Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain - 2022

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (CIF) - 2022
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (FOB) - 2022
  3. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain
  4. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (CIF) - 2022

The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $2,867 per ton in 2022, jumping by 223% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $3,694 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,007 per ton), while the price for the United States ($2,821 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (FOB) - 2022

The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $767 per ton in 2022, growing by 39% against the previous year. Over the period under review, the export price, however, showed a noticeable decline. The export price peaked at $983 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($860 per ton), while the average price for exports to Oman ($402 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 (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain

In 2022, overseas purchases of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -85.1% to 94 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 987%. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s fell sharply to $269K in 2022. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 266% against the previous year. As a result, imports reached the peak of $4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States64765628.4250-27.2%
Germany74.26.412.68.1-52.2%
Netherlands46.812.515.74.5-54.2%
United Arab Emirates1753,221411N/A53.3%
Others14898.892.56.1-65.5%
Total1,0913,995560269-37.3%

Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Bahrain in 2022:

  1. United States (88.6 tons)
  2. Germany (2.7 tons)
  3. Netherlands (1.6 tons)

Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain

Exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s from Bahrain dropped notably to 4.9M tons in 2022, waning by -19.5% against the previous year's figure. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 3.2%.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s rose significantly to $3.7B in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 27%.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2,9231,6661,3661,152-26.7%
South Africa26179.219879845.1%
Japan33826654764123.8%
South Korea27722727146418.8%
Thailand13967.91571758.0%
OmanN/A52.386.515169.9%
Singapore49.718.261.776.215.3%
Namibia24.60.115.464.537.9%
China30.070.342.664.429.0%
Indonesia99.163.212456.6-17.0%
Saudi Arabia39168.5380N/A-1.4%
Others98.950.886.889.1-3.4%
Total4,6322,6293,3373,731-7.0%

Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Bahrain in 2022:

  1. United Arab Emirates (1547.1K tons)
  2. South Africa (927.9K tons)
  3. Japan (765.4K tons)
  4. South Korea (547.2K tons)
  5. Oman (375.6K tons)
  6. Thailand (279.7K tons)
  7. Singapore (109.8K tons)
  8. Namibia (79.2K tons)
  9. China (78.0K tons)
  10. Indonesia (55.0K tons)

Source: IndexBox Market Intelligence Platform

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