Dried Apricot Price in Bahrain - 2022
Contents:
- Dried Apricot Price in Bahrain (CIF) - 2022
- Dried Apricot Price in Bahrain (FOB) - 2022
- Dried Apricot Imports in Bahrain
- Dried Apricot Exports in Bahrain
Dried Apricot Price in Bahrain (CIF) - 2022
The average dried apricot import price stood at $4,587 per ton in 2022, growing by 21% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried apricot import price increased by +42.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 40%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,548 per ton), while the price for Pakistan ($1,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Apricot Price in Bahrain (FOB) - 2022
The average dried apricot export price stood at $24,085 per ton in 2022, leveling off at the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 3,220%. As a result, the export price reached the peak level of $188,954 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($62,673 per ton), while the average price for exports to Saudi Arabia amounted to $3,677 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-8.1%).
Dried Apricot Imports in Bahrain
After two years of decline, purchases abroad of dried apricots increased by 30% to 93 tons in 2022. In general, imports, however, showed a relatively flat trend pattern.
In value terms, dried apricot imports surged to $426K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +68.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dried Apricot in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 105 | 127 | 154 | 290 | 40.3% |
| Afghanistan | 36.3 | 11.6 | 39.5 | 73.7 | 26.6% |
| United Arab Emirates | 117 | 60.8 | 52.0 | 50.0 | -24.7% |
| Pakistan | 29.4 | 33.9 | 14.1 | 1.3 | -64.6% |
| Others | 14.3 | 18.7 | 11.1 | 10.5 | -9.8% |
| Total | 302 | 252 | 271 | 426 | 12.2% |
Top Suppliers of Dried Apricot to Bahrain in 2022:
- Turkey (44.4 tons)
- Afghanistan (31.1 tons)
- United Arab Emirates (14.2 tons)
- Pakistan (0.7 tons)
Dried Apricot Exports in Bahrain
In 2022, approx. 872 kg of dried apricots were exported from Bahrain; standing approx. at 2021. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -87.6% was in 2020.
In value terms, dried apricot exports stood at $21K in 2022. Overall, exports posted noticeable growth. The smallest decline of -80.4% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Dried Apricot in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 18.8 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 2.1 | 0% |
| United States | 18.3 | 3.6 | N/A | N/A | -80.3% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 18.3 | 3.6 | N/A | 21.0 | 4.7% |
Top Export Markets for Dried Apricot from Bahrain in 2022:
- Saudi Arabia (560.0 kg)
- Turkey (300.0 kg)
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