Bahrain: Meat Market 2024

Meat Market Size in Bahrain

The Bahraini meat market expanded significantly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Meat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Meat Production in Bahrain

In value terms, meat production reached $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of meat in Bahrain amounted to X kg per head, remaining stable against 2021. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X%. As a result, the yield attained the peak level of X kg per head. From 2019 to 2022, the growth of the average meat yield remained at a somewhat lower figure.

In 2022, number of animals slaughtered for meat production in Bahrain reduced modestly to X heads, approximately mirroring 2021 figures. Over the period under review, the total number of producing animals indicated a notable increase from 2012 to 2022: its figure 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, number of animals slaughtered for meat production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the number of producing animals increased by X%. As a result, the amount of producing animals reached the peak level of X heads. From 2018 to 2022, the growth of this number remained at a lower figure.

Meat Exports

Exports from Bahrain

In 2022, approx. X tons of meat were exported from Bahrain; with a decrease of X% against the year before. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat exports shrank notably to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Iraq (X tons) and Kuwait (X tons) were the main destinations of meat exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for meat exported from Bahrain were India ($X), Kuwait ($X) and Iraq ($X), with a combined X% share of total exports.

Among the main countries of destination, Kuwait, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average meat export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Saudi Arabia ($X per ton), while the average price for exports to Iraq ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Bahrain

In 2022, meat imports into Bahrain rose notably to X tons, increasing by X% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, meat imports soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Pakistan (X tons) and Kenya (X tons) were the main suppliers of meat imports to Bahrain, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kenya (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat suppliers to Bahrain were India ($X), Kenya ($X) and Pakistan ($X), together accounting for X% of total imports.

Among the main suppliers, Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform