Coin Price in Bahrain - 2022

Contents:

1. Coin Price in Bahrain (CIF) - 2022
2. Coin Price in Bahrain (FOB) - 2022
3. Coin Imports in Bahrain
4. Coin Exports in Bahrain

Coin Price in Bahrain (CIF) - 2022

The average coin import price stood at $1,283,091 per ton in 2022, jumping by 2,433% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,752,500 per ton), while the price for Iran ($255,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+722.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Coin Price in Bahrain (FOB) - 2022

In 2022, the average coin export price amounted to $446,500 per ton, rising by 1,424% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($838,000 per ton), while the average price for exports to Italy amounted to $55,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+10,375.0%), while the prices for the other major destinations experienced a decline.

Coin Imports in Bahrain

In 2022, purchases abroad of coins decreased by -94.2% to 22 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 846%. As a result, imports attained the peak of 1.7 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, coin imports surged to $28K in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 941%. As a result, imports attained the peak of $85K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Coin to Bahrain in 2022:

1. Turkey (11.0 kg)
2. United Arab Emirates (5.0 kg)
3. United States (2.0 kg)
4. Iran (1.0 kg)
5. India (1.0 kg)
6. China (1.0 kg)
7. Burundi (1.0 kg)

Coin Exports in Bahrain

In 2022, approx. 2 kg of coins were exported from Bahrain; with a decrease of -88.2% on 2021. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 325% against the previous year. As a result, the exports reached the peak of 17 kg, and then dropped rapidly in the following year.

In value terms, coin exports skyrocketed to $893 in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 379%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Coin from Bahrain in 2022:

1. Oman (1.0 kg)
2. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform