Price for Insects; Live, Other than Bees in Bahrain - 2022

Contents:

1. Price for Insects; Live, Other than Bees in Bahrain (CIF) - 2022
2. Imports of Insects; Live, Other than Bees in Bahrain

Price for Insects; Live, Other than Bees in Bahrain (CIF) - 2022

In 2022, the average import price for insects; live, other than beeses amounted to $0.1 per thousand units, growing by 117% against the previous year. In general, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 631%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

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

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +9.3% per year.

Imports of Insects; Live, Other than Bees in Bahrain

In 2022, after three years of growth, there was significant decline in purchases abroad of insects; live, other than beeses, when their volume decreased by -68% to 1.5B units. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,164%. As a result, imports attained the peak of 4.7B units, and then dropped sharply in the following year.

In value terms, insects; live, other than bees imports plummeted to $157K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,963%. Imports peaked at $226K in 2021, and then declined notably in the following year.

Top Suppliers of Insects; Live, Other than Bees to Bahrain in 2022:

1. Australia (1.5B units)

Source: IndexBox Market Intelligence Platform