Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain - 2022

Contents:

1. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain (CIF) - 2022
2. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain (FOB) - 2022
3. Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain
4. Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain (CIF) - 2022

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $2,773 per ton, shrinking by -5.8% against the previous year. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 104% against the previous year. The import price peaked at $3,965 per ton in 2012; however, from 2013 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 France ($3,345 per ton), while the price for Germany ($1,008 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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain (FOB) - 2022

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $2,298 per ton in 2022, falling by -22.6% against the previous year. Over the period under review, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 101% against the previous year. The export price peaked at $5,108 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($2,529 per ton), while the average price for exports to Seychelles ($750 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 Nepal (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain

Imports of powdered sweetened milk and cream of fat weight content over 1.5% into Bahrain contracted sharply to 263 tons in 2022, declining by -19.3% compared with the previous year's figure. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 304%. As a result, imports attained the peak of 326 tons, and then declined remarkably in the following year.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% declined dramatically to $730K in 2022. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 359%. As a result, imports reached the peak of $959K, and then declined sharply in the following year.

Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Bahrain in 2022:

1. Saudi Arabia (80.5 tons)
2. France (30.6 tons)
3. Italy (17.3 tons)
4. Netherlands (10.4 tons)
5. New Zealand (5.3 tons)
6. Philippines (4.5 tons)
7. Thailand (2.7 tons)
8. Australia (1.5 tons)
9. Germany (1.5 tons)

Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Bahrain

In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% exported from Bahrain dropped notably to 265 kg, with a decrease of -67.4% against 2021 figures. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of -18.6% was in 2020.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% fell significantly to $609 in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -22.7% was in 2020.

Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Bahrain in 2022:

1. Saudi Arabia (140.0 kg)
2. Germany (93.0 kg)
3. Nepal (8.0 kg)
4. Seychelles (4.0 kg)

Source: IndexBox Market Intelligence Platform