Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain (CIF) - 2022
  2. Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain

Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $13,150 per ton, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($13,988 per ton), while the price for Australia amounted to $11,918 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain

In 2022, the amount of fresh or chilled sheep (including lamb) boneless cutses imported into Bahrain contracted rapidly to 23 tons, waning by -18% against the previous year's figure. Overall, imports continue to indicate a abrupt decrease. The smallest decline of -14% was in 2020.

In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses reduced slightly to $296K in 2022. Over the period under review, imports saw a abrupt downturn.

Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand304276205188-14.8%
Australia82.955.751.31099.6%
KenyaN/A12.89.3N/A-27.3%
India56.741.937.0N/A-19.2%
Others10.85.33.1N/A-46.4%
Total454391306296-13.3%

Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Bahrain in 2022:

  1. New Zealand (13.4 tons)
  2. Australia (9.1 tons)

Source: IndexBox Market Intelligence Platform

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