Frozen Tilapia Fillets Price in Bahrain - 2022
Contents:
- Frozen Tilapia Fillets Price in Bahrain (FOB) - 2022
- Frozen Tilapia Fillets Price in Bahrain (CIF) - 2022
- Frozen Tilapia Fillets Exports in Bahrain
- Frozen Tilapia Fillets Imports in Bahrain
Frozen Tilapia Fillets Price in Bahrain (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $6,824 per ton, growing by 521% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($7,637 per ton) and Niger ($7,027 per ton), while the average price for exports to Saudi Arabia ($5,209 per ton) and Oman ($6,472 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+19.2%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Tilapia Fillets Price in Bahrain (CIF) - 2022
The average frozen tilapia fillets import price stood at $5,615 per ton in 2022, falling by -29.4% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 317%. The import price peaked at $10,994 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,419 per ton), while the price for the United Arab Emirates totaled $4,400 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapia Fillets Exports in Bahrain
In 2022, after two years of decline, there was significant decline in overseas shipments of frozen tilapia fillets, when their volume decreased by -96.9% to 765 kg. Overall, exports recorded a dramatic shrinkage.
In value terms, frozen tilapia fillets exports contracted rapidly to $5.2K in 2022. In general, exports continue to indicate a perceptible curtailment.
Export of Frozen Tilapia Fillets in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | N/A | N/A | 1.5 | 1.8 | 20.0% |
Niger | N/A | N/A | 0.6 | 1.8 | 200.0% |
Oman | N/A | N/A | 0.6 | 1.0 | 66.7% |
Saudi Arabia | N/A | N/A | N/A | 0.6 | 0% |
Thailand | N/A | N/A | 24.0 | N/A | 0% |
Kuwait | 5.7 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.7 | N/A | 26.8 | 5.2 | -3.0% |
Top Export Markets for Frozen Tilapia Fillets from Bahrain in 2022:
- Niger (255.0 kg)
- Jordan (234.0 kg)
- Oman (161.0 kg)
- Saudi Arabia (115.0 kg)
Frozen Tilapia Fillets Imports in Bahrain
After two years of decline, supplies from abroad of frozen tilapia fillets increased by 702% to 377 kg in 2022. Over the period under review, imports, however, faced a dramatic contraction.
In value terms, frozen tilapia fillets imports skyrocketed to $2.1K in 2022. In general, imports, however, continue to indicate a noticeable decline.
Import of Frozen Tilapia Fillets in Bahrain (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.0 | 3.0 | 3.0 | 1,457 | 359.7% |
United Arab Emirates | 4.0 | 1.0 | 2.0 | 660 | 448.5% |
Egypt | 1,713 | 292 | 310 | N/A | -57.5% |
Myanmar | 111 | N/A | N/A | N/A | 0% |
Australia | 583 | 74.0 | 59.0 | N/A | -68.2% |
Others | 19.0 | 3.0 | N/A | N/A | -84.2% |
Total | 2,445 | 373 | 374 | 2,117 | -4.7% |
Top Suppliers of Frozen Tilapia Fillets to Bahrain in 2022:
- China (227.0 kg)
- United Arab Emirates (150.0 kg)
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