Price for Cereal Groats; Meal and Pellets in Bahrain - 2022
Contents:
- Price for Cereal Groats; Meal and Pellets in Bahrain (CIF) - 2022
- Price for Cereal Groats; Meal and Pellets in Bahrain (FOB) - 2022
- Imports of Cereal Groats; Meal and Pellets in Bahrain
- Exports of Cereal Groats; Meal and Pellets in Bahrain
Price for Cereal Groats; Meal and Pellets in Bahrain (CIF) - 2022
In 2022, the average import price for cereal groats; meal and pelletses amounted to $574 per ton, with an increase of 46% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal groats; meal and pellets import price increased by +55.0% against 2020 indices. Over the period under review, average import prices reached the peak figure at $732 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Lebanon ($3,502 per ton), while the price for Australia ($331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Bahrain (FOB) - 2022
In 2022, the average export price for cereal groats; meal and pelletses amounted to $737 per ton, dropping by -8.1% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,269 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($947 per ton), while the average price for exports to Saudi Arabia ($673 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 Kuwait (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Groats; Meal and Pellets in Bahrain
In 2022, cereal groats; meal and pellets imports into Bahrain shrank to 2.2K tons, declining by -11.6% compared with 2021 figures. Over the period under review, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of 2.5K tons, and then shrank in the following year.
In value terms, cereal groats; meal and pellets imports soared to $1.3M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats; Meal and Pellets in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 434 | 359 | 580 | 699 | 17.2% |
| Turkey | 192 | 144 | 64.8 | 90.1 | -22.3% |
| Saudi Arabia | 39.0 | 3.5 | 21.9 | 55.8 | 12.7% |
| United Arab Emirates | 35.5 | 51.9 | 61.3 | 46.3 | 9.3% |
| Australia | 10.8 | 15.6 | 24.1 | 16.3 | 14.7% |
| Others | 258 | 230 | 219 | 346 | 10.3% |
| Total | 968 | 803 | 971 | 1,254 | 9.0% |
Top Suppliers of Cereal Groats; Meal and Pellets to Bahrain in 2022:
- India (1683.1 tons)
- Turkey (136.0 tons)
- Saudi Arabia (104.8 tons)
- United Arab Emirates (68.5 tons)
- Australia (49.2 tons)
Exports of Cereal Groats; Meal and Pellets in Bahrain
Cereal groats; meal and pellets exports from Bahrain skyrocketed to 85 tons in 2022, with an increase of 23% against 2021 figures. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 119% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, cereal groats; meal and pellets exports expanded significantly to $62K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 161%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Cereal Groats; Meal and Pellets in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.9 | 13.7 | 42.5 | 48.1 | 101.3% |
| United Arab Emirates | 2.0 | 2.8 | 6.6 | 7.0 | 51.8% |
| Kuwait | 0.9 | 0.9 | 2.7 | 3.5 | 57.3% |
| Oman | 1.6 | 2.1 | 1.8 | 1.7 | 2.0% |
| Turkey | N/A | 8.4 | N/A | N/A | 0% |
| Others | 0.6 | 0.7 | 1.7 | 2.0 | 49.4% |
| Total | 10.9 | 28.5 | 55.3 | 62.3 | 78.8% |
Top Export Markets for Cereal Groats; Meal and Pellets from Bahrain in 2022:
- Saudi Arabia (71.6 tons)
- United Arab Emirates (7.4 tons)
- Kuwait (4.5 tons)
- Oman (0.6 tons)
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