Price for Cereals; Grain Sorghum, Other than Seed in Bahrain - 2022

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Bahrain (CIF) - 2022
  2. Imports of Cereals; Grain Sorghum, Other than Seed in Bahrain

Price for Cereals; Grain Sorghum, Other than Seed in Bahrain (CIF) - 2022

The average import price for cereals; grain sorghum, other than seeds stood at $405 per ton in 2022, picking up by 22% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $433 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for Ukraine amounted to +4.0% per year.

Imports of Cereals; Grain Sorghum, Other than Seed in Bahrain

In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -18.8% to 673 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.7%. As a result, imports reached the peak of 829 tons, and then reduced remarkably in the following year.

In value terms, imports of cereals; grain sorghum, other than seeds reduced modestly to $273K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.4% against the previous year. As a result, imports attained the peak of $275K, leveling off in the following year.

Import of Cereals; Grain Sorghum, Other than Seed in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15520121427120.5%
Thailand10.67.36.4N/A-22.3%
Australia10.28.810.7N/A2.4%
Ukraine17.618.421.0N/A9.2%
Others45.418.022.71.9-65.3%
Total2382532752734.7%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Bahrain in 2022:

  1. India (672.6 tons)

Source: IndexBox Market Intelligence Platform

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