Price for Cereals; Millet, Other than Seed in Bahrain - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Bahrain (CIF) - 2022
- Imports of Cereals; Millet, Other than Seed in Bahrain
Price for Cereals; Millet, Other than Seed in Bahrain (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $468 per ton, jumping by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2014 an increase of 23%. The import price peaked at $492 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 Turkey ($768 per ton), while the price for Pakistan ($202 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Millet, Other than Seed in Bahrain
In 2022, supplies from abroad of cereals; millet, other than seeds increased by 94% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, other than seed imports soared to $502K in 2022. Over the period under review, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Millet, Other than Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 161 | 135 | 68.1 | 316 | 25.2% |
| Russia | 38.2 | 15.2 | 60.0 | 93.8 | 34.9% |
| Ukraine | 77.0 | 80.4 | 41.3 | 25.7 | -30.6% |
| Pakistan | 40.9 | 16.5 | 10.8 | 20.2 | -21.0% |
| Turkey | 1.3 | 0.5 | 1.0 | 15.4 | 128.0% |
| Others | 56.8 | 61.9 | 35.4 | 30.1 | -19.1% |
| Total | 375 | 309 | 217 | 502 | 10.2% |
Top Suppliers of Cereals; Millet, Other than Seed to Bahrain in 2022:
- India (706.7 tons)
- Russia (181.4 tons)
- Pakistan (99.8 tons)
- Ukraine (47.8 tons)
- Turkey (20.0 tons)
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