Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain - 2022

Contents:

  1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (CIF) - 2022
  2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (FOB) - 2022
  3. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain
  4. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (CIF) - 2022

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $18,403 per ton in 2022, jumping by 17% against the previous year. In general, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2014 an increase of 27% against the previous year. As a result, import price attained the peak level of $26,883 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($26,333 per ton), while the price for the United Arab Emirates ($9,824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.7%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (FOB) - 2022

The average export price for mollusc preparations; octopus, prepared or preserveds stood at $17,473 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $37,375 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2019 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -22.8% per year.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain

In 2022, the amount of mollusc preparations; octopus, prepared or preserveds imported into Bahrain soared to 7.2 tons, picking up by 110% on the year before. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $133K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain14.38.714.177.675.7%
PortugalN/A6.518.214.348.3%
Japan2.92.14.212.261.4%
China4.33.20.911.036.8%
United Kingdom6.93.63.79.611.6%
United Arab Emirates1.11.82.13.242.8%
Saudi ArabiaN/AN/A4.9N/A0%
Others6.13.26.25.1-5.8%
Total35.729.254.313355.0%

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Bahrain in 2022:

  1. Spain (4.3 tons)
  2. Portugal (0.9 tons)
  3. United Kingdom (0.5 tons)
  4. China (0.5 tons)
  5. Japan (0.5 tons)
  6. United Arab Emirates (0.3 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain

In 2022, after two years of decline, there was decline in overseas shipments of mollusc preparations; octopus, prepared or preserveds, when their volume decreased by 0% to 112 kg. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds amounted to $2K in 2022. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Octopus, Prepared or Preserved in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia76.0N/AN/A1,957195.3%
Free Zones223N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total299N/AN/A1,95787.1%

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Bahrain in 2022:

  1. Saudi Arabia (112.0 kg)

Source: IndexBox Market Intelligence Platform

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