Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain - 2022

Contents:

1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain (CIF) - 2022
2. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain (FOB) - 2022
3. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain
4. Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $744 per ton, dropping by -58.3% against the previous year. In general, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 89% against the previous year. The import price peaked at $1,783 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,091 per ton), while the price for the United Arab Emirates ($535 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $876 per ton, reducing by -47.6% against the previous year. Overall, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 207% against the previous year. Over the period under review, the average export prices hit record highs at $11,730 per ton in 2018; however, from 2019 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 2015 to 2022, the rate of growth in terms of prices for Free Zones amounted to +4,547.4% per year.

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain

In 2022, overseas purchases of flour and meal; of sago, roots or tubers of heading no. 0714 increased by 476% to 209 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $156K in 2022. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Bahrain in 2022:

1. United Arab Emirates (138.7 tons)
2. Thailand (60.7 tons)
3. India (6.8 tons)

Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Bahrain

After three years of growth, overseas shipments of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -0.3% to 11 tons in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 88%.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 reduced rapidly to $9.5K in 2022. In general, exports saw a precipitous descent. The smallest decline of -20.2% was in 2020.

Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Bahrain in 2022:

1. Saudi Arabia (10.8 tons)

Source: IndexBox Market Intelligence Platform