Mandarins Price in Bahrain - 2022
Contents:
- Mandarins Price in Bahrain (CIF) - 2022
- Mandarins Price in Bahrain (FOB) - 2022
- Mandarins Imports in Bahrain
- Mandarins Exports in Bahrain
Mandarins Price in Bahrain (CIF) - 2022
The average mandarins import price stood at $924 per ton in 2022, rising by 7.6% against the previous year. Over the last five-year period, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.6% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($2,189 per ton), while the price for Syrian Arab Republic ($305 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Bahrain (FOB) - 2022
The average mandarins export price stood at $1,291 per ton in 2022, rising by 15% against the previous year. Overall, export price indicated buoyant growth from 2017 to 2022: its price increased at an average annual rate of +12.7% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins export price increased by +81.8% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2017 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +12.3% per year.
Mandarins Imports in Bahrain
In 2022, purchases abroad of fruit, edible decreased by -9.1% to 8.1K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mandarins imports declined slightly to $7.5M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 decreased by -6.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58%. As a result, imports reached the peak of $8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Mandarins in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 993 | 2,244 | 2,419 | 3,001 | 44.6% |
Egypt | 317 | 581 | 601 | 1,249 | 57.9% |
Spain | 486 | 524 | 529 | 923 | 23.8% |
Pakistan | 649 | 1,385 | 786 | 807 | 7.5% |
Morocco | 226 | 293 | 502 | 596 | 38.2% |
Turkey | 174 | 245 | 216 | 532 | 45.1% |
Syrian Arab Republic | 100 | 115 | 131 | 86.2 | -4.8% |
United Arab Emirates | 1,347 | 1,955 | 1,823 | N/A | 16.3% |
Others | 786 | 675 | 659 | 308 | -26.8% |
Total | 5,079 | 8,018 | 7,666 | 7,502 | 13.9% |
Top Suppliers of Mandarins to Bahrain in 2022:
- South Africa (2.5K tons)
- Egypt (1.9K tons)
- Pakistan (1.6K tons)
- Spain (0.6K tons)
- Turkey (0.5K tons)
- Morocco (0.4K tons)
- Syrian Arab Republic (0.3K tons)
Mandarins Exports in Bahrain
In 2022, mandarins exports from Bahrain shrank markedly to 47 tons, dropping by -91% on 2021. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. As a result, the exports attained the peak of 522 tons, and then reduced rapidly in the following year.
In value terms, mandarins exports contracted notably to $61K in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 161%. As a result, the exports reached the peak of $588K, and then contracted significantly in the following year.
Export of Mandarins in Bahrain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 241 | 225 | 585 | 58.3 | -37.7% |
Others | 0.4 | N/A | 2.5 | 2.5 | 84.2% |
Total | 242 | 225 | 588 | 60.8 | -36.9% |
Top Export Markets for Mandarins from Bahrain in 2022:
- Saudi Arabia (46.7 tons)
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