Frozen Strawberries Price in Bahrain - 2022
Contents:
- Frozen Strawberries Price in Bahrain (CIF) - 2022
- Frozen Strawberries Price in Bahrain (FOB) - 2022
- Frozen Strawberries Imports in Bahrain
- Frozen Strawberries Exports in Bahrain
Frozen Strawberries Price in Bahrain (CIF) - 2022
The average frozen strawberries import price stood at $2,441 per ton in 2022, surging by 40% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Belgium ($6,412 per ton), while the price for Egypt ($1,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Price in Bahrain (FOB) - 2022
In 2022, the average frozen strawberries export price amounted to $4,553 per ton, increasing by 15% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 196%. Over the period under review, the average export prices hit record highs at $13,551 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.9% per year.
Frozen Strawberries Imports in Bahrain
After two years of decline, overseas purchases of frozen strawberrieses increased by 28% to 208 tons in 2022. In general, imports, however, showed a relatively flat trend pattern.
In value terms, frozen strawberries imports soared to $508K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Strawberries in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 170 | 141 | 116 | 226 | 10.0% |
Belgium | 1.9 | 4.4 | 3.9 | 96.4 | 270.2% |
Canada | 17.7 | 38.9 | 5.8 | 49.1 | 40.5% |
Chile | 3.8 | 3.3 | 7.2 | 47.2 | 131.6% |
United Kingdom | 5.4 | 12.9 | 25.7 | 37.0 | 89.9% |
France | 1.3 | 2.7 | 3.4 | 23.2 | 161.3% |
Poland | 19.6 | 10.3 | 2.1 | 10.0 | -20.1% |
China | 9.2 | 19.2 | 16.1 | N/A | 32.3% |
Syrian Arab Republic | 1.3 | 15.6 | 13.1 | N/A | 217.4% |
Morocco | 51.2 | 7.3 | 0.8 | N/A | -87.5% |
Oman | N/A | 29.1 | N/A | N/A | 0% |
Others | 79.5 | 64.5 | 89.0 | 18.5 | -38.5% |
Total | 361 | 349 | 283 | 508 | 12.1% |
Top Suppliers of Frozen Strawberries to Bahrain in 2022:
- Morocco (undefined tons)
- Egypt (152.2 tons)
- Belgium (15.0 tons)
- United Kingdom (9.8 tons)
- Canada (8.6 tons)
- Chile (8.6 tons)
- France (4.6 tons)
- Poland (1.8 tons)
Frozen Strawberries Exports in Bahrain
In 2022, approx. 24 tons of frozen strawberrieses were exported from Bahrain; rising by 216% on the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 45,469%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, frozen strawberries exports surged to $108K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 41,709%. As a result, the exports attained the peak of $126K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Frozen Strawberries in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 0.3 | 126 | 28.0 | 108 | 611.4% |
Jordan | N/A | N/A | 1.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.3 | 126 | 29.9 | 108 | 611.4% |
Top Export Markets for Frozen Strawberries from Bahrain in 2022:
- Saudi Arabia (23.8 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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