Price for Cereals; Oats, Other than Seed in Bahrain - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Bahrain (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Bahrain (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Bahrain
- Exports of Cereals; Oats, Other than Seed in Bahrain
Price for Cereals; Oats, Other than Seed in Bahrain (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $718 per ton in 2022, increasing by 4.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 95% against the previous year. Over the period under review, average import prices reached the peak figure at $869 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($5,190 per ton), while the price for Ireland ($143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+32.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in Bahrain (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $2,951 per ton in 2022, reducing by -64.7% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 137%. The export price peaked at $15,492 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($9,800 per ton), while the average price for exports to Saudi Arabia ($2,482 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 (+142.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Bahrain
In 2022, supplies from abroad of cereals; oats, other than seeds increased by 64% to 345 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports skyrocketed to $247K in 2022. Overall, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 67.9 | 126 | 67.4 | 158 | 32.5% |
| Australia | 23.8 | 26.7 | 22.8 | 35.5 | 14.3% |
| Malaysia | 9.2 | 12.5 | 12.8 | 33.5 | 53.8% |
| Ireland | 9.5 | 7.1 | 4.6 | 5.4 | -17.2% |
| Ukraine | 4.9 | 4.6 | 3.2 | 4.4 | -3.5% |
| Canada | 37.5 | 22.6 | 8.8 | 1.3 | -67.4% |
| United States | 29.3 | 24.2 | 7.2 | 0.8 | -69.9% |
| Others | 41.6 | 21.9 | 16.8 | 8.2 | -41.8% |
| Total | 224 | 245 | 144 | 247 | 3.3% |
Top Suppliers of Cereals; Oats, Other than Seed to Bahrain in 2022:
- United Arab Emirates (176.6 tons)
- Australia (95.2 tons)
- Ireland (38.0 tons)
- Ukraine (16.5 tons)
- Malaysia (15.5 tons)
- United States (0.3 tons)
- Canada (0.2 tons)
Exports of Cereals; Oats, Other than Seed in Bahrain
In 2022, exports of cereals; oats, other than seeds from Bahrain plummeted to 309 kg, shrinking by -35.8% against the previous year. Overall, exports continue to indicate a sharp shrinkage.
In value terms, cereals; oats, other than seed exports declined notably to $912 in 2022. In general, exports recorded a precipitous shrinkage. The smallest decline of -58.5% was in 2021.
| Export of Cereals; Oats, Other than Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.1 | 2.0 | 0.6 | 0.6 | 81.7% |
| Oman | N/A | N/A | 1.6 | 0.2 | -87.5% |
| Seychelles | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Free Zones | 1.7 | 7.5 | N/A | N/A | 341.2% |
| United Arab Emirates | 23.0 | N/A | 1.4 | N/A | -75.3% |
| Others | 0.1 | N/A | 0.5 | N/A | 123.6% |
| Total | 24.9 | 9.7 | 4.0 | 0.9 | -66.9% |
Top Export Markets for Cereals; Oats, Other than Seed from Bahrain in 2022:
- Saudi Arabia (257.0 kg)
- Oman (42.0 kg)
- Seychelles (10.0 kg)
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