Price for Cereal Groats and Meal; of Maize (Corn) in Bahrain - 2022

Contents:

1. Price for Cereal Groats and Meal; of Maize (Corn) in Bahrain (CIF) - 2022
2. Price for Cereal Groats and Meal; of Maize (Corn) in Bahrain (FOB) - 2022
3. Imports of Cereal Groats and Meal; of Maize (Corn) in Bahrain
4. Exports of Cereal Groats and Meal; of Maize (Corn) in Bahrain

Price for Cereal Groats and Meal; of Maize (Corn) in Bahrain (CIF) - 2022

The average import price for cereal groats and meal; of maize (corn)s stood at $473 per ton in 2022, with an increase of 25% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $503 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($590 per ton), while the price for India ($452 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Groats and Meal; of Maize (Corn) in Bahrain (FOB) - 2022

The average export price for cereal groats and meal; of maize (corn)s stood at $1,154 per ton in 2022, reducing by -54.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 222% against the previous year. The export price peaked at $7,200 per ton in 2014; however, from 2015 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 Qatar amounted to +9.4% per year.

Imports of Cereal Groats and Meal; of Maize (Corn) in Bahrain

In 2022, supplies from abroad of cereal groats and meal; of maize (corn)s increased by 20% to 1.9K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal groats and meal; of maize (corn)s skyrocketed to $888K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Bahrain in 2022:

1. India (1734.9 tons)
2. Saudi Arabia (110.0 tons)
3. Turkey (23.9 tons)

Exports of Cereal Groats and Meal; of Maize (Corn) in Bahrain

In 2022, overseas shipments of cereal groats and meal; of maize (corn)s increased by 678% to 10 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal groats and meal; of maize (corn)s soared to $12K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Bahrain in 2022:

1. Saudi Arabia (10.2 tons)

Source: IndexBox Market Intelligence Platform