Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain - 2022
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (CIF) - 2022
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (FOB) - 2022
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (CIF) - 2022
In 2022, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $12,965 per ton, surging by 24% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 127% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Australia ($26,232 per ton), while the price for Pakistan ($4,480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (FOB) - 2022
Bahrain has no trade partners to describe.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
In 2022, purchases abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -4.6% to 138 tons, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 86%. As a result, imports attained the peak of 779 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat soared to $1.8M in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, imports attained the peak of $3.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 302 | 351 | 404 | 622 | 27.2% |
| United States | 246 | 262 | 517 | 534 | 29.5% |
| Australia | 127 | 67.3 | 273 | 402 | 46.8% |
| Pakistan | 1,443 | 2,863 | 259 | 190 | -49.1% |
| Others | 128 | 56.5 | 57.0 | 44.3 | -29.8% |
| Total | 2,246 | 3,601 | 1,510 | 1,792 | -7.3% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Bahrain in 2022:
- New Zealand (55.0 tons)
- Pakistan (42.5 tons)
- United States (22.5 tons)
- Australia (15.3 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
In 2022, after three years of growth, there was significant decline in overseas shipments of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, when their volume decreased by -86.7% to 1.9 tons. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 885%.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank markedly to $20K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 794%.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 3.2 | 27.3 | N/A | N/A | 753.1% |
| Australia | N/A | N/A | 81.1 | N/A | 0% |
| United States | N/A | 1.0 | N/A | N/A | 0% |
| Others | N/A | 0.2 | 12.9 | 19.9 | 897.5% |
| Total | 3.2 | 28.5 | 94.0 | 19.9 | 83.9% |
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