Bahrain: Preserved Beef Market 2024

Preserved Beef Market Size in Bahrain

The Bahraini preserved beef market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption showed a buoyant increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Preserved Beef Production in Bahrain

In value terms, preserved beef production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Preserved beef production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Preserved Beef Exports

Exports from Bahrain

In 2022, overseas shipments of beef and veal (salted, in brine, dried or smoked) increased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp setback. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, preserved beef exports surged to $X in 2022. Overall, exports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Jordan (X kg) was the main destination for preserved beef exports from Bahrain, accounting for a X% share of total exports. Moreover, preserved beef exports to Jordan exceeded the volume sent to the second major destination, Niger (X kg), threefold. The third position in this ranking was taken by Saudi Arabia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Jordan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Saudi Arabia (X% per year).

In value terms, Jordan ($X) emerged as the key foreign market for beef and veal (salted, in brine, dried or smoked) exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports. It was followed by Oman, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Jordan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average preserved beef export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price posted a perceptible expansion. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Niger ($X per ton), while the average price for exports to Saudi Arabia ($X 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 Kuwait (X%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Beef Imports

Imports into Bahrain

In 2022, overseas purchases of beef and veal (salted, in brine, dried or smoked) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a slight setback. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, preserved beef imports surged to $X in 2022. Over the period under review, imports enjoyed prominent growth. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of preserved beef to Bahrain, accounting for a X% share of total imports. Moreover, preserved beef imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of beef and veal (salted, in brine, dried or smoked) to Bahrain, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%.

Import Prices by Country

The average preserved beef import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 United Arab Emirates ($X per ton), while the price for Turkey stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :