Price for Cereals; Maize (Corn), Other than Seed in Bahrain - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Bahrain (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Bahrain (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Bahrain
- Exports of Cereals; Maize (Corn), Other than Seed in Bahrain
Price for Cereals; Maize (Corn), Other than Seed in Bahrain (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $402 per ton, rising by 5.7% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereals; maize (corn), other than seeds decreased by -19.6% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 117% against the previous year. As a result, import price reached the peak level of $500 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 the United Arab Emirates ($556 per ton), while the price for India ($368 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in Bahrain (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $444 per ton in 2022, which is down by -68.4% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 122%. The export price peaked at $3,500 per ton in 2012; however, from 2013 to 2022, the 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 Oman ($3,013 per ton), while the average price for exports to Pakistan ($369 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 Oman (+59.6%).
Imports of Cereals; Maize (Corn), Other than Seed in Bahrain
Imports of cereals; maize (corn), other than seeds into Bahrain skyrocketed to 20K tons in 2022, jumping by 23% on the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of cereals; maize (corn), other than seeds surged to $8.2M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 30.7 | 7.3 | 1,656 | 4,723 | 435.8% |
| Argentina | 2,970 | 1,977 | 130 | 1,579 | -19.0% |
| United States | 114 | 61.6 | 913 | 845 | 95.0% |
| India | 21.5 | 30.7 | 61.6 | 468 | 179.2% |
| United Arab Emirates | 361 | 2,356 | 1,756 | 336 | -2.4% |
| Antigua and Barbuda | 1,267 | N/A | 0.3 | 3.8 | -85.6% |
| Brazil | 4.2 | N/A | 1,632 | N/A | 1871.2% |
| Others | 145 | 204 | 132 | 230 | 16.6% |
| Total | 4,915 | 4,638 | 6,282 | 8,186 | 18.5% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Bahrain in 2022:
- Pakistan (12.8K tons)
- Argentina (3.1K tons)
- United States (2.2K tons)
- India (1.3K tons)
- United Arab Emirates (0.6K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Bahrain
Exports of cereals; maize (corn), other than seeds from Bahrain surged to 198 tons in 2022, rising by 1,042% on the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; maize (corn), other than seeds skyrocketed to $88K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Maize (Corn), Other than Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | N/A | 64.4 | 0% |
| Saudi Arabia | 26.2 | 50.0 | 18.1 | 22.1 | -5.5% |
| Oman | 15.5 | N/A | 0.3 | 1.2 | -57.4% |
| Kuwait | N/A | 11.9 | 3.9 | N/A | -67.2% |
| Others | 0.6 | 3.5 | 2.0 | 0.1 | -45.0% |
| Total | 42.3 | 65.4 | 24.3 | 87.9 | 27.6% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Bahrain in 2022:
- Pakistan (174.8 tons)
- Saudi Arabia (22.7 tons)
- Oman (0.4 tons)
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