Price for Cereal Flour; of Maize (Corn) in Bahrain - 2022

Contents:

  1. Price for Cereal Flour; of Maize (Corn) in Bahrain (CIF) - 2022
  2. Price for Cereal Flour; of Maize (Corn) in Bahrain (FOB) - 2022
  3. Imports of Cereal Flour; of Maize (Corn) in Bahrain
  4. Exports of Cereal Flour; of Maize (Corn) in Bahrain

Price for Cereal Flour; of Maize (Corn) in Bahrain (CIF) - 2022

The average import price for cereal flour; of maize (corn) stood at $1,678 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, showed a prominent expansion. The growth pace was the most rapid in 2018 when the average import price increased by 195%. Over the period under review, average import prices attained the peak figure at $1,815 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,787 per ton), while the price for India ($864 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.

Price for Cereal Flour; of Maize (Corn) in Bahrain (FOB) - 2022

The average export price for cereal flour; of maize (corn) stood at $1,969 per ton in 2022, surging by 2.2% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 400% against the previous year. As a result, the export price reached the peak level of $29,831 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,647 per ton), while the average price for exports to the UK ($1,194 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+32.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Flour; of Maize (Corn) in Bahrain

In 2022, approx. 61 tons of cereal flour; of maize (corn) were imported into Bahrain; declining by -7.4% against 2021 figures. In general, imports continue to indicate a deep setback. The smallest decline of -3.6% was in 2020.

In value terms, cereal flour; of maize (corn) imports shrank to $102K in 2022. Overall, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of $162K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cereal Flour; of Maize (Corn) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia21.676.110.734.116.4%
United Arab Emirates22.229.330.120.7-2.3%
India23.820.428.617.5-9.7%
United States21.924.029.613.3-15.3%
Italy3.52.23.56.824.8%
South AfricaN/AN/A0.13.53400.0%
GreeceN/AN/AN/A2.90%
Jordan6.5N/AN/AN/A0%
TurkeyN/A1.31.2N/A-7.7%
Others10.88.78.03.8-29.4%
Total110162112102-2.5%

Top Suppliers of Cereal Flour; of Maize (Corn) to Bahrain in 2022:

  1. India (20.3 tons)
  2. United Arab Emirates (17.1 tons)
  3. Saudi Arabia (11.4 tons)
  4. United States (3.5 tons)
  5. South Africa (2.2 tons)
  6. Italy (2.1 tons)
  7. Greece (1.9 tons)

Exports of Cereal Flour; of Maize (Corn) in Bahrain

Cereal flour; of maize (corn) exports from Bahrain surged to 1.8 tons in 2022, increasing by 59% on 2021. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 267% against the previous year. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereal flour; of maize (corn) exports surged to $3.6K in 2022. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 89% against the previous year. As a result, the exports attained the peak of $8.8K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cereal Flour; of Maize (Corn) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1.00.50.92.433.9%
United Arab EmiratesN/A1.01.10.9-5.1%
Oman0.61.30.20.2-30.7%
Free ZonesN/A0.4N/AN/A0%
United KingdomN/AN/AN/AN/A0%
United States3.05.6N/AN/A86.7%
OthersN/AN/AN/AN/A0%
Total4.68.82.23.6-7.8%

Top Export Markets for Cereal Flour; of Maize (Corn) from Bahrain in 2022:

  1. Saudi Arabia (1346.0 kg)
  2. United Arab Emirates (331.0 kg)
  3. Oman (105.0 kg)
  4. United Kingdom (36.0 kg)

Source: IndexBox Market Intelligence Platform

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