Cereals; Millet, Seed Price in Bahrain - 2022
Contents:
- Cereals; Millet, Seed Price in Bahrain (CIF) - 2022
- Cereals; Millet, Seed Price in Bahrain (FOB) - 2022
- Cereals; Millet, Seed Imports in Bahrain
- Cereals; Millet, Seed Exports in Bahrain
Cereals; Millet, Seed Price in Bahrain (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $645 per ton, with an increase of 100% against the previous year. In general, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,220 per ton), while the price for Pakistan ($380 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+67.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Price in Bahrain (FOB) - 2022
The average cereals; millet, seed export price stood at $4,344 per ton in 2022, approximately reflecting the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Kuwait.
From 2020 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per year.
Cereals; Millet, Seed Imports in Bahrain
In 2022, overseas purchases of cereals; millet, seeds decreased by -36.2% to 327 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports attained the peak of 513 tons, and then shrank markedly in the following year.
In value terms, cereals; millet, seed imports surged to $211K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cereals; Millet, Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 8.6 | 20.0 | 47.7 | 86.6 | 115.9% |
| China | N/A | N/A | N/A | 38.7 | 0% |
| India | 41.8 | 43.5 | 71.0 | 38.2 | -3.0% |
| Pakistan | 7.9 | 11.7 | 25.9 | 18.3 | 32.3% |
| Portugal | N/A | N/A | N/A | 17.3 | 0% |
| Belgium | 0.8 | 0.8 | 1.1 | 11.7 | 144.5% |
| United States | 8.5 | 10.8 | 19.2 | N/A | 50.3% |
| Others | 2.8 | 3.3 | 0.4 | 0.3 | -52.5% |
| Total | 70.3 | 90.1 | 165 | 211 | 44.2% |
Top Suppliers of Cereals; Millet, Seed to Bahrain in 2022:
- Ukraine (140.5 tons)
- India (98.4 tons)
- Pakistan (48.2 tons)
- Portugal (16.0 tons)
- Belgium (12.1 tons)
- China (12.0 tons)
Cereals; Millet, Seed Exports in Bahrain
In 2022, cereals; millet, seed exports from Bahrain was estimated at 3 tons, remaining constant against 2021 figures. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; millet, seed exports stood at $13K in 2022. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Kuwait | N/A | N/A | 13.0 | 0% | |
| Free Zones | N/A | N/A | N/A | 0% | |
| Saudi Arabia | 0.2 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.3 | N/A | 13.0 | 558.3% | |
Top Export Markets for Cereals; Millet, Seed from Bahrain in 2022:
- Kuwait (3.0 tons)
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