Frozen Whole Chicken Price in Bahrain - 2022
Contents:
- Frozen Whole Chicken Price in Bahrain (CIF) - 2022
- Frozen Whole Chicken Price in Bahrain (FOB) - 2022
- Frozen Whole Chicken Imports in Bahrain
- Frozen Whole Chicken Exports in Bahrain
Frozen Whole Chicken Price in Bahrain (CIF) - 2022
In 2022, the average frozen whole chicken import price amounted to $2,303 per ton, picking up by 37% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained 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 France ($2,698 per ton), while the price for Thailand ($1,693 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Chicken Price in Bahrain (FOB) - 2022
In 2022, the average frozen whole chicken export price amounted to $2,445 per ton, rising by 73% against the previous year. In general, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2018 an increase of 93%. Over the period under review, the average export prices hit record highs at $4,619 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($4,195 per ton), while the average price for exports to India ($1,862 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 Vanuatu (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Chicken Imports in Bahrain
In 2022, imports of frozen whole chickens into Bahrain skyrocketed to 26K tons, with an increase of 27% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen whole chicken imports soared to $61M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. 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 Whole Chicken in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 34.7 | 45.6 | 26.1 | 46.1 | 9.9% |
| Russia | 0.4 | 1.5 | 1.5 | 3.7 | 109.9% |
| Poland | 0.1 | N/A | 0.5 | 2.7 | 200.0% |
| India | 1.5 | 1.2 | 0.4 | 2.2 | 13.6% |
| Turkey | 0.4 | 0.9 | 0.6 | 2.0 | 71.0% |
| Ukraine | 1.2 | 1.6 | 1.8 | 1.0 | -5.9% |
| Thailand | N/A | 1.4 | 1.0 | 0.9 | -19.8% |
| Argentina | 2.9 | 2.7 | 1.5 | 0.3 | -53.1% |
| Others | 2.1 | 1.1 | 1.5 | 1.9 | -3.3% |
| Total | 43.3 | 55.9 | 34.9 | 60.7 | 11.9% |
Top Suppliers of Frozen Whole Chicken to Bahrain in 2022:
- Brazil (19.9K tons)
- Russia (1.6K tons)
- Poland (1.2K tons)
- India (1.0K tons)
- Turkey (0.9K tons)
- Thailand (0.5K tons)
- Ukraine (0.5K tons)
- Argentina (0.2K tons)
Frozen Whole Chicken Exports in Bahrain
In 2022, the amount of frozen whole chickens exported from Bahrain fell dramatically to 80 tons, dropping by -98.3% compared with 2021. Over the period under review, exports showed a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 10,080%. As a result, the exports attained the peak of 4.6K tons, and then fell sharply in the following year.
In value terms, frozen whole chicken exports dropped rapidly to $195K in 2022. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 3,508% against the previous year. As a result, the exports reached the peak of $6.5M, and then fell markedly in the following year.
| Export of Frozen Whole Chicken in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.3 | N/A | N/A | 52.7 | 460.1% |
| United Arab Emirates | N/A | N/A | N/A | 29.3 | 0% |
| Liberia | 10.7 | 9.9 | 450 | 0.6 | -61.7% |
| Panama | 23.1 | 4.3 | 878 | 0.2 | -79.5% |
| Free Zones | 236 | 112 | N/A | N/A | -52.5% |
| Vanuatu | N/A | 9.5 | 1,006 | N/A | 10489.5% |
| Saudi Arabia | 23.1 | 8.9 | 47.2 | N/A | 42.9% |
| Others | 24.0 | 35.3 | 4,098 | 112 | 67.1% |
| Total | 317 | 180 | 6,480 | 195 | -15.0% |
Top Export Markets for Frozen Whole Chicken from Bahrain in 2022:
- Turkey (27.0 tons)
- United Arab Emirates (10.0 tons)
- Liberia (0.1 tons)
- Panama (0.1 tons)
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