Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (FOB) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (CIF) - 2022
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (FOB) - 2022
The average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $1,671 per ton in 2022, growing by 29% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by +49.4% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 29%. As a result, the export price reached the peak level of $1,672 per ton; afterwards, it flattened through to 2022.
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 France ($5,231 per ton), while the average price for exports to India ($907 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 the United Arab Emirates (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $4,050 per ton in 2022, picking up by 52% against the previous year. Overall, the import price posted a buoyant increase. As a result, import price attained 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 ($20,069 per ton), while the price for Kuwait ($2,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Bahrain shrank dramatically to 73K tons, with a decrease of -39.3% against the previous year's figure. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. As a result, the exports attained the peak of 120K tons, and then contracted markedly in the following year.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) dropped rapidly to $122M in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of $156M, and then fell rapidly in the following year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | 19.1 | 25.4 | 22.7 | 23.3% |
| Netherlands | 11.9 | 4.1 | 13.0 | 15.6 | 9.4% |
| Saudi Arabia | 10.2 | 9.4 | 30.1 | 12.0 | 5.6% |
| Turkey | 0.6 | 1.0 | 12.6 | 11.8 | 169.9% |
| France | 15.9 | 6.6 | 9.9 | 8.4 | -19.2% |
| India | 5.7 | 6.6 | 12.8 | 8.2 | 12.9% |
| Hungary | 1.0 | 1.2 | 2.5 | 4.5 | 65.1% |
| Tunisia | 2.9 | 3.3 | 4.2 | 3.9 | 10.4% |
| United Arab Emirates | 3.4 | 6.6 | 6.1 | 3.8 | 3.8% |
| Spain | 1.2 | 1.2 | 3.5 | 3.8 | 46.8% |
| Italy | 1.6 | 1.6 | 5.4 | 3.0 | 23.3% |
| Denmark | 0.6 | 1.2 | 3.1 | 2.5 | 60.9% |
| Oman | 2.5 | 2.8 | 3.5 | 1.8 | -10.4% |
| Others | 15.8 | 12.0 | 24.0 | 20.2 | 8.5% |
| Total | 85.3 | 76.7 | 156 | 122 | 12.7% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Bahrain in 2022:
- United States (9.6K tons)
- Saudi Arabia (9.0K tons)
- Netherlands (9.0K tons)
- India (9.0K tons)
- Turkey (7.7K tons)
- United Arab Emirates (3.2K tons)
- Hungary (2.9K tons)
- Spain (2.9K tons)
- Tunisia (2.5K tons)
- Italy (2.1K tons)
- Denmark (1.7K tons)
- France (1.6K tons)
- Oman (1.4K tons)
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain
For the third year in a row, Bahrain recorded decline in supplies from abroad of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics), which decreased by -61.3% to 2.3K tons in 2022. Overall, imports faced a precipitous setback. The smallest decline of -22.9% was in 2020.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) dropped notably to $9.2M in 2022. Over the period under review, imports saw a precipitous slump. The smallest decline of -8.1% was in 2020.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 10.0 | 7.8 | 4.1 | 2.8 | -34.6% |
| China | 5.0 | 2.9 | 3.8 | 2.2 | -23.9% |
| United Arab Emirates | 4.5 | 5.7 | 2.1 | 0.9 | -41.5% |
| United States | 0.8 | 0.5 | 1.3 | 0.7 | -4.4% |
| India | 0.9 | 1.2 | 0.8 | 0.6 | -12.6% |
| Kuwait | 1.3 | 1.2 | 1.1 | 0.6 | -22.7% |
| Czech Republic | 0.2 | 0.4 | 0.4 | 0.3 | 14.5% |
| Others | 1.0 | 2.0 | 2.0 | 1.2 | 6.3% |
| Total | 23.7 | 21.8 | 15.7 | 9.2 | -27.1% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Bahrain in 2022:
- Saudi Arabia (902.4 tons)
- China (573.0 tons)
- United Arab Emirates (320.9 tons)
- Kuwait (234.6 tons)
- India (68.6 tons)
- Czech Republic (49.5 tons)
- United States (34.9 tons)
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