Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain (CIF) - 2022

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $15,826 per ton in 2022, dropping by -70% against the previous year. Over the period under review, the import price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2013 an increase of 58%. Over the period under review, average import prices hit record highs at $52,797 per ton in 2021, and then reduced dramatically in the following year.

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 China ($17,462 per ton), while the price for Oman totaled $3,282 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain

In 2022, after two years of decline, there was significant growth in supplies from abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, when their volume increased by 206% to 4.9 tons. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s shrank to $78K in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 26%.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.40.74.876.3475.6%
Oman4.83.03.51.9-26.6%
New Zealand23.046.031.1N/A16.3%
Canada17.015.927.4N/A27.0%
Others11.35.218.6N/A28.3%
Total56.470.985.378.211.5%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Bahrain in 2022:

  1. China (4.4 tons)
  2. Oman (0.6 tons)

Source: IndexBox Market Intelligence Platform

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