Frozen Salmonoids Price in Bahrain - 2022

Contents:

  1. Frozen Salmonoids Price in Bahrain (CIF) - 2022
  2. Frozen Salmonoids Price in Bahrain (FOB) - 2022
  3. Frozen Salmonoids Imports in Bahrain
  4. Frozen Salmonoids Exports in Bahrain

Frozen Salmonoids Price in Bahrain (CIF) - 2022

In 2022, the average frozen salmonoids import price amounted to $14,801 per ton, increasing by 137% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 153% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($26,026 per ton), while the price for Vietnam ($1,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+87.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Salmonoids Price in Bahrain (FOB) - 2022

The average frozen salmonoids export price stood at $8,360 per ton in 2022, falling by -5.1% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $8,806 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +16.8% per year.

Frozen Salmonoids Imports in Bahrain

For the third consecutive year, Bahrain recorded decline in purchases abroad of frozen salmonoids, which decreased by -57.3% to 21 tons in 2022. Over the period under review, imports recorded a dramatic decline. The smallest decline of -11.6% was in 2021.

In value terms, frozen salmonoids imports amounted to $309K in 2022. In general, imports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year.

Import of Frozen Salmonoids in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom24389.01242723.8%
United Arab Emirates41.12.87.419.8-21.6%
Chile17.06.47.510.5-14.8%
Vietnam66.438.423.56.9-53.0%
India28.013.621.7N/A-12.0%
Mauritania17.1N/AN/AN/A0%
Myanmar37.715.621.1N/A-25.2%
Saudi Arabia13456.577.7N/A-23.9%
Pakistan68.919.912.7N/A-57.1%
Others31.14.510.90.1-85.2%
Total684247306309-23.3%

Top Suppliers of Frozen Salmonoids to Bahrain in 2022:

  1. United Kingdom (10.5 tons)
  2. United Arab Emirates (4.8 tons)
  3. Vietnam (3.6 tons)
  4. Chile (2.0 tons)

Frozen Salmonoids Exports in Bahrain

In 2022, overseas shipments of frozen salmonoids were finally on the rise to reach 500 kg after two years of decline. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen salmonoids exports soared to $4.2K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Salmonoids in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/A0.14.24100.0%
NigerN/AN/A0.4N/A0%
OmanN/AN/A0.6N/A0%
Saudi Arabia2.72.61.4N/A-28.0%
OthersN/AN/AN/AN/A0%
Total2.72.62.54.215.9%

Top Export Markets for Frozen Salmonoids from Bahrain in 2022:

  1. Jordan (500.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fish; Pacific salmon, other than sockeye salmon, (Oncorhynchus gorbuscha/keta/tschawytscha/kisutch/masou/rhodurus), frozen, (excluding fillets, livers, roes and other fish meat of heading no. 0304) - Bahrain