Price for Protein; Concentrates and Textured Protein Substances in Bahrain - 2022

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Bahrain (CIF) - 2022
  2. Price for Protein; Concentrates and Textured Protein Substances in Bahrain (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Bahrain
  4. Exports of Protein; Concentrates and Textured Protein Substances in Bahrain

Price for Protein; Concentrates and Textured Protein Substances in Bahrain (CIF) - 2022

The average import price for protein; concentrates and textured protein substanceses stood at $11,658 per ton in 2022, jumping by 82% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 82% against the previous year. The import price peaked at $15,503 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($16,668 per ton), while the price for Argentina ($1,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Bahrain (FOB) - 2022

The average export price for protein; concentrates and textured protein substanceses stood at $5,921 per ton in 2022, falling by -13% against the previous year. Over the period under review, the export price, however, posted tangible growth. The export price peaked at $47,785 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($9,468 per ton), while the average price for exports to Saudi Arabia ($5,392 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+96.4%).

Imports of Protein; Concentrates and Textured Protein Substances in Bahrain

In 2022, the amount of protein; concentrates and textured protein substanceses imported into Bahrain skyrocketed to 4.1K tons, jumping by 641% against 2021. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of protein; concentrates and textured protein substanceses surged to $48M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Protein; Concentrates and Textured Protein Substances in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/AN/AN/A23.40%
DenmarkN/AN/A1.29.2666.7%
United States0.90.51.45.785.0%
SpainN/AN/AN/A4.60%
CanadaN/AN/A0.13.23100.0%
LithuaniaN/AN/AN/A1.10%
India0.10.10.10.10.0%
ArgentinaN/A0.10.10.10.0%
IranN/A0.1N/AN/A0%
Others0.30.40.60.944.2%
Total1.51.23.648.3218.1%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Bahrain in 2022:

  1. New Zealand (1402.3 tons)
  2. Denmark (827.6 tons)
  3. United States (699.9 tons)
  4. Spain (441.0 tons)
  5. Canada (320.7 tons)
  6. Lithuania (112.5 tons)
  7. India (99.8 tons)
  8. Argentina (76.3 tons)
  9. Iran (11.3 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Bahrain

In 2022, the amount of protein; concentrates and textured protein substanceses exported from Bahrain surged to 31 tons, with an increase of 29% against the previous year's figure. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 8,286% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of protein; concentrates and textured protein substanceses rose sharply to $184K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 6,818%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Protein; Concentrates and Textured Protein Substances in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A88.00%
Saudi ArabiaN/AN/A11.745.5288.9%
JordanN/AN/AN/A20.30%
Oman0.1N/A18.915.4436.0%
NigerN/AN/AN/A14.50%
PakistanN/A0.2129N/A64400.0%
Others21.02.24.1N/A-55.8%
Total21.12.4164184105.8%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Bahrain in 2022:

  1. United Arab Emirates (16.2 tons)
  2. Saudi Arabia (8.4 tons)
  3. Jordan (2.6 tons)
  4. Oman (2.2 tons)
  5. Niger (1.5 tons)

Source: IndexBox Market Intelligence Platform

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