Price for Flour, Meal, and Flakes of Potatoes in Bahrain - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Bahrain (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Bahrain (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Bahrain
4. Exports of Flour, Meal, and Flakes of Potatoes in Bahrain

Price for Flour, Meal, and Flakes of Potatoes in Bahrain (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,899 per ton, shrinking by -5.3% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour, meal, and flakes of potatoeses increased by +53.6% against 2015 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 47%. Over the period under review, average import prices reached the maximum at $2,005 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,674 per ton), while the price for Turkey ($778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Bahrain (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $1,386 per ton in 2022, which is down by -29.5% against the previous year. Over the period under review, the export price recorded a precipitous decline. The growth pace was the most rapid in 2019 an increase of 34%. The export price peaked at $14,605 per ton in 2014; however, from 2015 to 2022, the 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 the United Arab Emirates ($2,075 per ton), while the average price for exports to Pakistan ($333 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.6%), while the prices for the other major destinations experienced a decline.

Imports of Flour, Meal, and Flakes of Potatoes in Bahrain

In 2022, after two years of decline, there was significant growth in overseas purchases of flour, meal, and flakes of potatoeses, when their volume increased by 383% to 698 tons. Over the period under review, imports, however, showed a abrupt slump.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $1.3M in 2022. Overall, imports, however, faced a abrupt slump.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Bahrain in 2022:

1. Germany (538.3 tons)
2. United Kingdom (102.6 tons)
3. India (24.0 tons)
4. Turkey (12.0 tons)
5. Belgium (1.8 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Bahrain

For the third year in a row, Bahrain recorded decline in overseas shipments of flour, meal, and flakes of potatoeses, which decreased by -3.2% to 3.1 tons in 2022. Overall, exports showed a dramatic contraction.

In value terms, exports of flour, meal, and flakes of potatoeses shrank sharply to $4.2K in 2022. Over the period under review, exports continue to indicate a sharp downturn.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Bahrain in 2022:

1. United Arab Emirates (1152.0 kg)
2. Saudi Arabia (1014.0 kg)
3. Pakistan (800.0 kg)
4. Sudan (90.0 kg)

Source: IndexBox Market Intelligence Platform