Bahrain - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPork Price in Bahrain - 2022
Contents:
- Pork Price in Bahrain (CIF) - 2022
- Pork Price in Bahrain (FOB) - 2022
- Pork Imports in Bahrain
- Pork Exports in Bahrain
Pork Price in Bahrain (CIF) - 2022
In 2022, the average pork import price amounted to $3,610 per ton, surging by 6.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $4,363 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,625 per ton), while the price for Kenya stood at $3,483 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%).
Pork Price in Bahrain (FOB) - 2022
The average pork export price stood at $6,624 per ton in 2022, waning by -21.8% against the previous year. In general, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the maximum at $9,177 per ton in 2016; however, from 2017 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 Panama ($9,526 per ton), while the average price for exports to Norway ($4,800 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 Free Zones (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.
Pork Imports in Bahrain
Pork imports into Bahrain expanded significantly to 977 tons in 2022, increasing by 12% against the previous year's figure. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pork imports soared to $3.5M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Pork in Bahrain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.6 | 3.0 | 2.6 | 3.4 | 9.4% |
Kenya | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Others | 0.2 | 0.1 | 0.3 | N/A | 22.5% |
Total | 2.9 | 3.3 | 3.0 | 3.5 | 6.5% |
Top Suppliers of Pork to Bahrain in 2022:
- Netherlands (941.4 tons)
- Kenya (24.1 tons)
Pork Exports in Bahrain
In 2022, overseas shipments of pork decreased by -20.1% to 10 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pork exports shrank sharply to $67K in 2022. Overall, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $200K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Pork in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | N/A | N/A | 0.8 | 0% |
Netherlands | N/A | 2.7 | 1.5 | 0.4 | -61.5% |
Singapore | 1.5 | N/A | 1.2 | 0.4 | -35.6% |
Panama | 18.1 | 0.8 | 8.4 | 0.4 | -71.9% |
United Kingdom | N/A | 0.4 | N/A | 0.3 | -13.4% |
Marshall Islands | 0.3 | 2.7 | 2.6 | 0.2 | -12.6% |
Free Zones | 46.0 | 58.0 | N/A | N/A | 26.1% |
United States | 4.4 | 73.2 | N/A | N/A | 1563.6% |
Malta | 3.4 | 12.1 | 3.9 | N/A | 7.1% |
Greece | 6.0 | 0.4 | 1.2 | N/A | -55.3% |
Kuwait | 35.4 | 43.4 | N/A | N/A | 22.6% |
Liberia | 10.5 | 1.8 | 5.8 | N/A | -25.7% |
Others | 6.4 | 4.1 | 82.9 | 64.7 | 116.2% |
Total | 132 | 200 | 107 | 67.1 | -20.2% |
Top Export Markets for Pork from Bahrain in 2022:
- Panama (undefined tons)
- United Kingdom (undefined tons)
- Marshall Islands (undefined tons)
- Norway (0.2 tons)
- Netherlands (0.1 tons)
- Singapore (0.1 tons)
This report provides an in-depth analysis of the pork market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1035 - Pig meat
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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