Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain - 2022

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (FOB) - 2022
  2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (CIF) - 2022
  3. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain
  4. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (FOB) - 2022

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $5,983 per ton in 2021, rising by 78% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($173,918 per ton), while the average price for exports to Jordan amounted to $3,772 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+71.9%).

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $9,907 per ton, reducing by -3% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. Over the period under review, average import prices hit record highs at $17,006 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 UK ($21,457 per ton), while the price for China ($5,590 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 Arab Emirates (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain

In 2021, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine exported from Bahrain surged to 12 tons, picking up by 25% compared with the year before. The total export volume increased at an average annual rate of +24.6% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $73K in 2021. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Jordan12.345.3268.3%
Iraq20.5N/A0%
OthersN/A27.50%
Total32.872.7121.6%

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Bahrain in 2022:

  1. Jordan (12.0 tons)

Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain

Imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into Bahrain rose rapidly to 2.3 tons in 2022, picking up by 12% compared with 2021 figures. In general, imports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine expanded notably to $22K in 2022. Over the period under review, imports, however, continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 163% against the previous year.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom19.11.91.610.3-18.6%
United Arab Emirates2.70.71.85.829.0%
China12.01.63.15.6-22.4%
Japan5.2N/A2.50.7-48.7%
Spain12.22.58.0N/A-19.0%
France4.50.92.5N/A-25.5%
Others1.70.21.1N/A-19.6%
Total57.47.820.622.4-26.9%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Bahrain in 2022:

  1. China (1000.0 kg)
  2. United Arab Emirates (750.0 kg)
  3. United Kingdom (479.0 kg)
  4. Japan (28.0 kg)

Source: IndexBox Market Intelligence Platform

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