Onion Price in Bahrain - 2022
Contents:
- Onion Price in Bahrain (CIF) - 2022
- Onion Price in Bahrain (FOB) - 2022
- Onion Imports in Bahrain
- Onion Exports in Bahrain
Onion Price in Bahrain (CIF) - 2022
In 2022, the average onion import price amounted to $416 per ton, with an increase of 6.9% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion import price increased by +21.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 68%. The import price peaked at $511 per ton in 2014; however, from 2015 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 Spain ($731 per ton), while the price for Yemen ($298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Bahrain (FOB) - 2022
The average onion export price stood at $256 per ton in 2022, surging by 33% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $401 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($1,614 per ton), while the average price for exports to Iraq ($205 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 (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Bahrain
In 2022, approx. 42K tons of onions (dry) were imported into Bahrain; surging by 11% compared with the previous year. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, onion imports skyrocketed to $18M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Onion in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.0 | 5.2 | 7.3 | 11.3 | 7.9% |
| Pakistan | 1.4 | 1.9 | 3.4 | 1.5 | 2.3% |
| Egypt | 2.4 | 0.9 | 0.6 | 1.5 | -14.5% |
| Yemen | 0.3 | 1.5 | 1.1 | 1.0 | 49.4% |
| Oman | 0.3 | 0.2 | 0.6 | 0.8 | 38.7% |
| Spain | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
| Turkey | 0.2 | 0.4 | 0.4 | 0.2 | 0.0% |
| Others | 1.0 | 1.3 | 0.8 | 0.8 | -7.2% |
| Total | 15.2 | 11.9 | 14.9 | 17.7 | 5.2% |
Top Suppliers of Onion to Bahrain in 2022:
- India (27.0K tons)
- Pakistan (4.2K tons)
- Egypt (3.6K tons)
- Yemen (3.4K tons)
- Oman (1.7K tons)
- Spain (0.8K tons)
- Turkey (0.5K tons)
Onion Exports in Bahrain
In 2022, overseas shipments of onions (dry) decreased by -27.3% to 203 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,229% against the previous year. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, onion exports surged to $140K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 583%. As a result, the exports reached the peak of $452K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Onion in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | 2.3 | 25.4 | 1004.3% |
| Saudi Arabia | 16.2 | 249 | 86.6 | 19.0 | 5.5% |
| Niger | N/A | N/A | 1.1 | 18.1 | 1545.5% |
| Oman | N/A | N/A | 0.9 | 12.3 | 1266.7% |
| Iraq | 30.8 | N/A | N/A | 1.5 | -63.5% |
| Kuwait | N/A | 76.9 | N/A | N/A | 0% |
| United States | 5.2 | 79.8 | N/A | N/A | 1434.6% |
| United Arab Emirates | N/A | 37.1 | N/A | N/A | 0% |
| Others | 13.9 | 8.7 | 2.9 | 64.0 | 66.4% |
| Total | 66.2 | 452 | 93.7 | 140 | 28.4% |
Top Export Markets for Onion from Bahrain in 2022:
- Saudi Arabia (67.6 tons)
- Jordan (24.5 tons)
- Niger (11.2 tons)
- Oman (9.4 tons)
- Iraq (7.4 tons)
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