Bahrain: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in Bahrain

The Bahraini frozen chicken cut market expanded notably to $X in 2022, growing by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Frozen chicken cut consumption peaked in 2022 and is likely to see steady growth in years to come.

Frozen Chicken Cut Exports

Exports from Bahrain

In 2022, frozen chicken cut exports from Bahrain soared to X tons, jumping by 181% compared with the previous year. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 305%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, frozen chicken cut exports surged to $X in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 with an increase of 250%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for frozen chicken cut exports from Bahrain, accounting for a 64% share of total exports. Moreover, frozen chicken cut exports to Saudi Arabia exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was taken by Oman (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+65.6% per year) and Oman (+47.9% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for frozen cuts of chicken exports from Bahrain, comprising 65% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Oman, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at +61.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+68.8% per year) and Oman (+34.8% per year).

Export Prices by Country

In 2022, the average frozen chicken cut export price amounted to $X per ton, growing by 14% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 139%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X 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 the Philippines (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Chicken Cut Imports

Imports into Bahrain

In 2022, the amount of frozen cuts of chicken imported into Bahrain declined modestly to X tons, falling by -3% against the previous year. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, frozen chicken cut imports surged to $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Brazil (X tons), China (X tons) and the United States (X tons) were the main suppliers of frozen chicken cut imports to Bahrain, together comprising 91% of total imports. Thailand and Ukraine lagged somewhat behind, together comprising a further 6.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +51.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen chicken cut suppliers to Bahrain were Brazil ($X), China ($X) and the United States ($X), with a combined 88% share of total imports. Thailand and Ukraine lagged somewhat behind, together accounting for a further 7.9%.

Among the main suppliers, Ukraine, with a CAGR of +61.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen chicken cut import price stood at $X per ton in 2022, increasing by 23% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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