Brown Rice Price in Bahrain - 2022
Contents:
- Brown Rice Price in Bahrain (CIF) - 2022
- Brown Rice Price in Bahrain (FOB) - 2022
- Brown Rice Imports in Bahrain
- Brown Rice Exports in Bahrain
Brown Rice Price in Bahrain (CIF) - 2022
In 2022, the average brown rice import price amounted to $1,753 per ton, surging by 6.8% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brown rice import price decreased by -16.2% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 24%. The import price peaked at $2,091 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,430 per ton), while the price for Vietnam ($769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Bahrain (FOB) - 2022
The average brown rice export price stood at $2,037 per ton in 2022, falling by -26.8% against the previous year. Over the period under review, the export price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 an increase of 83% against the previous year. The export price peaked at $2,784 per ton in 2021, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($7,929 per ton), while the average price for exports to Yemen ($689 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+37.5%), while the prices for the other major destinations experienced mixed trend patterns.
Brown Rice Imports in Bahrain
For the third consecutive year, Bahrain recorded decline in purchases abroad of husked (brown) rice, which decreased by -8.2% to 64 tons in 2022. In general, imports showed a sharp reduction.
In value terms, brown rice imports contracted slightly to $112K in 2022. Overall, imports faced a sharp descent.
| Import of Brown Rice in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 233 | 74.2 | 11.2 | 27.0 | -51.2% |
| United States | 71.3 | 16.2 | 17.5 | 19.8 | -34.8% |
| Philippines | 18.5 | N/A | 15.3 | 18.9 | 0.7% |
| Italy | 25.4 | 29.5 | 11.1 | 12.6 | -20.8% |
| Vietnam | N/A | 0.5 | 8.0 | 11.4 | 377.5% |
| Pakistan | 2.1 | 1.5 | 1.9 | 5.5 | 37.8% |
| United Kingdom | 18.3 | 0.7 | 3.3 | 4.8 | -36.0% |
| United Arab Emirates | 10.0 | 24.5 | 2.7 | 2.0 | -41.5% |
| China | 5.6 | 15.7 | 1.4 | 1.9 | -30.3% |
| Australia | 14.5 | 5.0 | 33.2 | 1.6 | -52.0% |
| Sri Lanka | 5.6 | 1.8 | 3.3 | 0.1 | -73.9% |
| Others | 12.9 | 11.2 | 5.5 | 6.7 | -19.6% |
| Total | 418 | 181 | 115 | 112 | -35.5% |
Top Suppliers of Brown Rice to Bahrain in 2022:
- India (18.6 tons)
- Vietnam (14.8 tons)
- Philippines (10.0 tons)
- United States (8.6 tons)
- United Arab Emirates (2.4 tons)
- Pakistan (2.1 tons)
- Italy (2.0 tons)
- Australia (1.1 tons)
- United Kingdom (0.6 tons)
- China (0.3 tons)
- Sri Lanka (0.2 tons)
Brown Rice Exports in Bahrain
Brown rice exports from Bahrain contracted notably to 2.7 tons in 2022, which is down by -42.4% against 2021 figures. In general, exports recorded a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 345% against the previous year.
In value terms, brown rice exports contracted remarkably to $5.5K in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 642%.
| Export of Brown Rice in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 78.0 | N/A | 9.9 | 0.5 | -81.4% |
| Jordan | N/A | N/A | N/A | 0.5 | 0% |
| Oman | 0.5 | N/A | N/A | 0.3 | -15.7% |
| Yemen | 0.7 | 0.2 | N/A | 0.2 | -34.1% |
| Niger | N/A | N/A | N/A | 0.2 | 0% |
| Free Zones | 0.4 | 1.6 | N/A | N/A | 300.0% |
| Others | 0.3 | N/A | 3.2 | 3.8 | 133.1% |
| Total | 79.9 | 1.8 | 13.1 | 5.5 | -59.0% |
Top Export Markets for Brown Rice from Bahrain in 2022:
- Yemen (270.0 kg)
- Saudi Arabia (99.0 kg)
- Jordan (72.0 kg)
- Oman (60.0 kg)
- Niger (28.0 kg)
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