Bahrain - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBahrain: Linseed Oil Market 2024
Linseed Oil Market Size in Bahrain
After two years of decline, the Bahraini linseed oil market increased by 53% to $X in 2022. Overall, consumption showed a abrupt descent. Linseed oil consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Linseed Oil Production in Bahrain
In value terms, linseed oil production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. Linseed oil production peaked in 2022 and is likely to see gradual growth in years to come.
Linseed Oil Exports
Exports from Bahrain
In 2022, approx. X tons of linseed oil were exported from Bahrain; increasing by 61% on the previous year's figure. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 22,283%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, linseed oil exports surged to $X in 2022. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 908% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Exports by Country
The United Arab Emirates (X kg) was the main destination for linseed oil exports from Bahrain, accounting for a 32% share of total exports. Moreover, linseed oil exports to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X kg), threefold.
From 2014 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +252.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+1,226.1% per year) and Jordan (0.0% per year).
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for linseed oil exports from Bahrain, comprising 49% of total exports. The second position in the ranking was held by Oman ($X), with a 14% share of total exports.
From 2014 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +358.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+739.0% per year) and Jordan (0.0% per year).
Export Prices by Country
In 2022, the average linseed oil export price amounted to $X per ton, jumping by 38% against the previous year. Overall, the export price posted noticeable growth. The most prominent rate of growth was recorded in 2018 an increase of 3,675%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+30.0%), while the prices for the other major destinations experienced mixed trend patterns.
Linseed Oil Imports
Imports into Bahrain
For the third year in a row, Bahrain recorded decline in supplies from abroad of linseed oil, which decreased by -98.1% to X kg in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2019 with an increase of 246%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, linseed oil imports shrank sharply to $X in 2022. Overall, imports recorded a sharp decline. The growth pace was the most rapid in 2019 when imports increased by 160%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.
Imports by Country
Canada (X kg), the United States (X kg) and India (X kg) were the main suppliers of linseed oil imports to Bahrain, with a combined 54% share of total imports.
From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +24.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest linseed oil suppliers to Bahrain were the United States ($X), India ($X) and Canada ($X), together accounting for 65% of total imports.
India, with a CAGR of +48.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average linseed oil import price stood at $X per ton in 2022, picking up by 845% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the linseed oil market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 334 - Oil of Linseed
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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