Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain - 2022

Contents:

  1. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (FOB) - 2022
  2. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (CIF) - 2022
  3. Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain
  4. Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (FOB) - 2022

The average export price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $1,136 per ton in 2022, falling by -5.8% against the previous year. Over the period under review, the export price, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 39%. The export price peaked at $1,207 per ton in 2021, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,357 per ton), while the average price for exports to Malaysia totaled $1,093 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $3,071 per ton, growing by 232% against the previous year. Overall, the import price continues to indicate a prominent increase. Over the period under review, average import prices hit record highs at $9,095 per ton in 2016; however, from 2017 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 Thailand.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +2.0% per year.

Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain

In 2022, shipments abroad of aquatic invertebrates; jellyfish, prepared or preserveds decreased by -56.3% to 2.9K tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 217%. As a result, the exports attained the peak of 6.6K tons, and then dropped dramatically in the following year.

In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds reduced markedly to $3.3M in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 291% against the previous year. As a result, the exports attained the peak of $8M, and then contracted notably in the following year.

Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Malaysia0.75.12.692.7%
South KoreaN/AN/A0.60%
Vietnam1.42.8N/A100.0%
OthersN/AN/AN/A0%
Total2.08.03.328.5%

Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from Bahrain in 2022:

  1. Malaysia (2417.5 tons)
  2. South Korea (469.7 tons)

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain

In 2022, imports of aquatic invertebrates; jellyfish, prepared or preserveds into Bahrain reduced notably to 112 kg, waning by -88.4% compared with the previous year's figure. In general, imports saw a dramatic descent.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds shrank significantly to $344 in 2022. Over the period under review, imports showed a dramatic setback.

Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Bahrain (USD)
COUNTRY20212022CAGR,
2021-2022
Thailand103344234.0%
China789N/A0%
OthersN/AN/A0%
Total892344-61.4%

Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to Bahrain in 2022:

  1. Thailand (112.0 kg)

Source: IndexBox Market Intelligence Platform

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