Price for Fish Meal; Fit for Human Consumption in Bahrain - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Bahrain (FOB) - 2022
- Price for Fish Meal; Fit for Human Consumption in Bahrain (CIF) - 2022
- Exports of Fish Meal; Fit for Human Consumption in Bahrain
- Imports of Fish Meal; Fit for Human Consumption in Bahrain
Price for Fish Meal; Fit for Human Consumption in Bahrain (FOB) - 2022
In 2022, the average export price for fish meal; fit for human consumptia amounted to $2,796 per ton, waning by -6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 80%. As a result, the export price attained the peak level of $5,194 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,625 per ton), while the average price for exports to Kuwait ($2,524 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 Qatar (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Meal; Fit for Human Consumption in Bahrain (CIF) - 2022
The average import price for fish meal; fit for human consumptia stood at $2,595 per ton in 2022, dropping by -31.9% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 75% against the previous year. As a result, import price attained the peak level of $6,726 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($2,750 per ton), while the price for the Philippines totaled $2,454 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Fish Meal; Fit for Human Consumption in Bahrain
In 2022, overseas shipments of fish meal; fit for human consumptia decreased by -66.3% to 8 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 600%. As a result, the exports reached the peak of 38 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fish meal; fit for human consumptia reduced dramatically to $22K in 2022. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 600%. As a result, the exports reached the peak of $107K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fish Meal; Fit for Human Consumption in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 9.1 | 95.4 | 65.8 | 16.3 | 21.4% |
| Kuwait | 4.9 | 9.1 | 3.1 | 5.7 | 5.2% |
| Others | 1.3 | 2.8 | 1.6 | 0.3 | -38.7% |
| Total | 15.3 | 107 | 70.4 | 22.3 | 13.4% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Bahrain in 2022:
- United Arab Emirates (5.7 tons)
- Kuwait (2.3 tons)
Imports of Fish Meal; Fit for Human Consumption in Bahrain
In 2022, supplies from abroad of fish meal; fit for human consumptia decreased by -57.3% to 3.6 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 37%. As a result, imports reached the peak of 12 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fish meal; fit for human consumptia reduced markedly to $9.5K in 2022. Overall, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 74% against the previous year. As a result, imports reached the peak of $43K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fish Meal; Fit for Human Consumption in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 21.5 | 39.3 | 30.3 | 8.9 | -25.5% |
| Others | 3.2 | 3.5 | 2.2 | 0.6 | -42.8% |
| Total | 24.7 | 42.8 | 32.5 | 9.5 | -27.3% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Bahrain in 2022:
- Philippines (3.6 tons)
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