Price for Frozen Lamb Carcasses and Half-Carcasses in Bahrain - 2022

Contents:

1. Price for Frozen Lamb Carcasses and Half-Carcasses in Bahrain (CIF) - 2022
2. Price for Frozen Lamb Carcasses and Half-Carcasses in Bahrain (FOB) - 2022
3. Imports of Frozen Lamb Carcasses and Half-Carcasses in Bahrain
4. Exports of Frozen Lamb Carcasses and Half-Carcasses in Bahrain

Price for Frozen Lamb Carcasses and Half-Carcasses in Bahrain (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $5,123 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2017 an increase of 39%. Over the period under review, average import prices attained the peak figure at $5,513 per ton in 2014; however, from 2015 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 Australia ($7,151 per ton), while the price for Moldova ($2,576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Lamb Carcasses and Half-Carcasses in Bahrain (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $3,648 per ton, almost unchanged from the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 41%. The export price peaked at $13,460 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2022, the rate of growth in terms of prices for Free Zones amounted to +0.8% per year.

Imports of Frozen Lamb Carcasses and Half-Carcasses in Bahrain

In 2022, the amount of frozen lamb carcasses and half-carcasseses imported into Bahrain was estimated at 468 tons, therefore, remained relatively stable against the previous year. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 227% against the previous year. As a result, imports attained the peak of 914 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen lamb carcasses and half-carcasses imports totaled $2.4M in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 226%. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Bahrain in 2022:

1. Somalia (112.1 tons)
2. Kenya (94.6 tons)
3. Australia (74.0 tons)
4. Tanzania (68.1 tons)
5. Romania (52.9 tons)
6. Uruguay (44.3 tons)
7. Moldova (12.5 tons)

Exports of Frozen Lamb Carcasses and Half-Carcasses in Bahrain

Frozen lamb carcasses and half-carcasses exports from Bahrain totaled 142 kg in 2022, approximately reflecting 2021. In general, exports continue to indicate a sharp decrease. The smallest decline of -26.2% was in 2020.

In value terms, frozen lamb carcasses and half-carcasses exports stood at $518 in 2022. Overall, exports continue to indicate a dramatic decrease. The smallest decline of -75.8% was in 2020.

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from Bahrain in 2022:

1. Saudi Arabia (142.0 kg)

Source: IndexBox Market Intelligence Platform