What is the price of coconut oil per kilogram/pound in Bahrain today?
The retail price range for Bahrain coconut oil is between US$ 1.70 and US$ 3.48 per kilogram or between US$ 0.77 and US$ 1.58 per pound(lb). Click here to see today's exact prices of coconut oil in Bahrain
The retail price range in Bahraini Dinar for coconut oil is between BHD 0.64 and BHD 1.31 per kilogram or between BHD 0.29 and BHD 0.59 per pound(lb) in Manama and Riffa.
Wholesale prices
In 2024, the approximate wholesale price range for Bahrain coconut oil is between US$ 1.19 and US$ 2.44 per kilogram or between US$ 0.54 and US$ 1.11 per pound(lb).
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Bahrain Coconut Oil Export Prices - Historical, Trends and Prediction
The export price of Coconut oil from Bahrain over the last five years has seen a significant fluctuation. In 2013, the price per kilogram was 1.15 US dollars, which increased to 11.00 US dollars in 2015. However, the price dropped to 6.62 US dollars in 2016 and further decreased to 3.00 US dollars in 2017. In 2018, the price rose slightly to 3.38 US dollars and then dropped to 2.39 US dollars in 2019. The price then increased to 4.00 US dollars in 2020 and spiked to 18.00 US dollars in 2021. Based on this data, it is predicted that the export price of Coconut oil from Bahrain will be around 8.90 US dollars in 2023 and 10.45 US dollars in 2024.The exports of coconut oil from Bahrain are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
Bahrain Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Bahrain over the last five years has seen a significant fluctuation. In 2017, the price was at its lowest at $3.00, before increasing to $3.38 in 2018. The following year, the price dropped to $2.39, before rising again to $4.00 in 2020. The most recent year, 2021, saw the highest import price of $18.00. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the prices will remain relatively high, with a slight decrease in 2023 and a slight increase in 2024.Export values for Bahrain coconut oil
The total values in export for coconut oil in Bahrain were US$ 53, US$ 3, US$ 27 and US$ 74 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Bahrain: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Middle East: Bahrain coconut oil, Cyprus coconut oil, Iraq coconut oil, Israel coconut oil, Jordan coconut oil, Kuwait coconut oil, Lebanon coconut oil, Palestine coconut oil, Oman coconut oil & Qatar coconut oil.
Bahrain coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Bahrain sold 31 tonnes of coconut oil. For the year 2019 alone, the market for Bahrain coconut oil (processed category) has increased, with a change of 287.5 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports grew by 3000 pc bringing Bahrain US$0.07m for the year 2019. Bahrain's coconut oil exports are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
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Bahrain coconut oil export values
In 2019, Bahrain exported coconut oil costing 0.07m USD, an increase of 159.26% from 2018's total coconut oil export of 0.027m USD. The yearly change in value of Bahrain coconut oil between 2017 to 2018 was 800 percent.
The annual/yearly variation in the quantity of Bahrain's coconut oil exports between 2017 and 2019 was 3000 per cent when compared to a variation of 287.5% in the growth rate between 2018 and 2019.
Bahrain's portion of the world's total coconut oil's exports in 2019 was less than 1%. The country holds position 48 in world exports of coconut oil.
Export markets for Bahrain coconut oil ( in '000$ )
Bahrain's best performing export markets for coconut oil are Oman, United Arab Emirates (UAE), Saudi Arabia and Qatar.
Bahrain purchased 1,124 tonnes of coconut oil in 2019.