Sheep; Live Price in Bahrain - 2022
Contents:
Sheep; Live Price in Bahrain (CIF) - 2022
The average sheep; live import price stood at $66 per unit in 2022, with a decrease of -23% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 74% against the previous year. The import price peaked at $178 per unit 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 Saudi Arabia ($347 per unit), while the price for Somalia ($60 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Sheep; Live Imports in Bahrain
In 2022, imports of sheep; live into Bahrain soared to 152K units, with an increase of 133% against 2021 figures. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sheep; live imports soared to $10M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sheep; Live in Bahrain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Somalia | 2.5 | 3.6 | 3.1 | 5.3 | 28.5% |
Oman | N/A | N/A | 0.2 | 3.0 | 1400.0% |
Jordan | 4.2 | 4.7 | 1.9 | 0.9 | -40.2% |
United Arab Emirates | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Others | 1.1 | 1.1 | 0.3 | 0.4 | -28.6% |
Total | 7.8 | 9.5 | 5.6 | 10.1 | 9.0% |
Top Suppliers of Sheep; Live to Bahrain in 2022:
- Somalia (88.7K units)
- Oman (45.5K units)
- Jordan (11.6K units)
- United Arab Emirates (4.0K units)
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