Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (CIF) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (FOB) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $9,906 per ton in 2022, stabilizing at the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -3.0% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 43% against the previous year. The import price peaked at $10,209 per ton in 2019; however, from 2020 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 the Netherlands ($17,750 per ton), while the price for Moldova ($1,000 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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (FOB) - 2022
In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $6,600 per ton, approximately mirroring the previous year. In general, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices hit record highs at $6,663 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($15,250 per ton), while the average price for exports to Kuwait ($3,815 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Bahrain skyrocketed to 133 tons, growing by 30% compared with the year before. In general, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 523%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $1.3M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 576% against the previous year.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,258 | 95.7 | 544 | 1,053 | -5.8% |
| Netherlands | 83.4 | 6.2 | 61.5 | 80.7 | -1.1% |
| India | 53.3 | 14.0 | 69.3 | 49.8 | -2.2% |
| Brazil | 16.2 | 14.3 | 80.2 | 38.9 | 33.9% |
| Australia | 129 | 4.8 | 4.8 | 36.7 | -34.2% |
| New Zealand | 65.7 | 5.0 | 5.3 | 30.3 | -22.7% |
| Pakistan | 3.9 | 5.3 | 23.2 | 14.6 | 55.3% |
| Paraguay | 9.2 | 1.4 | 8.6 | 7.7 | -5.8% |
| Moldova | N/A | N/A | 34.4 | 4.4 | -87.2% |
| Kenya | N/A | N/A | 141 | N/A | 0% |
| Others | 26.0 | 1.5 | 29.4 | 4.9 | -42.7% |
| Total | 1,645 | 148 | 1,002 | 1,321 | -7.1% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Bahrain in 2022:
- United States (79.9 tons)
- India (14.2 tons)
- Australia (12.1 tons)
- Brazil (5.5 tons)
- New Zealand (5.3 tons)
- Netherlands (4.5 tons)
- Pakistan (4.4 tons)
- Moldova (4.4 tons)
- Paraguay (2.2 tons)
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain
In 2022, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from Bahrain shrank to 2.1 tons, reducing by -10.8% against the previous year. Overall, exports saw a dramatic curtailment.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat contracted to $14K in 2022. In general, exports showed a sharp reduction.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 5.6 | 0% |
| Free Zones | 137 | 33.0 | 6.7 | 3.8 | -69.7% |
| Kuwait | 62.0 | 37.2 | 6.6 | 3.3 | -62.4% |
| Saudi Arabia | 6.3 | 3.4 | 0.5 | 0.2 | -68.3% |
| Others | N/A | N/A | 1.5 | 0.6 | -60.0% |
| Total | 205 | 73.6 | 15.4 | 13.6 | -59.5% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Bahrain in 2022:
- United Arab Emirates (887.0 kg)
- Kuwait (867.0 kg)
- Free Zones (258.0 kg)
- Saudi Arabia (16.0 kg)
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