Castor Oil Seed Price in Bahrain - 2022
Contents:
Castor Oil Seed Price in Bahrain (CIF) - 2022
The average castor oil seed import price stood at $2,652 per ton in 2022, rising by 24% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $3,003 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.7% per year.
Castor Oil Seed Imports in Bahrain
In 2022, the amount of castor oil seed imported into Bahrain skyrocketed to 380 tons, jumping by 802% on 2021. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, castor oil seed imports surged to $1M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Castor Oil Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.3 | 128 | 47.4 | 999 | 240.5% |
| United Kingdom | 28.1 | 36.2 | 23.5 | N/A | -8.6% |
| Others | 8.2 | 20.7 | 18.9 | 8.1 | -0.4% |
| Total | 61.6 | 185 | 89.8 | 1,007 | 153.8% |
Top Suppliers of Castor Oil Seed to Bahrain in 2022:
- India (378.7 tons)
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