Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain
  4. Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $9,285 per ton, picking up by 83% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($14,516 per ton), while the price for Australia ($11,314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (FOB) - 2022

Bahrain has no trade partners to describe.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain

In 2022, approx. 53 tons of frozen sheep (including lamb) boneless cutses were imported into Bahrain; which is down by -33.5% against 2021 figures. Over the period under review, imports recorded a precipitous curtailment. The smallest decline of -11.7% was in 2021.

In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $494K in 2022. Overall, imports showed a relatively flat trend pattern.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia17311254.930120.3%
New Zealand14.510.53.134.733.8%
UruguayN/AN/AN/A9.90%
Spain27.26.111.7N/A-34.4%
KenyaN/A40.12.1N/A-94.8%
Qatar98.511764.7N/A-19.0%
India19.039.819.8N/A2.1%
United Arab Emirates14.59.52.7N/A-56.8%
Saudi Arabia20.312.828.1N/A17.7%
Others13244.92191483.9%
Total499392406494-0.3%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Bahrain in 2022:

  1. Australia (26.6 tons)
  2. New Zealand (2.9 tons)
  3. Uruguay (0.7 tons)

Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain

In 2022, shipments abroad of frozen sheep (including lamb) boneless cutses decreased by -21.8% to 924 kg, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 402%. As a result, the exports attained the peak of 1.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen sheep (including lamb) boneless cutses contracted markedly to $11K in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 411%. As a result, the exports reached the peak of $23K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Frozen Sheep (Including Lamb) Boneless Cuts in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones1.622.8N/AN/A1325.0%
Oman2.7N/AN/AN/A0%
Others0.2N/A13.110.7276.8%
Total4.522.813.110.733.5%

Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Bahrain in 2022:

    Source: IndexBox Market Intelligence Platform

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