What is the price of olive oil per kilogram/pound in Bahrain today?
The retail price range for Bahrain olive oil is between US$ 2.17 and US$ 3.07 per kilogram or between US$ 0.99 and US$ 1.39 per pound(lb). Click here to see today's exact prices of olive oil in Bahrain
The retail price range in Bahraini Dinar for olive oil is between BHD 0.82 and BHD 1.15 per kilogram or between BHD 0.37 and BHD 0.52 per pound(lb) in Manama and Riffa.
Wholesale prices
In 2024, the approximate wholesale price range for Bahrain olive oil is between US$ 1.52 and US$ 2.15 per kilogram or between US$ 0.69 and US$ 0.97 per pound(lb).
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Bahrain Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Bahrain over the last five years has been quite varied. In 2017, the price was 2.75 US $ per kg, followed by a sharp increase to 5.89 US $ per kg in 2018. In 2019, the price dropped back to 2.75 US $ per kg, before rising to 5.5 US $ per kg in 2020. The most recent year, 2021, saw a decrease to 3.47 US $ per kg. Based on this data, it is likely that the export price per kilogram of Olive Oil from Bahrain will remain relatively stable in the next two years, with a predicted price of 3.50 US $ per kg in 2023 and 3.55 US $ per kg in 2024.The exports of olive oil from Bahrain are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
Bahrain Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Bahrain over the last five years has been quite volatile. In 2016, the price was at its lowest at $3.59 per kg, before rising to $5.89 per kg in 2018. However, the price dropped again in 2019 to $2.75 per kg, before increasing to $5.50 per kg in 2020. The most recent data shows that the price has dropped again to $3.47 per kg in 2021. Based on this data, it is likely that the import price per kilogram of Olive Oil into Bahrain will remain relatively stable in the next two years. We can predict that the price in 2023 will be around $3.50 per kg, and the price in 2024 will be around $3.60 per kg.Export values for Bahrain olive oil
The total values in export for olive oil in Bahrain were US$ 115, US$ 11, US$ 53 and US$ 22 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 olive oil in other countries across Middle East: Bahrain olive oil, Cyprus olive oil, Iraq olive oil, Israel olive oil, Jordan olive oil, Kuwait olive oil, Lebanon olive oil, Palestine olive oil, Oman olive oil & Qatar olive oil.
Bahrain olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Bahrain shipped 8 tonnes of olive oil. Through 2019 alone, the market for Bahrain olive oil (processed category) has decreased, with a change of -11.111 % compared to the year 2018. Between 2017 and 2019, olive oil's exports increased by 100% earning the exporter US$0.02m for the year 2019. Bahrain's olive oil exports are classified as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
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Bahrain olive oil export values
In 2019, Bahrain exported olive oil valued at 0.02m USD, a drop of -62.26% from 2018's total olive oil export of 0.053m USD. The annual reduction in value of Bahrain olive oil between 2017 to 2018 was 381.818 per cent.
The annual/yearly variation in the quantity of Bahrain's olive oil exports between 2017 and 2019 was 100% when compared to a variation of -11.111% in the growth rate between 2018 and 2019.
Bahrain's stake of the world's total olive oil's exports in 2019 was 1.6 percent. The country is ranked number 10 in world exports of olive oil.
Export markets for Bahrain olive oil ( in '000$ )
Bahrain's best performing export markets for olive oil are Bangladesh, United Arab Emirates (UAE), Saudi Arabia, Qatar and Kuwait.
Import/Export Trends
Bahrain is a net exporter of olive oil. The annual growth of Bahrain olive oil in value between 2015 to 2019 was 68%, per year, while annual growth in quantity was 18%, per annum.
Bahrain ordered 1,502 tonnes of olive oil in 2019.