Price for Copper Plates, Sheets and Strip in Bahrain - 2022

Contents:

1. Price for Copper Plates, Sheets and Strip in Bahrain (CIF) - 2022
2. Price for Copper Plates, Sheets and Strip in Bahrain (FOB) - 2022
3. Imports of Copper Plates, Sheets and Strip in Bahrain
4. Exports of Copper Plates, Sheets and Strip in Bahrain

Price for Copper Plates, Sheets and Strip in Bahrain (CIF) - 2022

In 2022, the average import price for copper plates, sheets and strips amounted to $9,177 per ton, growing by 39% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 47%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Mexico ($14,361 per ton), while the price for China ($2,923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Plates, Sheets and Strip in Bahrain (FOB) - 2022

In 2022, the average export price for copper plates, sheets and strips amounted to $11,037 per ton, shrinking by -43% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 131%. Over the period under review, the average export prices attained the peak figure at $76,189 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($33,833 per ton), while the average price for exports to Malaysia ($5,262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Plates, Sheets and Strip in Bahrain

In 2022, overseas purchases of copper plates, sheets and strips were finally on the rise to reach 166 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt slump.

In value terms, copper plates, sheets and strip imports skyrocketed to $1.5M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Copper Plates, Sheets and Strip to Bahrain in 2022:

1. Thailand (48.5 tons)
2. United Arab Emirates (28.7 tons)
3. United Kingdom (21.2 tons)
4. China (16.0 tons)
5. Mexico (15.3 tons)
6. India (10.6 tons)
7. Germany (8.6 tons)

Exports of Copper Plates, Sheets and Strip in Bahrain

In 2022, exports of copper plates, sheets and strips from Bahrain skyrocketed to 28 tons, rising by 4,149% on 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper plates, sheets and strip exports surged to $311K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper Plates, Sheets and Strip from Bahrain in 2022:

1. Canada (27.5 tons)
2. Saudi Arabia (0.4 tons)
3. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform