Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain - 2022
Contents:
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (CIF) - 2022
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (FOB) - 2022
- Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain
- Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (CIF) - 2022
In 2022, the average import price for fish amounted to $2,521 per ton, leveling off at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1.1%. The import price peaked at $2,625 per ton in 2012; however, from 2013 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 Australia ($2,842 per ton), while the price for the UK amounted to $67 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-9.6%).
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (FOB) - 2022
The average export price for fish stood at $339 per ton in 2022, with a decrease of -16.4% against the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -16.4%. The export price peaked at $2,029 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -16.3% per year.
Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain
For the fourth consecutive year, Bahrain recorded growth in overseas purchases of fish, which increased by 19% to 2.2K tons in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fish surged to $5.4M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.1 | 3.8 | 4.5 | 5.4 | 20.3% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 3.8 | 4.5 | 5.4 | 20.3% |
Top Suppliers of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) to Bahrain in 2022:
- Australia (1.9K tons)
- United Kingdom (0.2K tons)
Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain
Exports of fish from Bahrain stood at 98 tons in 2022, remaining constant against the previous year's figure. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 0.5% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of fish reduced remarkably to $33K in 2022. In general, exports, however, continue to indicate a abrupt decrease. The smallest decline of -16% was in 2020.
| Export of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 55.9 | 47.0 | 39.5 | 33.2 | -15.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 55.9 | 47.0 | 39.5 | 33.2 | -15.9% |
Top Export Markets for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) from Bahrain in 2022:
- Saudi Arabia (97.8 tons)
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