Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain - 2022
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $73,358 per ton in 2022, jumping by 252% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +4.3% per year.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (FOB) - 2022
In 2021, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $11,319 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a pronounced expansion. The pace of growth was the most pronounced in 2017 an increase of 73%. As a result, the export price attained the peak level of $15,957 per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($45,388 per ton), while the average price for exports to Niger amounted to $2,506 per ton.
From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.8%).
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain
In 2022, the amount of crustacean preparations; lobster, prepared or preserveds imported into Bahrain reduced markedly to 603 kg, declining by -55.1% compared with the previous year. Overall, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $44K in 2022. In general, imports, however, saw a temperate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.5 | 1.8 | 10.7 | 44.2 | 89.5% |
| Spain | 2.1 | N/A | N/A | N/A | 0% |
| Kuwait | 0.7 | 1.4 | 1.3 | N/A | 36.3% |
| Australia | 0.9 | N/A | N/A | N/A | 0% |
| United States | 1.7 | 3.8 | 3.3 | N/A | 39.3% |
| India | 1.5 | 0.8 | 0.6 | N/A | -36.8% |
| United Arab Emirates | 10.9 | 2.4 | 3.0 | N/A | -47.5% |
| Italy | 0.7 | N/A | N/A | N/A | 0% |
| Netherlands | 1.6 | 2.5 | 3.4 | N/A | 45.8% |
| Pakistan | 0.6 | 0.3 | 0.1 | N/A | -59.2% |
| Others | 13.5 | 5.8 | 5.6 | N/A | -35.6% |
| Total | 40.8 | 18.8 | 28.0 | 44.2 | 2.7% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Bahrain in 2022:
- Canada (603.0 kg)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain
In 2021, approx. 326 kg of crustacean preparations; lobster, prepared or preserveds were exported from Bahrain; stabilizing at the previous year. Overall, exports saw a dramatic slump. The smallest decline of 99.9% was in 2020.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds stood at $3.7K in 2021. In general, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Jordan | N/A | N/A | 3.0 | 0% | |
| Niger | N/A | N/A | 0.6 | 0% | |
| Saudi Arabia | 27.9 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 28.0 | N/A | 3.7 | -63.6% | |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Bahrain in 2022:
- Niger (259.0 kg)
- Jordan (67.0 kg)
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