What is the price of malt extract per kilogram/pound in Bahrain today?
The retail price range for Bahrain malt extract is between US$ 3.39 and US$ 8.48 per kilogram or between US$ 1.54 and US$ 3.85 per pound(lb). Click here to see today's exact prices of malt extract in Bahrain
The retail price range in Bahraini Dinar for malt extract is between BHD 1.28 and BHD 3.19 per kilogram or between BHD 0.58 and BHD 1.45 per pound(lb) in Manama and Riffa.
Wholesale prices
In 2024, the approximate wholesale price range for Bahrain malt extract is between US$ 2.37 and US$ 5.94 per kilogram or between US$ 1.08 and US$ 2.69 per pound(lb).
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Bahrain Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Bahrain has seen a significant fluctuation over the past five years. In 2012, the price was 6.67 US dollars per kg, which increased to 13.00 US dollars per kg in 2013. However, the price dropped to 6.00 US dollars per kg in 2014 and further decreased to 5.00 US dollars per kg in 2015. In 2016, the price dropped to its lowest point of 2.00 US dollars per kg. Since then, the price has been gradually increasing and was 4.75 US dollars per kg in 2019 and 4.55 US dollars per kg in 2020. The latest data shows that the price is 5.43 US dollars per kg in 2021. Based on the trend, it is predicted that the price of Malt Extract from Bahrain will be around 6.20 US dollars per kg in 2023 and 6.45 US dollars per kg in 2024.The exports of malt extract from Bahrain are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Bahrain Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Bahrain over the last five years has seen a significant decrease. In 2016, the price was $2.00, followed by a slight increase to $4.00 in 2017. In 2018, the price dropped to $3.81 and then increased to $4.75 in 2019. The price then decreased again to $4.55 in 2020 and then increased to $5.43 in 2021. Looking ahead, it is likely that the import price per kilogram of Malt Extract into Bahrain will remain relatively stable in the next two years. We predict that the price will be $5.43 in 2023 and $5.44 in 2024.Export values for Bahrain malt extract
The total values in export for malt extract in Bahrain were US$ 2, US$ 24, US$ 240 and US$ 575 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 malt extract in other countries across Middle East: Bahrain malt extract, Cyprus malt extract, Iraq malt extract, Israel malt extract, Jordan malt extract, Kuwait malt extract, Lebanon malt extract, Palestine malt extract, Oman malt extract & Qatar malt extract.
Bahrain malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 Bahrain shipped 121 tonnes of malt extract. Across 2019 alone, the demand for Bahrain malt extract (processed category) has surged, changing by 92.063 per cent compared to the year 2018. Between 2017 and 2019, malt extract's exports grew by 1916.67 percent earning Bahrain US$0.58m for the year 2019. Bahrain's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Bahrain malt extract export values
In 2019, Bahrain shipped malt extract valued at 0.58m USD, a surge of 141.67% from 2018's total malt extract export of 0.24m USD. The yearly growth in value of Bahrain malt extract between 2017 to 2018 was 900 percent.
The annual variation in the volume of Bahrain's malt extract exports between 2017 and 2019 was 1916.67 pc when compared to a variation of 92.063% in the growth rate between 2018 and 2019.
Bahrain's stake of the world's total malt extract's exports in 2019 was less than 1%. The country holds position 57 in world exports of malt extract.
Export markets for Bahrain malt extract ( in '000$ )
Bahrain's top destinations for malt extract are Kuwait, United Arab Emirates (UAE), Saudi Arabia, Qatar and Oman.
Import/Export Trends
Bahrain is a net importer of malt extract. The annual growth of Bahrain malt extract in value between 2015 to 2019 was -7%, per annum, while annual growth in quantity for the same period was -12%, per annum.
Bahrain brought in 1,926 tonnes of malt extract in 2019.