Price for Vegetable Products Not Elsewhere Specified or Included in Bahrain - 2022

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Bahrain (CIF) - 2022
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Bahrain (FOB) - 2022
  3. Imports of Vegetable Products Not Elsewhere Specified or Included in Bahrain
  4. Exports of Vegetable Products Not Elsewhere Specified or Included in Bahrain

Price for Vegetable Products Not Elsewhere Specified or Included in Bahrain (CIF) - 2022

In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $2,775 per ton, standing approx. at the previous year. In general, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 83% against the previous year. As a result, import price reached the peak level of $3,301 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Pakistan ($6,671 per ton), while the price for Singapore ($902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Bahrain (FOB) - 2022

The average export price for vegetable products not elsewhere specified or includeds stood at $1,217 per ton in 2022, rising by 11% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $4,930 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($17,000 per ton), while the average price for exports to Saudi Arabia ($1,071 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 the United Arab Emirates (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetable Products Not Elsewhere Specified or Included in Bahrain

In 2022, after two years of decline, there was significant growth in supplies from abroad of vegetable products not elsewhere specified or includeds, when their volume increased by 58% to 90 tons. Over the period under review, imports, however, recorded a deep slump.

In value terms, imports of vegetable products not elsewhere specified or includeds surged to $253K in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetable Products Not Elsewhere Specified or Included in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12070.681.51507.7%
United States61.235.112.139.6-13.5%
Pakistan10.013.912.910.62.0%
Indonesia1.51.39.610.390.1%
United Arab Emirates0.52.33.45.3119.7%
Iran8.87.54.94.7-18.9%
Singapore3.63.32.42.2-15.1%
Others23.222.031.330.19.1%
Total2281561582533.5%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Bahrain in 2022:

  1. United States (39.7 tons)
  2. India (28.8 tons)
  3. Indonesia (9.4 tons)
  4. Singapore (2.5 tons)
  5. Iran (2.2 tons)
  6. Pakistan (1.6 tons)
  7. United Arab Emirates (1.5 tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Bahrain

For the third year in a row, Bahrain recorded decline in shipments abroad of vegetable products not elsewhere specified or includeds, which decreased by -93% to 415 kg in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of -35.9% was in 2020.

In value terms, exports of vegetable products not elsewhere specified or includeds dropped notably to $493 in 2022. Overall, exports recorded a sharp decrease. The smallest decline of -27.9% was in 2020.

Export of Vegetable Products Not Elsewhere Specified or Included in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia12.59.75.50.4-68.3%
Kuwait1.00.70.5N/A-29.3%
Oman0.60.10.4N/A-18.4%
Others0.80.30.2N/A-50.0%
Total14.910.76.60.5-67.7%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Bahrain in 2022:

  1. Saudi Arabia (396.0 kg)
  2. Oman (15.0 kg)
  3. Kuwait (2.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable products not elsewhere specified or included - Bahrain