Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (CIF) - 2022
The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $4,807 per ton in 2022, growing by 14% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. The import price peaked at $5,251 per ton in 2018; however, from 2019 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 the UK ($8,681 per ton), while the price for Denmark ($2,941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $5,565 per ton in 2022, increasing by 12% against the previous year. In general, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $8,590 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($6,208 per ton), while the average price for exports to the United Arab Emirates ($3,383 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 Yemen (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain
In 2022, imports of cheese, other than blue-veined, grated, powdered or processed into Bahrain expanded sharply to 12K tons, increasing by 12% against the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 74% against the previous year. As a result, imports reached the peak of 13K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed surged to $59M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 8.9 | 31.0 | 1.4 | 14.4 | 17.4% |
| United States | 4.0 | 4.8 | 2.4 | 13.0 | 48.1% |
| New Zealand | 11.9 | 1.4 | 28.0 | 8.8 | -9.6% |
| Denmark | 2.0 | 2.5 | 1.2 | 6.5 | 48.1% |
| Saudi Arabia | 1.5 | 4.2 | 4.8 | 4.2 | 40.9% |
| Turkey | 0.4 | 0.5 | 0.9 | 2.3 | 79.2% |
| India | 0.4 | 0.6 | 0.4 | 2.1 | 73.8% |
| United Kingdom | 1.0 | 1.7 | 1.3 | 1.3 | 9.1% |
| Australia | 2.4 | 1.6 | 0.5 | 0.5 | -40.7% |
| Others | 4.0 | 8.1 | 5.8 | 6.3 | 16.3% |
| Total | 36.5 | 56.5 | 46.7 | 59.4 | 17.6% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Bahrain in 2022:
- Ireland (2.9K tons)
- United States (2.5K tons)
- Denmark (2.2K tons)
- New Zealand (1.9K tons)
- Saudi Arabia (0.8K tons)
- Turkey (0.4K tons)
- India (0.4K tons)
- United Kingdom (0.2K tons)
- Australia (0.1K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain
For the third year in a row, Bahrain recorded decline in overseas shipments of cheese, other than blue-veined, grated, powdered or processed, which decreased by -77.1% to 47 tons in 2022. Over the period under review, exports showed a dramatic decrease. The smallest decline of -34.8% was in 2020.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed fell notably to $262K in 2022. Overall, exports faced a sharp descent. The smallest decline of -39% was in 2020.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 686 | 1,694 | 592 | 179 | -36.1% |
| Kuwait | 210 | 508 | 0.8 | 23.8 | -51.6% |
| United Arab Emirates | 102 | 89.9 | 381 | 14.8 | -47.5% |
| Oman | 629 | 110 | 10.0 | 5.9 | -78.9% |
| Yemen | 1,010 | N/A | N/A | N/A | 0% |
| Djibouti | N/A | 1,293 | N/A | N/A | 0% |
| United States | 465 | 582 | 0.2 | N/A | -97.9% |
| Libya | 613 | N/A | N/A | N/A | 0% |
| Iraq | 2,785 | 620 | N/A | N/A | -77.7% |
| Mauritius | 5,096 | 2,330 | N/A | N/A | -54.3% |
| Others | 313 | 41.2 | 36.0 | 37.8 | -50.6% |
| Total | 11,910 | 7,267 | 1,020 | 262 | -72.0% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Bahrain in 2022:
- Saudi Arabia (33.4 tons)
- United Arab Emirates (4.4 tons)
- Kuwait (4.1 tons)
- Oman (0.9 tons)
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