Liqueurs and Cordials Price in Bahrain - 2022
Contents:
- Liqueurs and Cordials Price in Bahrain (CIF) - 2022
- Liqueurs and Cordials Price in Bahrain (FOB) - 2022
- Liqueurs and Cordials Imports in Bahrain
- Liqueurs and Cordials Exports in Bahrain
Liqueurs and Cordials Price in Bahrain (CIF) - 2022
The average liqueurs and cordials import price stood at $4.4 per litre in 2022, with an increase of 7% against the previous year. Overall, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 18%. The import price peaked at $8.5 per litre in 2016; however, from 2017 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 UK ($9.9 per litre), while the price for South Korea ($1.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.1%), while the prices for the other major suppliers experienced a decline.
Liqueurs and Cordials Price in Bahrain (FOB) - 2022
The average liqueurs and cordials export price stood at $8.8 per litre in 2022, falling by -21.7% against the previous year. In general, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2020 when the average export price increased by 37% against the previous year. The export price peaked at $21 per litre in 2015; however, from 2016 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 Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +10.6% per year.
Liqueurs and Cordials Imports in Bahrain
In 2022, the amount of liqueurs and cordialses imported into Bahrain soared to 375K litres, growing by 161% against the previous year. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, liqueurs and cordials imports skyrocketed to $1.6M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Liqueurs and Cordials in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 112 | 258 | 62.3 | 312 | 40.7% |
| Ireland | 119 | 114 | 36.0 | 275 | 32.2% |
| Germany | 52.8 | 75.9 | 106 | 256 | 69.3% |
| France | 115 | 171 | 33.2 | 212 | 22.6% |
| South Africa | 14.4 | 56.3 | 19.7 | 77.7 | 75.4% |
| Italy | 27.7 | 59.5 | 23.9 | 74.6 | 39.1% |
| United Kingdom | 92.2 | 139 | 11.2 | 62.3 | -12.2% |
| Spain | N/A | 9.2 | 3.0 | 56.8 | 148.5% |
| Lebanon | 43.9 | 50.5 | 15.0 | 35.7 | -6.7% |
| South Korea | 15.1 | 17.6 | 14.7 | 24.7 | 17.8% |
| United Arab Emirates | 185 | 133 | 193 | N/A | 2.1% |
| Others | 39.3 | 88.9 | 66.2 | 245 | 84.0% |
| Total | 817 | 1,173 | 584 | 1,631 | 25.9% |
Top Suppliers of Liqueurs and Cordials to Bahrain in 2022:
- Mexico (79.1K litres)
- Germany (75.4K litres)
- France (68.6K litres)
- Ireland (28.9K litres)
- South Africa (19.9K litres)
- South Korea (19.8K litres)
- Spain (18.0K litres)
- Italy (13.4K litres)
- Lebanon (6.4K litres)
- United Kingdom (6.3K litres)
Liqueurs and Cordials Exports in Bahrain
In 2022, the amount of liqueurs and cordialses exported from Bahrain fell dramatically to 23K litres, dropping by -43.4% on the previous year. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 471% against the previous year. As a result, the exports attained the peak of 40K litres, and then fell remarkably in the following year.
In value terms, liqueurs and cordials exports declined remarkably to $200K in 2022. Over the period under review, exports, however, posted strong growth. The growth pace was the most rapid in 2021 when exports increased by 623% against the previous year. As a result, the exports reached the peak of $451K, and then dropped remarkably in the following year.
| Export of Liqueurs and Cordials in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 151 | 62.4 | 450 | 200 | 9.8% |
| Others | N/A | N/A | 1.0 | 0.1 | -90.0% |
| Total | 151 | 62.4 | 451 | 200 | 9.8% |
Top Export Markets for Liqueurs and Cordials from Bahrain in 2022:
- Free Zones (22.6K litres)
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