Price for Fruit Pears and Quinces in Bahrain - 2022
Contents:
- Price for Fruit Pears and Quinces in Bahrain (CIF) - 2022
- Price for Fruit Pears and Quinces in Bahrain (FOB) - 2022
- Imports of Fruit Pears and Quinces in Bahrain
- Exports of Fruit Pears and Quinces in Bahrain
Price for Fruit Pears and Quinces in Bahrain (CIF) - 2022
The average fruit pears and quinces import price stood at $2,050 per ton in 2022, with an increase of 7.5% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit pears and quinces import price increased by +108.2% against 2012 indices. The most prominent rate of growth was recorded in 2018 an increase of 7.6%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,235 per ton), while the price for Syrian Arab Republic ($63 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fruit Pears and Quinces in Bahrain (FOB) - 2022
In 2022, the average fruit pears and quinces export price amounted to $2,335 per ton, rising by 14% against the previous year. Overall, the export price saw strong growth. The pace of growth was the most pronounced in 2017 an increase of 14%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +13.8% per year.
Imports of Fruit Pears and Quinces in Bahrain
For the fourth consecutive year, Bahrain recorded growth in overseas purchases of fruit, edible, which increased by 9.6% to 5.6K tons in 2022. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable 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, fruit pears and quinces imports skyrocketed to $11M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Fruit Pears and Quinces in Bahrain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 5.1 | 6.3 | 7.6 | 9.2 | 21.7% |
China | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Philippines | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
United States | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
Italy | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Argentina | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Syrian Arab Republic | N/A | N/A | N/A | N/A | 0% |
Others | 0.6 | 0.7 | 0.7 | 0.8 | 10.1% |
Total | 7.0 | 8.3 | 9.7 | 11.5 | 18.0% |
Top Suppliers of Fruit, Edible; Pears and Quinces, Fresh to Bahrain in 2022:
- South Africa (3413.2 tons)
- Argentina (753.1 tons)
- Syrian Arab Republic (423.5 tons)
- United States (320.7 tons)
- Philippines (114.8 tons)
- Italy (100.7 tons)
- China (92.8 tons)
Exports of Fruit Pears and Quinces in Bahrain
Fruit pears and quinces exports from Bahrain expanded modestly to 414 tons in 2022, picking up by 4.9% on 2021 figures. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.9% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, fruit pears and quinces exports skyrocketed to $966K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Fruit Pears and Quinces in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 564 | 675 | 807 | 966 | 19.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 564 | 675 | 807 | 966 | 19.6% |
Top Export Markets for Fruit, Edible; Pears and Quinces, Fresh from Bahrain in 2022:
- Saudi Arabia (413.7 tons)
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