetic glycerol production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 89% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Refined or Synthetic Glycerol

Exports from Bahrain

Refined or synthetic glycerol exports from Bahrain reduced notably to X kg in 2021, falling by -19.3% on the previous year. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 212% against the previous year. As a result, the exports reached the peak of X kg. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, refined or synthetic glycerol exports contracted remarkably to $X in 2021. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 199% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for refined or synthetic glycerol exports from Bahrain, with a approx. 99% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +5.7%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for refined or synthetic glycerol exports from Bahrain.

From 2015 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to -14.8%.

Export Prices by Country

The average refined or synthetic glycerol export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded moderate growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 0.1% against the previous year. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2015 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +102.0% per year.

Imports of Refined or Synthetic Glycerol

Imports into Bahrain

In 2022, approx. X tons of refined or synthetic glycerol were imported into Bahrain; growing by 120% against 2021 figures. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 485% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, refined or synthetic glycerol imports skyrocketed to $X in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 731% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons), India (X tons) and Malaysia (X tons) were the main suppliers of refined or synthetic glycerol imports to Bahrain, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +101.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of refined or synthetic glycerol to Bahrain, comprising 67% of total imports. The second position in the ranking was held by India ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia amounted to +101.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+103.4% per year) and Malaysia (+67.3% per year).

Import Prices by Country

In 2022, the average refined or synthetic glycerol import price amounted to $X per ton, surging by 62% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Indonesia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for refined or synthetic glycerol in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)

Country coverage:

Bahrain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bahrain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023