Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (CIF) - 2022
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (FOB) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $6,905 per ton in 2022, with a decrease of -2% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs at $8,622 per ton in 2017; however, from 2018 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 Vietnam ($17,726 per ton), while the price for the Philippines ($3,342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $33,354 per ton in 2022, jumping by 29% against the previous year. Overall, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 89%. As a result, the export price attained the peak level of $50,625 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($49,600 per ton), while the average price for exports to Saudi Arabia ($25,828 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 Saudi Arabia (+11.8%).
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain
After three years of growth, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -5.1% to 94 tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 629%.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted to $648K in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 663%.
Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 19.9 | 227 | 498 | 398 | 171.4% |
Kuwait | 0.8 | 17.6 | 73.6 | 116 | 425.4% |
Philippines | 11.1 | 45.8 | 50.4 | 64.7 | 80.0% |
Vietnam | 19.3 | 111 | 25.8 | 41.3 | 28.9% |
Others | 7.8 | 47.6 | 49.2 | 27.4 | 52.0% |
Total | 58.9 | 449 | 697 | 648 | 122.4% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Bahrain in 2022:
- United Arab Emirates (58.8 tons)
- Philippines (19.4 tons)
- Kuwait (9.9 tons)
- Vietnam (2.3 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain
In 2022, after three years of growth, there was significant decline in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, when their volume decreased by -7.3% to 178 kg. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of 192 kg, and then reduced in the following year.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $5.9K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niger | N/A | N/A | N/A | 2.5 | 0% |
Saudi Arabia | 3.4 | 1.9 | 0.8 | 2.2 | -13.5% |
Jordan | N/A | N/A | 1.5 | 0.6 | -60.0% |
Oman | N/A | N/A | N/A | 0.6 | 0% |
United Arab Emirates | N/A | N/A | 2.6 | N/A | 0% |
Iraq | N/A | 2.2 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.4 | 4.1 | 4.9 | 5.9 | 20.2% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Bahrain in 2022:
- Saudi Arabia (87.0 kg)
- Niger (50.0 kg)
- Jordan (23.0 kg)
- Oman (18.0 kg)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Bahrain.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Bahrain.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.