Bahrain: Poultry Market 2024

Poultry Market Size in Bahrain

The Bahraini poultry market skyrocketed to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Poultry Production in Bahrain

In value terms, poultry production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Poultry production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average poultry yield in Bahrain dropped to X kg per X heads, falling by X% compared with 2021 figures. In general, the yield saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the average poultry yield hit record highs at X kg per head in 2012; however, from 2013 to 2022, the yield remained at a lower figure.

In 2022, approx. X heads of animals slaughtered for poultry production in Bahrain; approximately mirroring 2021 figures. Over the period under review, the number of producing animals recorded prominent growth. The pace of growth appeared the most rapid in 2014 when the number of producing animals increased by X%. Over the period under review, this number attained the peak level at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Poultry Exports

Exports from Bahrain

After two years of growth, shipments abroad of poultry decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, poultry exports reduced dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell significantly in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for poultry exports from Bahrain, accounting for a X% share of total exports. Moreover, poultry exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. The third position in this ranking was taken by Jordan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Jordan (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for poultry exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with an X% share of total exports. It was followed by Jordan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Jordan (X% per year).

Export Prices by Country

The average poultry export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price showed slight growth. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Iraq ($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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Bahrain

In 2022, imports of poultry into Bahrain stood at X tons, increasing by X% on the year before. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, poultry imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of poultry to Bahrain, accounting for a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and China (X% per year).

In value terms, the largest poultry suppliers to Bahrain were Brazil ($X), Saudi Arabia ($X) and China ($X), with a combined X% share of total imports. The United States, Russia, Thailand and Poland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Russia, with a CAGR of X%, 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

In 2022, the average poultry import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Saudi Arabia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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