Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (FOB) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (CIF) - 2022
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (FOB) - 2022
Bahrain has no trade partners to describe.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $16,833 per ton, increasing by 543% against the previous year. Overall, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Hungary ($28,667 per ton), while the price for China amounted to $5,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced a decline.
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain
In 2022, shipments abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -7.2% to 1.3 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of 1.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank rapidly to $3K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1,546 | 3,195 | N/A | N/A | 106.7% |
| United Arab Emirates | 62.0 | 126 | 20.0 | N/A | -43.2% |
| Others | N/A | N/A | 3,612 | 2,975 | -17.6% |
| Total | 1,608 | 3,321 | 3,632 | 2,975 | 22.8% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Bahrain in 2022:
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain
In 2022, approx. 18 kg of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Bahrain; shrinking by -99.1% compared with 2021. In general, imports recorded a precipitous descent. The smallest decline of -36.3% was in 2021.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined sharply to $303 in 2022. Overall, imports saw a sharp decrease. The smallest decline of -32.5% was in 2020.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 0.3 | 0% |
| Switzerland | 1.9 | 0.3 | 1.0 | N/A | -27.5% |
| Ireland | 0.4 | 0.1 | 0.2 | N/A | -29.3% |
| China | 2.3 | 0.2 | 0.5 | N/A | -53.4% |
| United Kingdom | 2.0 | 0.3 | 1.0 | N/A | -29.3% |
| France | 1.3 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 3.3 | 0.7 | 2.2 | N/A | -18.4% |
| United States | N/A | 6.1 | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.4 | N/A | 0.0% |
| Total | 11.7 | 7.9 | 5.3 | 0.3 | -70.5% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Bahrain in 2022:
- Hungary (9.0 kg)
- China (9.0 kg)
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