Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Bahrain - 2022

Contents:

  1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (CIF) - 2022
  2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (FOB) - 2022
  3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain
  4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $17,864 per ton, dropping by -10.5% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses decreased by -37.1% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 30% against the previous year. The import price peaked at $28,398 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($58,564 per ton), while the price for Thailand ($6,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $2,886 per ton, falling by -55.6% against the previous year. Overall, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 19%. As a result, the export price reached the peak level of $9,560 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,228 per ton), while the average price for exports to Kuwait ($1,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+19.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain

In 2022, supplies from abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses was finally on the rise to reach 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decline.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $267K in 2022. In general, imports, however, saw a deep setback.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.79.41.423988.5%
India18287.031.915.4-56.1%
Philippines41.12.22.13.9-54.4%
Spain24.26.50.42.3-54.4%
Thailand7.00.50.41.7-37.6%
United Arab Emirates39.138.231.3N/A-10.5%
Others59.215.87.34.0-59.3%
Total38915974.9267-11.8%

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Bahrain in 2022:

  1. China (13.0 tons)
  2. India (0.9 tons)
  3. Philippines (0.6 tons)
  4. Thailand (0.3 tons)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain

In 2022, after two years of decline, there was significant growth in overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, when their volume increased by 92% to 6.8 tons. Over the period under review, exports posted a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank to $20K in 2022. Overall, exports, however, continue to indicate a significant contraction.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia10.614.03.69.8-2.6%
United Arab Emirates37.823.217.15.4-47.7%
Kuwait3.70.72.34.56.7%
OthersN/AN/AN/AN/A0%
Total52.238.023.019.6-27.9%

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Bahrain in 2022:

  1. Kuwait (3.4 tons)
  2. Saudi Arabia (2.3 tons)
  3. United Arab Emirates (1.0 tons)

Source: IndexBox Market Intelligence Platform

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