Bahrain - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Bahrain - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights

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Banana and Plantain Price in Bahrain - 2022

Contents:

  1. Banana and Plantain Price in Bahrain (CIF) - 2022
  2. Banana and Plantain Price in Bahrain (FOB) - 2022
  3. Banana and Plantain Imports in Bahrain
  4. Banana and Plantain Exports in Bahrain

Banana and Plantain Price in Bahrain (CIF) - 2022

The average banana and plantain import price stood at $1,157 per ton in 2022, jumping by 29% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, banana and plantain import price increased by +67.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,512 per ton), while the price for the United States ($771 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Banana and Plantain Price in Bahrain (FOB) - 2022

The average banana and plantain export price stood at $1,571 per ton in 2022, surging by 51% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 366% against the previous year. The export price peaked at $2,826 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,450 per ton), while the average price for exports to Saudi Arabia totaled $987 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Banana and Plantain Imports in Bahrain

In 2022, supplies from abroad of bananas and plantains decreased by -5.7% to 18K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 21K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, banana and plantain imports skyrocketed to $21M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Banana and Plantain in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines6.310.77.47.56.0%
Ecuador1.73.93.04.841.3%
Costa RicaN/AN/A0.23.41600.0%
India3.53.73.83.2-2.9%
Sri Lanka0.30.71.71.467.1%
United StatesN/AN/AN/A0.20%
United Arab Emirates0.20.20.7N/A87.1%
Others0.20.10.20.1-20.6%
Total12.219.317.020.719.3%

Top Suppliers of Banana and Plantain to Bahrain in 2022:

  1. Philippines (6.5K tons)
  2. Ecuador (4.6K tons)
  3. Costa Rica (2.9K tons)
  4. India (2.1K tons)
  5. Sri Lanka (1.4K tons)
  6. United States (0.3K tons)

Banana and Plantain Exports in Bahrain

In 2022, approx. 38 tons of bananas and plantains were exported from Bahrain; which is down by -95.7% against 2021 figures. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 2,640% against the previous year. As a result, the exports reached the peak of 890 tons, and then shrank sharply in the following year.

In value terms, banana and plantain exports dropped sharply to $60K in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 910% against the previous year. As a result, the exports reached the peak of $928K, and then contracted dramatically in the following year.

Export of Banana and Plantain in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia21.03.389621.91.4%
Oman15.98.4N/A3.6-39.1%
United States76.463.50.1N/A-96.4%
Others13.216.631.434.637.9%
Total12691.892860.1-21.9%

Top Export Markets for Banana and Plantain from Bahrain in 2022:

  1. Saudi Arabia (22.1 tons)
  2. Oman (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the banana and plantain 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 486 - Bananas
  • FCL 489 - Plantains

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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