Bahrain: Poultry Market 2024

Poultry Market Size in Bahrain

The Bahraini poultry market soared 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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Poultry Production in Bahrain

In value terms, poultry production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a strong 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 most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average yield of poultry in Bahrain contracted to X kg per X heads, reducing by X% compared with the year before. Over the period under review, the yield recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The poultry yield peaked at X kg per head in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure.

The number of animals slaughtered for poultry production in Bahrain totaled X heads in 2022, standing approx. at 2021. In general, the number of producing animals showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, this number attained the peak level at X heads in 2019; however, from 2020 to 2022, producing animals failed to regain momentum.

Poultry Exports

Exports from Bahrain

In 2022, after two years of growth, there was significant decline in shipments abroad of poultry, when their volume decreased by X% to X tons. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, poultry exports reduced notably to $X in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell significantly in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for poultry exports from Bahrain, with a X% share of total exports. Moreover, poultry exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. The third position in this ranking was held by Jordan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Jordan (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for poultry exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with an X% share of total exports. It was followed by Jordan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Jordan (X% per year).

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price enjoyed a modest increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external 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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Bahrain

In 2022, the amount of poultry imported into Bahrain reached X tons, increasing by X% against the year before. Over the period under review, total imports indicated a notable increase 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 pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, poultry imports surged to $X in 2022. The total import 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. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of poultry to Bahrain, accounting for a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and China (X% per year).

In value terms, Brazil ($X), Saudi Arabia ($X) and China ($X) appeared to be the largest poultry suppliers to Bahrain, together comprising X% of total imports. The United States, Russia, Thailand and Poland lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of 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 poultry import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform