Frozen Catfish Fillet Price in Bahrain - 2022
Contents:
- Frozen Catfish Fillet Price in Bahrain (CIF) - 2022
- Frozen Catfish Fillet Price in Bahrain (FOB) - 2022
- Frozen Catfish Fillet Imports in Bahrain
- Frozen Catfish Fillet Exports in Bahrain
Frozen Catfish Fillet Price in Bahrain (CIF) - 2022
The average frozen catfish fillet import price stood at $1,942 per ton in 2022, with an increase of 5.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21%. The import price peaked at $2,045 per ton in 2019; however, from 2020 to 2022, import prices stood 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 ($3,181 per ton), while the price for Vietnam totaled $1,897 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%).
Frozen Catfish Fillet Price in Bahrain (FOB) - 2022
The average frozen catfish fillet export price stood at $5,264 per ton in 2022, picking up by 233% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. Over the period under review, the average export prices attained the peak figure at $20,636 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($9,655 per ton), while the average price for exports to Malaysia totaled $5,241 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+32.7%).
Frozen Catfish Fillet Imports in Bahrain
For the third year in a row, Bahrain recorded decline in overseas purchases of frozen catfish fillets, which decreased by -13.8% to 928 tons in 2022. Over the period under review, imports recorded a significant curtailment.
In value terms, frozen catfish fillet imports shrank to $1.8M in 2022. Overall, imports recorded a sharp descent.
| Import of Frozen Catfish Fillet in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 18.1 | 10.3 | 1.6 | 1.7 | -54.5% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.4 | 0.4 | N/A | 100.0% |
| Total | 18.2 | 10.6 | 2.0 | 1.8 | -53.8% |
Top Suppliers of Frozen Catfish Fillet to Bahrain in 2022:
- Vietnam (895.7 tons)
- United Arab Emirates (32.8 tons)
Frozen Catfish Fillet Exports in Bahrain
In 2022, exports of frozen catfish fillets from Bahrain contracted significantly to 23 tons, waning by -76.8% compared with the year before. Overall, exports faced a dramatic decline.
In value terms, frozen catfish fillet exports shrank remarkably to $122K in 2022. Over the period under review, exports faced a dramatic downturn.
| Export of Frozen Catfish Fillet in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Malaysia | N/A | 120 | 0% | ||
| United Arab Emirates | 157 | N/A | 0% | ||
| Others | N/A | 1.3 | 0% | ||
| Total | 157 | 122 | -22.3% | ||
Top Export Markets for Frozen Catfish Fillet from Bahrain in 2022:
- Malaysia (22.9 tons)
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