Price for Frozen Concentrated Orange Juice in Bahrain - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Bahrain (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Bahrain (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Bahrain
- Exports of Frozen Concentrated Orange Juice in Bahrain
Price for Frozen Concentrated Orange Juice in Bahrain (CIF) - 2022
The average frozen concentrated orange juice import price stood at $1,839 per ton in 2022, picking up by 2.5% against the previous year. Overall, the import price, however, showed a mild reduction. The pace of growth was the most pronounced in 2014 an increase of 19%. As a result, import price reached the peak level of $2,476 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 the Netherlands ($3,231 per ton), while the price for Cyprus ($1,682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Concentrated Orange Juice in Bahrain (FOB) - 2022
The average frozen concentrated orange juice export price stood at $4,727 per ton in 2022, with an increase of 268% against the previous year. Overall, the export price posted buoyant growth. 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 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +14.8% per year.
Imports of Frozen Concentrated Orange Juice in Bahrain
In 2022, frozen concentrated orange juice imports into Bahrain dropped to 419 tons, falling by -8.3% against 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 457 tons, and then fell in the following year.
In value terms, frozen concentrated orange juice imports shrank to $771K in 2022. Overall, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%.
| Import of Frozen Concentrated Orange Juice in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 561 | 531 | 556 | 618 | 3.3% |
| Netherlands | 58.9 | 60.7 | 63.4 | 116 | 25.3% |
| Egypt | 5.9 | 8.4 | 11.9 | 34.2 | 79.6% |
| United Arab Emirates | 63.9 | 43.8 | 62.8 | N/A | -0.9% |
| Saudi Arabia | 49.0 | 61.5 | 59.1 | N/A | 9.8% |
| Others | 114 | 74.2 | 66.4 | 2.3 | -72.8% |
| Total | 853 | 779 | 820 | 771 | -3.3% |
Top Suppliers of Frozen Concentrated Orange Juice to Bahrain in 2022:
- Cyprus (367.5 tons)
- Netherlands (36.0 tons)
- Egypt (15.0 tons)
Exports of Frozen Concentrated Orange Juice in Bahrain
In 2022, overseas shipments of frozen concentrated orange juice decreased by 99.9% to 11 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.
In value terms, frozen concentrated orange juice exports contracted markedly to $52 in 2022. Overall, exports saw a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $128K, and then plummeted in the following year.
| Export of Frozen Concentrated Orange Juice in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Oman | N/A | 18.0 | N/A | N/A | 0% |
| Philippines | 55.9 | 42.1 | 74.8 | N/A | 15.7% |
| United Arab Emirates | N/A | 19.1 | N/A | N/A | 0% |
| Yemen | 32.6 | 27.0 | 52.7 | N/A | 27.1% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 88.7 | 106 | 128 | 0.1 | -89.6% |
Top Export Markets for Frozen Concentrated Orange Juice from Bahrain in 2022:
- Saudi Arabia (11.0 kg)
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