Price for Sheep and Goats; Live in Bahrain - 2022

Contents:

1. Price for Sheep and Goats; Live in Bahrain (CIF) - 2022
2. Price for Sheep and Goats; Live in Bahrain (FOB) - 2022
3. Imports of Sheep and Goats; Live in Bahrain
4. Exports of Sheep and Goats; Live in Bahrain

Price for Sheep and Goats; Live in Bahrain (CIF) - 2022

In 2022, the average sheep and goats; live import price amounted to $65 per unit, which is down by -2.2% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 35%. Over the period under review, average import prices reached the maximum at $176 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($84 per unit) and Jordan ($80 per unit), while the price for Somalia ($58 per unit) and Oman ($68 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sheep and Goats; Live in Bahrain (FOB) - 2022

The average sheep and goats; live export price stood at $194 per unit in 2022, falling by -2.6% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 58% against the previous year. The export price peaked at $199 per unit in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($206 per unit), while the average price for exports to Qatar ($8.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sheep and Goats; Live in Bahrain

For the fourth year in a row, Bahrain recorded growth in supplies from abroad of sheep and goats; live, which increased by 6.5% to 182K units in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sheep and goats; live imports stood at $12M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Sheep and Goats; Live to Bahrain in 2022:

1. Somalia (109.3K units)
2. Oman (53.6K units)
3. Jordan (11.6K units)
4. United Arab Emirates (4.0K units)

Exports of Sheep and Goats; Live in Bahrain

After three years of growth, overseas shipments of sheep and goats; live decreased by -3.5% to 7.4K units in 2022. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports attained the peak of 7.7K units, and then dropped slightly in the following year.

In value terms, sheep and goats; live exports shrank to $1.4M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $1.5M, and then contracted in the following year.

Top Export Markets for Sheep and Goats; Live from Bahrain in 2022:

1. Kuwait (6.8K units)
2. Saudi Arabia (0.4K units)
3. Qatar (0.2K units)

Source: IndexBox Market Intelligence Platform