Non-Liquid Margarine Price in Bahrain - 2022
Contents:
- Non-Liquid Margarine Price in Bahrain (CIF) - 2022
- Non-Liquid Margarine Price in Bahrain (FOB) - 2022
- Non-Liquid Margarine Imports in Bahrain
- Non-Liquid Margarine Exports in Bahrain
Non-Liquid Margarine Price in Bahrain (CIF) - 2022
In December 2022, the average non-liquid margarine import price amounted to $2,074 per ton, approximately reflecting the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 25% against the previous month. As a result, import price attained the peak level of $2,081 per ton, leveling off in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Saudi Arabia ($5,118 per ton), while the price for Belgium ($887 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in Bahrain (FOB) - 2022
In May 2022, the average non-liquid margarine export price amounted to $1,201 per ton, waning by -87.8% against the previous month. In general, the export price faced a deep slump. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 46% m-o-m. As a result, the export price attained the peak level of $10,983 per ton. From March 2022 to May 2022, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Syrian Arab Republic.
From October 2021 to May 2022, the rate of growth in terms of prices for Syrian Arab Republic amounted to 0.0% per month.
Non-Liquid Margarine Imports in Bahrain
In 2022, the amount of non-liquid margarine imported into Bahrain skyrocketed to 3.2K tons, with an increase of 116% against the year before. Over the period under review, imports, however, saw a deep setback.
In value terms, non-liquid margarine imports skyrocketed to $3.9M in 2022. Overall, imports, however, continue to indicate a abrupt setback.
| Import of Non-Liquid Margarine in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,567 | 2,601 | 1,373 | 1,916 | -9.3% |
| United Arab Emirates | 611 | 738 | 389 | 727 | 6.0% |
| Malaysia | 217 | 273 | 111 | 316 | 13.3% |
| Belgium | 249 | 169 | 82.3 | 142 | -17.1% |
| Netherlands | 285 | 288 | 55.4 | 96.8 | -30.2% |
| Australia | 36.2 | 36.1 | 35.7 | 88.5 | 34.7% |
| Saudi Arabia | 73.8 | 174 | 26.6 | 81.4 | 3.3% |
| Singapore | 79.4 | 67.5 | 23.7 | 34.0 | -24.6% |
| Others | 676 | 952 | 339 | 465 | -11.7% |
| Total | 4,795 | 5,298 | 2,436 | 3,867 | -6.9% |
Top Suppliers of Non-Liquid Margarine to Bahrain in 2022:
- Indonesia (1734.0 tons)
- United Arab Emirates (533.9 tons)
- Malaysia (317.9 tons)
- Belgium (211.7 tons)
- Australia (59.2 tons)
- Saudi Arabia (55.3 tons)
- Singapore (53.0 tons)
- Netherlands (44.4 tons)
Non-Liquid Margarine Exports in Bahrain
In 2022, shipments abroad of non-liquid margarine increased by 6.2% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible downturn.
In value terms, non-liquid margarine exports totaled $19K in 2022. In general, exports, however, showed a slight reduction.
| Export of Non-Liquid Margarine in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | N/A | N/A | N/A | 17.7 | 0% |
| United Arab Emirates | 18.0 | 14.0 | 0.1 | 1.1 | -60.6% |
| Free Zones | 1.5 | 5.3 | N/A | N/A | 253.3% |
| Kuwait | N/A | N/A | 18.3 | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 19.7 | 19.3 | 18.4 | 18.9 | -1.4% |
Top Export Markets for Non-Liquid Margarine from Bahrain in 2022:
- Syrian Arab Republic (16.5 tons)
- United Arab Emirates (0.2 tons)
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