Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (CIF) - 2022
  2. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (FOB) - 2022
  3. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain
  4. Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $6,454 per ton, growing by 4.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $10,644 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Australia ($10,905 per ton), while the price for Sudan ($5,528 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (FOB) - 2022

In 2022, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $9,872 per ton, growing by 37% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2015 to 2022, the rate of growth in terms of prices for Oman amounted to +32.5% per year.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain

In 2022, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Bahrain shrank modestly to 3.1K tons, approximately mirroring 2021 figures. In general, imports recorded a slight shrinkage. The growth pace was the most rapid in 2021 when imports increased by 27%.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses expanded modestly to $20M in 2022. Overall, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya0.30.81.014.5264.3%
TanzaniaN/AN/A4.02.0-50.0%
Pakistan1.65.34.81.95.9%
India2.11.72.71.2-17.0%
Kazakhstan1.31.50.3N/A-52.0%
Ethiopia1.80.3N/AN/A-83.3%
Sudan1.30.91.2N/A-3.9%
Australia13.14.64.2N/A-43.4%
Others0.30.70.70.1-30.7%
Total21.915.718.919.7-3.5%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Bahrain in 2022:

  1. Kenya (2347.0 tons)
  2. Tanzania (338.7 tons)
  3. Pakistan (226.6 tons)
  4. India (120.5 tons)
  5. Sudan (3.7 tons)
  6. Kazakhstan (3.0 tons)
  7. Australia (0.5 tons)

Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain

In 2022, approx. 881 kg of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were exported from Bahrain; with an increase of 17,520% against the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses surged to $8.7K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A8.70%
Georgia0.3N/AN/AN/A0%
Oman2.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.8N/AN/A8.745.9%

Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Bahrain in 2022:

  1. Saudi Arabia (881.0 kg)

Source: IndexBox Market Intelligence Platform

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