Price for Animal Products; Bovine Semen in Bahrain - 2022
Contents:
- Price for Animal Products; Bovine Semen in Bahrain (CIF) - 2022
- Price for Animal Products; Bovine Semen in Bahrain (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Bahrain
- Exports of Animal Products; Bovine Semen in Bahrain
Price for Animal Products; Bovine Semen in Bahrain (CIF) - 2022
The average animal products; bovine semen import price stood at $424 per unit in 2022, jumping by 141% against the previous year. Overall, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.7% per year.
Price for Animal Products; Bovine Semen in Bahrain (FOB) - 2022
The average animal products; bovine semen export price stood at $1,308 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the maximum at $3,077 per unit in 2019; however, from 2020 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 Kuwait.
From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to -0.2% per year.
Imports of Animal Products; Bovine Semen in Bahrain
After three years of growth, purchases abroad of animal products; bovine semens decreased by -65% to 7 units in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 567% against the previous year. As a result, imports reached the peak of 20 units, and then reduced dramatically in the following year.
In value terms, animal products; bovine semen imports contracted rapidly to $3K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,216%. As a result, imports attained the peak of $3.5K, and then dropped sharply in the following year.
| Import of Animal Products; Bovine Semen in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 443 | 225 | 2,678 | 2,968 | 88.5% |
| Italy | 79.0 | 16.0 | 600 | N/A | 175.6% |
| Belgium | 64.0 | 26.0 | 237 | N/A | 92.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 586 | 267 | 3,515 | 2,968 | 71.7% |
Top Suppliers of Animal Products; Bovine Semen to Bahrain in 2022:
- United States (7.0 units)
Exports of Animal Products; Bovine Semen in Bahrain
In 2022, the amount of animal products; bovine semens exported from Bahrain shrank dramatically to 10 units, waning by -28.6% on the year before. Overall, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 180% against the previous year. Over the period under review, the exports reached the maximum at 25 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, animal products; bovine semen exports fell dramatically to $13K in 2022. Over the period under review, exports saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 128% against the previous year. Over the period under review, the exports hit record highs at $77K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Animal Products; Bovine Semen in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 4.8 | 8.0 | 18.2 | 13.1 | 39.7% |
| Canada | 72.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 76.9 | 8.0 | 18.2 | 13.1 | -44.6% |
Top Export Markets for Animal Products; Bovine Semen from Bahrain in 2022:
- Kuwait (10.0 units)
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