Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Bahrain - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (CIF) - 2022
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (FOB) - 2022
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (CIF) - 2022

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $11,881 per ton, surging by 39% against the previous year. Overall, the import price posted a strong increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 252%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Vietnam ($27,393 per ton), while the price for Sweden ($8,929 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,180 per ton in 2022, picking up by 7.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $15,497 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($10,866 per ton), while the average price for exports to Oman ($7,080 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses imported into Bahrain dropped remarkably to 4.2 tons, shrinking by -47.9% on 2021 figures. In general, imports faced a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 311% against the previous year. As a result, imports attained the peak of 8.1 tons, and then declined sharply in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank rapidly to $50K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 279% against the previous year. As a result, imports reached the peak of $69K, and then shrank markedly in the following year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12.11.244.832.639.1%
VietnamN/AN/AN/A12.50%
Singapore14.30.32.73.2-39.3%
Sweden6.80.10.50.1-75.5%
ChinaN/A15.0N/AN/A0%
France3.30.11.1N/A-42.3%
Philippines8.30.49.3N/A5.9%
Others4.21.010.21.5-29.1%
Total49.118.168.749.90.5%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Bahrain in 2022:

  1. United Arab Emirates (3370.0 kg)
  2. Vietnam (455.0 kg)
  3. Singapore (269.0 kg)
  4. Sweden (14.0 kg)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses from Bahrain skyrocketed to 2.4 tons, jumping by 35% compared with 2021 figures. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,320%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses surged to $22K in 2022. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,018% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia7.40.94.09.27.5%
OmanN/A0.32.76.3358.3%
NigerN/AN/A3.74.08.1%
JordanN/AN/A5.02.6-48.0%
Kuwait7.6N/AN/AN/A0%
Others0.30.1N/AN/A-66.7%
Total15.31.415.322.113.0%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Bahrain in 2022:

  1. Oman (886.0 kg)
  2. Saudi Arabia (850.0 kg)
  3. Niger (373.0 kg)
  4. Jordan (301.0 kg)

Source: IndexBox Market Intelligence Platform

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