Bahrain: Animal Guts Market 2024

Animal Guts Market Size in Bahrain

The Bahraini animal guts market contracted modestly to $X in 2022, with a decrease of -4.5% against the previous year. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.0% against 2020 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Animal Guts Production in Bahrain

In value terms, animal guts production dropped modestly to $X in 2022 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 86%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Animal Guts Exports

Exports from Bahrain

In 2022, after six years of growth, there was decline in shipments abroad of guts, bladders and stomachs of animals, when their volume decreased by -4.1% to X tons. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 2,019%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, animal guts exports declined to $X in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,996% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for animal guts exports from Bahrain, with a 95% share of total exports. Moreover, animal guts exports to Egypt exceeded the volume sent to the second major destination, Lebanon (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt totaled +45.6%.

In value terms, Egypt ($X) remains the key foreign market for guts, bladders and stomachs of animals exports from Bahrain, comprising 95% of total exports. The second position in the ranking was held by Lebanon ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Egypt stood at +49.9%.

Export Prices by Country

The average animal guts export price stood at $X per ton in 2022, with an increase of 2.1% against the previous year. In general, the export price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Lebanon stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Guts Imports

Imports into Bahrain

After two years of growth, supplies from abroad of guts, bladders and stomachs of animals decreased by -72.1% to X tons in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 121% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, animal guts imports declined remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 154%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of animal guts to Bahrain, accounting for a 74% share of total imports. Moreover, animal guts imports from New Zealand exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold. The third position in this ranking was taken by Poland (X kg), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand amounted to +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-24.1% per year) and Poland (0.0% per year).

In value terms, New Zealand ($X) constituted the largest supplier of guts, bladders and stomachs of animals to Bahrain, comprising 69% of total imports. The second position in the ranking was held by Brazil ($X), with a 17% share of total imports. It was followed by Poland, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand amounted to +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-20.5% per year) and Poland (0.0% per year).

Import Prices by Country

In 2022, the average animal guts import price amounted to $X per ton, surging by 17% against the previous year. In general, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 67%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform