Bahrain: Chicken Egg Market 2024

Chicken Egg Market Size in Bahrain

In 2022, the Bahraini chicken egg market increased by 19% to $X, rising for the third consecutive year after two years of decline. In general, consumption saw a prominent expansion. Chicken egg consumption peaked in 2022 and is expected to retain growth in the near future.

Chicken Egg Production in Bahrain

In value terms, chicken egg production expanded modestly to $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 106,075%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Chicken Egg Exports

Exports from Bahrain

In 2022, approx. X tons of chicken eggs were exported from Bahrain; falling by -22.2% against the previous year. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2014 when exports increased by 2,944% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, chicken egg exports reduced to $X in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 4,319% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for chicken egg exports from Bahrain, accounting for a 70% share of total exports. Moreover, chicken egg exports to the United States exceeded the volume sent to the second major destination, Free Zones (X kg), twofold.

From 2013 to 2022, the average annual growth rate of volume to the United States totaled +38.3%.

In value terms, the United States ($X) remains the key foreign market for chicken eggs exports from Bahrain, comprising 98% of total exports. The second position in the ranking was taken by Free Zones ($X), with a 1.8% share of total exports.

From 2013 to 2022, the average annual growth rate of value to the United States totaled +65.6%.

Export Prices by Country

In 2022, the average chicken egg export price amounted to $X per ton, picking up by 11% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 63%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Free Zones totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.8%), while the prices for the other major destinations experienced a decline.

Chicken Egg Imports

Imports into Bahrain

In 2022, the amount of chicken eggs imported into Bahrain rose sharply to X tons, growing by 12% on the previous year's figure. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 244% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, chicken egg imports soared to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2013 to 2022: its value increased at an average annual rate of +14.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 122% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons) constituted the largest chicken egg supplier to Bahrain, with a 53% share of total imports. Moreover, chicken egg imports from Turkey exceeded the figures recorded by the second-largest supplier, Jordan (X tons), threefold. The third position in this ranking was held by Kuwait (X tons), with an 18% share.

From 2013 to 2022, the average annual growth rate of volume from Turkey stood at +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+172.9% per year) and Kuwait (+48.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of chicken eggs to Bahrain, comprising 46% of total imports. The second position in the ranking was taken by Jordan ($X), with a 19% share of total imports. It was followed by Kuwait, with a 19% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Turkey stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+183.4% per year) and Kuwait (+44.1% per year).

Import Prices by Country

The average chicken egg import price stood at $X per ton in 2022, with an increase of 8.5% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform