Price for Bituminous or Oil Shale and Tar Sands in Bahrain - 2022
Contents:
- Price for Bituminous or Oil Shale and Tar Sands in Bahrain (FOB) - 2022
- Price for Bituminous or Oil Shale and Tar Sands in Bahrain (CIF) - 2022
- Exports of Bituminous or Oil Shale and Tar Sands in Bahrain
- Imports of Bituminous or Oil Shale and Tar Sands in Bahrain
Price for Bituminous or Oil Shale and Tar Sands in Bahrain (FOB) - 2022
In 2022, the average export price for bituminous or oil shale and tar sandses amounted to $478 per ton, growing by 1.7% against the previous year. Overall, the export price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 69%. As a result, the export price attained the peak level of $1,049 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -2.6% per year.
Price for Bituminous or Oil Shale and Tar Sands in Bahrain (CIF) - 2022
In 2022, the average import price for bituminous or oil shale and tar sandses amounted to $1,218 per ton, declining by -1.6% against the previous year. In general, the import price showed a pronounced reduction. The growth pace was the most rapid in 2019 an increase of 71% against the previous year. The import price peaked at $1,516 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.2% per year.
Exports of Bituminous or Oil Shale and Tar Sands in Bahrain
For the fourth consecutive year, Bahrain recorded growth in shipments abroad of bituminous or oil shale and tar sandses, which increased by 2.1% to 290 tons in 2022. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 2.1%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of bituminous or oil shale and tar sandses rose to $138K in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 3.9% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Bituminous or Oil Shale and Tar Sands in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 45.0 | 128 | 133 | 138 | 45.3% |
| Kenya | 78.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 123 | 128 | 133 | 138 | 3.9% |
Top Export Markets for Bituminous or Oil Shale and Tar Sands from Bahrain in 2022:
- Malaysia (289.5 tons)
Imports of Bituminous or Oil Shale and Tar Sands in Bahrain
Imports of bituminous or oil shale and tar sandses into Bahrain skyrocketed to 38 tons in 2022, surging by 18% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of bituminous or oil shale and tar sandses surged to $46K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Bituminous or Oil Shale and Tar Sands in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 29.6 | 34.3 | 39.7 | 46.0 | 15.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.6 | 34.3 | 39.7 | 46.0 | 15.8% |
Top Suppliers of Bituminous or Oil Shale and Tar Sands to Bahrain in 2022:
- United Arab Emirates (37.8 tons)
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