Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $11,987 per ton, with an increase of 45% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 76%. Over the period under review, average import prices hit record highs at $17,979 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($18,957 per ton), while the price for Thailand ($154 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $9,722 per ton, surging by 19% against the previous year. Over the period under review, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2014 an increase of 66%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +5.6% per year.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain
Imports of cocoa beans; whole or broken, raw or roasteds into Bahrain contracted rapidly to 525 kg in 2022, reducing by -72.3% on the year before. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined notably to $6.3K in 2022. Over the period under review, imports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 4.7%.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.9 | 0.3 | 0.2 | 2.5 | -4.8% |
| Philippines | N/A | N/A | N/A | 1.3 | 0% |
| Peru | 2.8 | 1.4 | 0.5 | 1.3 | -22.6% |
| United States | 0.2 | 0.3 | 0.2 | 0.5 | 35.7% |
| United Kingdom | 4.2 | 0.6 | 0.5 | 0.5 | -50.8% |
| India | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Kuwait | 1.5 | 1.7 | 4.2 | N/A | 67.3% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Belgium | 2.0 | 1.6 | 2.3 | N/A | 7.2% |
| Morocco | 5.8 | N/A | N/A | N/A | 0% |
| Lebanon | 3.0 | 2.7 | 1.7 | N/A | -24.7% |
| Canada | 0.5 | 0.2 | 0.2 | N/A | -36.8% |
| Turkey | 0.3 | N/A | N/A | N/A | 0% |
| Others | 10.0 | 6.1 | 5.8 | N/A | -23.8% |
| Total | 33.4 | 14.9 | 15.7 | 6.3 | -42.7% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Bahrain in 2022:
- France (194.0 kg)
- Peru (130.0 kg)
- Philippines (70.0 kg)
- United States (52.0 kg)
- United Kingdom (42.0 kg)
- India (24.0 kg)
- Thailand (13.0 kg)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain
In 2022, overseas shipments of cocoa beans; whole or broken, raw or roasteds decreased by -15.6% to 54 kg, falling for the second year in a row after two years of growth. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, the exports attained the peak of 279 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds stood at $525 in 2022. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, the exports reached the peak of $2.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 825 | 1,815 | 179 | 525 | -14.0% |
| Kuwait | 453 | 295 | 344 | N/A | -12.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,278 | 2,110 | 523 | 525 | -25.7% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Bahrain in 2022:
- Oman (54.0 kg)
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