Price for Soya Beans; Other than Seed, Whether or Not Broken in Bahrain - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain
Price for Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (CIF) - 2022
The average import price for soya beans; other than seed, whether or not brokens stood at $1,404 per ton in 2022, falling by -6.9% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 143%. The import price peaked at $2,490 per ton in 2013; however, from 2014 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 China ($2,195 per ton), while the price for Canada ($1,151 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $2,220 per ton in 2022, waning by -20.1% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 33%. The export price peaked at $2,777 per ton in 2021, and then dropped notably in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($2,844 per ton), while the average price for exports to Saudi Arabia amounted to $2,018 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain
Imports of soya beans; other than seed, whether or not brokens into Bahrain surged to 24 tons in 2022, jumping by 124% compared with 2021. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2020 when imports increased by 2,436%. As a result, imports attained the peak of 516 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of soya beans; other than seed, whether or not brokens skyrocketed to $33K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,091%. As a result, imports reached the peak of $511K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.7 | 217 | 6.3 | 13.4 | 26.0% |
| India | N/A | N/A | N/A | 12.6 | 0% |
| Singapore | 0.5 | 18.5 | 0.7 | 2.1 | 61.3% |
| Madagascar | N/A | N/A | N/A | 1.3 | 0% |
| China | 0.5 | 28.5 | 0.4 | 1.0 | 26.0% |
| Taiwan (Chinese) | 1.8 | 93.6 | 3.1 | 0.4 | -39.4% |
| United Arab Emirates | 2.0 | 90.8 | 3.0 | 0.3 | -46.9% |
| Nigeria | N/A | 12.6 | N/A | N/A | 0% |
| Others | 4.5 | 50.2 | 2.4 | 2.1 | -22.4% |
| Total | 16.0 | 511 | 15.9 | 33.2 | 27.5% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Bahrain in 2022:
- Canada (11.7 tons)
- India (8.6 tons)
- Singapore (1.4 tons)
- Madagascar (0.8 tons)
- China (0.4 tons)
- Taiwan (Chinese) (0.2 tons)
- United Arab Emirates (0.2 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain
In 2022, approx. 3.6 tons of soya beans; other than seed, whether or not brokens were exported from Bahrain; surging by 463% on 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 506%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of soya beans; other than seed, whether or not brokens skyrocketed to $8K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 707%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 0.5 | 0.3 | 6.3 | 255.0% |
| Oman | N/A | 0.2 | N/A | 0.3 | 22.5% |
| Free Zones | 0.1 | 1.8 | 0.3 | N/A | 73.2% |
| Jordan | N/A | 0.3 | N/A | N/A | 0% |
| United States | 0.7 | 3.5 | 1.3 | N/A | 36.3% |
| Others | N/A | N/A | N/A | 1.4 | 0% |
| Total | 0.8 | 6.3 | 1.8 | 8.0 | 115.4% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Bahrain in 2022:
- Saudi Arabia (3.1 tons)
- Oman (0.1 tons)
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