Broken Rice Price in Bahrain - 2022
Contents:
- Broken Rice Price in Bahrain (CIF) - 2022
- Broken Rice Price in Bahrain (FOB) - 2022
- Broken Rice Imports in Bahrain
- Broken Rice Exports in Bahrain
Broken Rice Price in Bahrain (CIF) - 2022
The average broken rice import price stood at $484 per ton in 2022, shrinking by -13.1% against the previous year. In general, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of 28% against the previous year. The import price peaked at $750 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($569 per ton), while the price for Pakistan stood at $406 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-1.5%), while the prices for the other major suppliers experienced a decline.
Broken Rice Price in Bahrain (FOB) - 2022
In 2022, the average broken rice export price amounted to $3,349 per ton, surging by 423% against the previous year. Over the period under review, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($9,600 per ton), while the average price for exports to Saudi Arabia ($538 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 Saudi Arabia (-4.5%).
Broken Rice Imports in Bahrain
After two years of decline, overseas purchases of broken rice increased by 50% to 438 tons in 2022. In general, imports, however, saw a abrupt decrease.
In value terms, broken rice imports surged to $212K in 2022. Overall, imports, however, saw a noticeable decline.
| Import of Broken Rice in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 47.2 | 67.7 | 41.7 | 104 | 30.1% |
| Pakistan | 91.3 | 82.6 | 20.6 | 101 | 3.4% |
| Thailand | 4.1 | 3.5 | 2.0 | N/A | -30.2% |
| Vietnam | 85.4 | 99.5 | 77.2 | N/A | -4.9% |
| Saudi Arabia | 6.2 | 4.3 | 13.7 | N/A | 48.6% |
| Others | 10.4 | 18.3 | 7.8 | 7.0 | -12.4% |
| Total | 245 | 276 | 163 | 212 | -4.7% |
Top Suppliers of Broken Rice to Bahrain in 2022:
- Pakistan (248.0 tons)
- India (183.2 tons)
Broken Rice Exports in Bahrain
In 2022, shipments abroad of broken rice decreased by -98.7% to 43 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 173% against the previous year. As a result, the exports attained the peak of 4.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, broken rice exports reduced remarkably to $144 in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, the exports reached the peak of $2.6K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Broken Rice in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 82.0 | 0% |
| Jordan | N/A | N/A | N/A | 48.0 | 0% |
| Saudi Arabia | 1,074 | 1,695 | 2,056 | 14.0 | -76.5% |
| Iraq | 285 | N/A | N/A | N/A | 0% |
| Gambia | N/A | 870 | N/A | N/A | 0% |
| Others | 1.0 | 56.0 | 41.0 | N/A | 540.3% |
| Total | 1,360 | 2,621 | 2,097 | 144 | -52.7% |
Top Export Markets for Broken Rice from Bahrain in 2022:
- Saudi Arabia (26.0 kg)
- Oman (12.0 kg)
- Jordan (5.0 kg)
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