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Bahrain - Sugar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugar Price in Bahrain - 2022
Contents:
- Sugar Price in Bahrain (CIF) - 2022
- Sugar Price in Bahrain (FOB) - 2022
- Sugar Imports in Bahrain
- Sugar Exports in Bahrain
Sugar Price in Bahrain (CIF) - 2022
The average sugar import price stood at $1,405 per ton in 2022, picking up by 56% against the previous year. Over the period under review, the import price enjoyed pronounced growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 82%. Over the period under review, average import prices attained the peak figure at $1,564 per ton in 2017; however, from 2018 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 Brazil ($3,498 per ton), while the price for the United Arab Emirates ($805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugar Price in Bahrain (FOB) - 2022
The average sugar export price stood at $702 per ton in 2022, waning by -56.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 193%. As a result, the export price reached the peak level of $12,367 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($7,188 per ton), while the average price for exports to Senegal stood at $598 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+18.3%).
Sugar Imports in Bahrain
In 2022, supplies from abroad of sugar decreased by -17% to 510 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 164%. As a result, imports attained the peak of 824 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sugar imports soared to $717K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of $787K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Sugar in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 224 | 508 | 284 | 386 | 19.9% |
Mauritius | 99.4 | 94.4 | 142 | 214 | 29.1% |
United Kingdom | 15.0 | 10.0 | 19.2 | 31.7 | 28.3% |
China | 16.6 | 3.7 | 12.8 | 27.1 | 17.7% |
United Arab Emirates | 20.9 | 29.8 | 49.3 | 11.0 | -19.3% |
Hong Kong SAR | N/A | 103 | N/A | N/A | 0% |
Others | 86.7 | 38.2 | 47.8 | 47.1 | -18.4% |
Total | 462 | 787 | 555 | 717 | 15.8% |
Top Suppliers of Sugar to Bahrain in 2022:
- India (361.9 tons)
- Mauritius (95.7 tons)
- United Kingdom (14.5 tons)
- United Arab Emirates (13.6 tons)
- China (11.0 tons)
Sugar Exports in Bahrain
In 2022, approx. 1 tons of sugar were exported from Bahrain; which is down by -98.4% compared with the year before. Over the period under review, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 8,864% against the previous year.
In value terms, sugar exports declined significantly to $713 in 2022. In general, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 5,052%.
Export of Sugar in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Senegal | N/A | N/A | N/A | 0.6 | 0% |
Saudi Arabia | 0.2 | 1.2 | 0.7 | 0.1 | -20.6% |
Kuwait | N/A | 0.9 | 103 | N/A | 11344.4% |
Portugal | 2,174 | N/A | N/A | N/A | 0% |
Others | 1.6 | N/A | N/A | N/A | 0% |
Total | 2,176 | 2.0 | 104 | 0.7 | -93.1% |
Top Export Markets for Sugar from Bahrain in 2022:
- Senegal (1000.0 kg)
- Saudi Arabia (16.0 kg)
This report provides an in-depth analysis of the sugar market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 162 - Sugar, Raw Centrifugal
- FCL 163 - Sugar, Non-Centrifugal
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the sugar market in Bahrain.
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This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
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