Crispbread Price in Bahrain - 2022
Contents:
- Crispbread Price in Bahrain (CIF) - 2022
- Crispbread Price in Bahrain (FOB) - 2022
- Crispbread Imports in Bahrain
- Crispbread Exports in Bahrain
Crispbread Price in Bahrain (CIF) - 2022
In 2022, the average crispbread import price amounted to $3,378 per ton, increasing by 24% against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43% against the previous year. The import price peaked at $3,966 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 UK ($8,493 per ton), while the price for the United States ($2,353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Crispbread Price in Bahrain (FOB) - 2022
The average crispbread export price stood at $7,142 per ton in 2022, falling by -12.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread export price decreased by -27.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66% against the previous year. The export price peaked at $9,801 per ton in 2020; however, from 2021 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 Oman ($34,971 per ton), while the average price for exports to Saudi Arabia stood at $13,403 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+42.4%), while the prices for the other major destinations experienced mixed trend patterns.
Crispbread Imports in Bahrain
After three years of growth, overseas purchases of crispbread decreased by -14.9% to 91 tons in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year. As a result, imports reached the peak of 107 tons, and then fell in the following year.
In value terms, crispbread imports expanded remarkably to $308K in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Crispbread in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.7 | 36.1 | 124 | 176 | 172.5% |
| United States | 10.1 | 8.3 | 25.0 | 30.9 | 45.2% |
| Philippines | 2.4 | 3.5 | 27.9 | 17.1 | 92.4% |
| United Kingdom | 32.8 | 54.8 | 29.4 | 16.1 | -21.1% |
| Indonesia | 11.7 | 11.5 | 13.4 | 12.1 | 1.1% |
| Italy | 12.9 | 6.7 | 4.2 | 5.9 | -23.0% |
| Iran | N/A | 9.1 | 33.3 | N/A | 265.9% |
| Others | 34.7 | 45.7 | 35.4 | 50.2 | 13.1% |
| Total | 113 | 176 | 293 | 308 | 39.7% |
Top Suppliers of Crispbread to Bahrain in 2022:
- Thailand (63.3 tons)
- United States (13.1 tons)
- Philippines (4.2 tons)
- United Kingdom (1.9 tons)
- Indonesia (1.8 tons)
- Italy (0.6 tons)
Crispbread Exports in Bahrain
Crispbread exports from Bahrain fell notably to 323 kg in 2022, with a decrease of -30.5% compared with the previous year. Over the period under review, exports recorded a significant curtailment.
In value terms, crispbread exports fell remarkably to $2.3K in 2022. In general, exports faced a precipitous setback. The smallest decline of -27.3% was in 2020.
| Export of Crispbread in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 2.7 | 3.4 | 1.2 | 1.2 | -23.7% |
| Saudi Arabia | 13.8 | 8.9 | 2.5 | 1.0 | -58.3% |
| Free Zones | 2.5 | 0.1 | N/A | N/A | -96.0% |
| Kuwait | N/A | 1.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 19.0 | 13.8 | 3.8 | 2.3 | -50.5% |
Top Export Markets for Crispbread from Bahrain in 2022:
- Saudi Arabia (77.0 kg)
- Oman (34.0 kg)
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