Price for Spices; Cardamoms, Crushed or Ground in Bahrain - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Bahrain (FOB) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Bahrain (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in Bahrain
- Imports of Spices; Cardamoms, Crushed or Ground in Bahrain
Price for Spices; Cardamoms, Crushed or Ground in Bahrain (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $25,046 per ton in 2022, rising by 20% against the previous year. Over the period under review, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 118%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($44,571 per ton), while the average price for exports to Oman ($10,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Bahrain (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $5,197 per ton, falling by -42.9% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69% against the previous year. Over the period under review, average import prices hit record highs at $19,743 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($34,000 per ton), while the price for Tanzania ($3,031 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cardamoms, Crushed or Ground in Bahrain
For the third consecutive year, Bahrain recorded decline in overseas shipments of spices; cardamoms, crushed or ground, which decreased by -15.3% to 433 kg in 2022. Over the period under review, exports showed a abrupt decline. The smallest decline of -6.9% was in 2021.
In value terms, spices; cardamoms, crushed or ground exports stood at $11K in 2022. Overall, exports showed a mild reduction.
| Export of Spices; Cardamoms, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 8.1 | 7.1 | 6.3 | 9.0 | 3.6% |
| United States | 2.0 | 0.2 | 2.8 | 1.1 | -18.1% |
| United Arab Emirates | 0.9 | 1.9 | 1.6 | 0.6 | -12.6% |
| Lebanon | N/A | 0.7 | N/A | N/A | 0% |
| Oman | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.1 | 1.0 | N/A | 0.1 | 0.0% |
| Total | 11.4 | 11.0 | 10.7 | 10.8 | -1.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Bahrain in 2022:
- Saudi Arabia (338.0 kg)
- United States (74.0 kg)
- United Arab Emirates (14.0 kg)
- Oman (2.0 kg)
Imports of Spices; Cardamoms, Crushed or Ground in Bahrain
In 2022, approx. 84 tons of spices; cardamoms, crushed or ground were imported into Bahrain; increasing by 52% against the year before. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,006% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, spices; cardamoms, crushed or ground imports declined to $436K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,535% against the previous year. As a result, imports reached the peak of $984K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Cardamoms, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 11.9 | 631 | 345 | 252 | 176.7% |
| Tanzania | N/A | 24.6 | 105 | 178 | 169.0% |
| India | 6.9 | 44.2 | 24.9 | 1.3 | -42.7% |
| United States | 20.2 | 12.7 | 16.9 | N/A | -8.5% |
| Guam | N/A | 264 | N/A | N/A | 0% |
| Others | 21.1 | 7.4 | 12.5 | 4.1 | -42.1% |
| Total | 60.2 | 984 | 504 | 436 | 93.5% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Bahrain in 2022:
- Tanzania (58.8 tons)
- Guatemala (24.5 tons)
- India (0.2 tons)
125
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
3986
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
125
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
3986
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8415
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3858
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3771
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8415
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3858
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
