Cereals; Millet Price in Bahrain - 2022
Contents:
Cereals; Millet Price in Bahrain (CIF) - 2022
In 2022, the average cereals; millet import price amounted to $400 per ton, with an increase of 2.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $417 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Ukraine ($473 per ton), while the price for India stood at $193 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.5%).
Cereals; Millet Imports in Bahrain
For the fourth consecutive year, Bahrain recorded growth in overseas purchases of cereals; millets, which increased by 0.1% to 222 tons in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 0.1%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; millet imports rose slightly to $89K in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat 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.
| Import of Cereals; Millet in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 65.0 | 69.4 | 73.7 | 77.8 | 6.2% |
| India | 17.7 | 15.3 | 13.1 | 11.2 | -14.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 82.7 | 84.8 | 86.8 | 89.0 | 2.5% |
Top Suppliers of Cereals; Millet to Bahrain in 2022:
- Ukraine (164.5 tons)
- India (57.9 tons)
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