Bovine Animals; Live Price in Bahrain - 2022

Bovine Animals; Live Price in Bahrain (CIF) - 2022

In 2022, the average bovine animals; live import price amounted to $441 per unit, jumping by 17% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 31%. As a result, import price attained the peak level of $664 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Somalia ($489 per unit), while the price for the United Arab Emirates ($301 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Bovine Animals; Live Price in Bahrain (FOB) - 2022

In 2022, the average bovine animals; live export price amounted to $85 per unit, increasing by 610% against the previous year. Over the period under review, the export price, however, recorded a precipitous decline. The export price peaked at $2,041 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($251 per unit), while the average price for exports to Oman totaled $67 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+40.3%), while the prices for the other major destinations experienced mixed trend patterns.

Bovine Animals; Live Imports in Bahrain

In 2022, approx. 8.3K units of bovine animals; lives were imported into Bahrain; with an increase of 13% on the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, bovine animals; live imports surged to $3.7M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% 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 +89.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bovine Animals; Live in Bahrain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Somalia	845	1,106	898	1,575	23.1%
Oman	565	661	1,075	1,524	39.2%
United Arab Emirates	169	217	412	579	50.8%
Djibouti	12.0	14.4	12.5	N/A	2.1%
Pakistan	93.8	81.7	32.5	N/A	-41.1%
Others	252	282	355	N/A	18.7%
Total	1,937	2,362	2,785	3,678	23.8%

Top Suppliers of Bovine Animals; Live to Bahrain in 2022:

Oman (3.2K units)
Somalia (3.2K units)
United Arab Emirates (1.9K units)

Bovine Animals; Live Exports in Bahrain

In 2022, approx. 110 units of bovine animals; lives were exported from Bahrain; declining by -93% against the previous year. In general, exports showed a precipitous contraction. Over the period under review, the exports hit record highs at 1.6K units in 2021, and then declined rapidly in the following year.

In value terms, bovine animals; live exports shrank significantly to $9.4K in 2022. Over the period under review, exports faced a dramatic slump. The exports peaked at $19K in 2021, and then fell dramatically in the following year.