Bahrain: Cereal Market 2024

Cereal Market Size in Bahrain

The Bahraini cereal market skyrocketed to $X in 2022, picking up 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 in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cereal Production in Bahrain

In value terms, cereal production amounted to less than $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume decreased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

In 2022, the average cereal yield in Bahrain stood at less than X kg per ha, remaining stable against the year before. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cereals were harvested in Bahrain; therefore, remained relatively stable against 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Cereal Exports

Exports from Bahrain

In 2022, approx. X tons of cereals were exported from Bahrain; with an increase of X% on the previous year. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cereal exports skyrocketed to $X in 2022. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons) was the main destination for cereal exports from Bahrain, accounting for a X% share of total exports. Moreover, cereal exports to Pakistan exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. The third position in this ranking was held by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and South Africa (X% per year).

In value terms, Pakistan ($X), Saudi Arabia ($X) and South Africa ($X) constituted the largest markets for cereal exported from Bahrain worldwide, together comprising X% of total exports. These countries were followed by Niger, which accounted for a further X%.

Niger, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cereal export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

Cereal Imports

Imports into Bahrain

In 2022, imports of cereals into Bahrain skyrocketed to X tons, with an increase of X% compared with 2021 figures. In general, total imports indicated a pronounced expansion 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 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, cereal imports soared to $X in 2022. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of cereal to Bahrain, with a X% share of total imports. Moreover, cereal imports from Australia exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), tenfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and India (X% per year).

In value terms, Australia ($X) constituted the largest supplier of cereals to Bahrain, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price 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, cereal import price increased by X% against 2017 indices. As a result, import price reached 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 Poland ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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