Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,325 per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.6% against the previous year. Over the period under review, average import prices reached the maximum at $1,630 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 United States ($2,705 per ton), while the price for Saudi Arabia ($1,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $913 per ton, dropping by -71% against the previous year. In general, the export price faced a sharp slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 171% against the previous year. The export price peaked at $19,456 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,898 per ton), while the average price for exports to the United Arab Emirates stood at $561 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-20.8%).

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain

Imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into Bahrain contracted remarkably to 201 tons in 2022, dropping by -29% against 2021 figures. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined sharply to $266K in 2022. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Bahrain in 2022:

1. China (161.3 tons)
2. United Arab Emirates (26.5 tons)
3. India (5.2 tons)
4. Saudi Arabia (4.9 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bahrain

Exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Bahrain surged to 3.2 tons in 2022, picking up by 275% compared with 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell rose sharply to $2.9K in 2022. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 9.6%.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Bahrain in 2022:

1. United Arab Emirates (2.4 tons)
2. Saudi Arabia (0.8 tons)

Source: IndexBox Market Intelligence Platform