Bahrain - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Bahrain - 2022
Contents:
- Asparagus Price in Bahrain (CIF) - 2022
- Asparagus Price in Bahrain (FOB) - 2022
- Asparagus Imports in Bahrain
- Asparagus Exports in Bahrain
Asparagus Price in Bahrain (CIF) - 2022
The average asparagus import price stood at $10,765 per ton in 2022, reducing by -9.1% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus import price decreased by -9.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 68%. The import price peaked at $11,868 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($12,304 per ton), while the price for the United States ($2,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Asparagus Price in Bahrain (FOB) - 2022
In 2022, the average asparagus export price amounted to $6,884 per ton, waning by -12.4% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 137% against the previous year. As a result, the export price attained the peak level of $19,647 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Niger ($8,045 per ton) and Jordan ($7,406 per ton), while the average price for exports to Oman ($5,770 per ton) and Saudi Arabia ($6,295 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Asparagus Imports in Bahrain
In 2022, imports of asparagus into Bahrain surged to 53 tons, rising by 20% against 2021. Overall, imports, however, saw a noticeable curtailment.
In value terms, asparagus imports rose rapidly to $576K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Asparagus in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 364 | 290 | 317 | 299 | -6.3% |
| Peru | 118 | 105 | 141 | 177 | 14.5% |
| Mexico | 54.6 | 32.3 | 42.3 | 60.0 | 3.2% |
| Spain | 1.3 | 13.4 | 2.4 | 16.3 | 132.3% |
| United States | 1.4 | 0.1 | 17.5 | 4.4 | 46.5% |
| Others | 14.4 | 16.9 | 9.3 | 19.1 | 9.9% |
| Total | 553 | 458 | 529 | 576 | 1.4% |
Top Suppliers of Asparagus to Bahrain in 2022:
- Thailand (24.3 tons)
- Peru (18.1 tons)
- Mexico (5.9 tons)
- United States (1.8 tons)
- Spain (1.6 tons)
Asparagus Exports in Bahrain
Asparagus exports from Bahrain skyrocketed to 11 tons in 2022, increasing by 106% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, asparagus exports surged to $78K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 110%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Asparagus in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | 15.8 | 36.1 | 128.5% |
| Saudi Arabia | 0.4 | N/A | 20.5 | 22.0 | 280.3% |
| Oman | 1.2 | N/A | N/A | 9.8 | 101.4% |
| Niger | N/A | N/A | 6.7 | 9.7 | 44.8% |
| United States | 19.7 | 44.5 | N/A | N/A | 125.9% |
| Others | 0.1 | 0.6 | N/A | N/A | 500.0% |
| Total | 21.5 | 45.1 | 43.0 | 77.6 | 53.4% |
Top Export Markets for Asparagus from Bahrain in 2022:
- Jordan (4.9 tons)
- Saudi Arabia (3.5 tons)
- Oman (1.7 tons)
- Niger (1.2 tons)
This report provides an in-depth analysis of the asparagus market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 367 - Asparagus
Country coverage:
- Bahrain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bahrain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global asparagus consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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Global asparagus exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
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Global asparagus imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Mexico held the second spot in the global asparagus trade. In 2014, Mexico exported X thousand tons of asparagus totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total asp
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