Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain - 2022

Contents:

  1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain (CIF) - 2022
  2. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain (CIF) - 2022

In December 2022, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $4,168 per ton, falling by -5.1% against the previous month. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 4% month-to-month. Over the period under review, average import prices reached the maximum at $5,007 per ton in May 2022; however, from June 2022 to December 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

From December 2021 to December 2022, the rate of growth in terms of prices for Pakistan amounted to -1.2% per month.

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain

In 2022, imports of fresh or chilled carcasses and half-carcasses of bovine meat into Bahrain was estimated at 4.1K tons, increasing by 12% against the previous year's figure. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat rose markedly to $19M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan15.814.914.818.86.0%
Others1.41.42.30.3-40.2%
Total17.216.317.219.13.6%

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Bahrain in 2022:

  1. Pakistan (4.0K tons)

Source: IndexBox Market Intelligence Platform

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