Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (CIF) - 2022
The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $2,613 per ton in 2022, which is down by -5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $2,752 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($4,455 per ton), while the price for China ($2,148 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (FOB) - 2022
In 2022, the average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $4,978 per ton, which is down by -16% against the previous year. In general, the export price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 141% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,864 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($13,508 per ton), while the average price for exports to India ($2,192 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+47.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain
In 2022, approx. 698 tons of spices; fruits of the genus capsicum or pimenta, crushed or ground were imported into Bahrain; picking up by 11% against 2021. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 787 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $1.8M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 920 | 1,267 | 1,094 | 1,188 | 8.9% |
| United Arab Emirates | 57.4 | 134 | 258 | 207 | 53.4% |
| China | 33.9 | 142 | 47.9 | 142 | 61.2% |
| Spain | 84.8 | 112 | 179 | 137 | 17.3% |
| Others | 238 | 233 | 156 | 151 | -14.1% |
| Total | 1,334 | 1,889 | 1,735 | 1,825 | 11.0% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Bahrain in 2022:
- India (488.4 tons)
- United Arab Emirates (67.9 tons)
- China (66.1 tons)
- Spain (33.5 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain
In 2022, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Bahrain surged to 87 tons, jumping by 16% compared with 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground dropped to $431K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 371% against the previous year.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.7 | 82.1 | 174 | 176 | 146.9% |
| India | 32.9 | 36.1 | 57.1 | 105 | 47.2% |
| Oman | N/A | 45.7 | 79.2 | 77.9 | 30.6% |
| Saudi Arabia | N/A | 24.4 | 102 | 62.2 | 59.7% |
| China | N/A | N/A | 8.4 | N/A | 0% |
| Others | N/A | 22.0 | 23.9 | 9.3 | -35.0% |
| Total | 44.6 | 210 | 444 | 431 | 113.0% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Bahrain in 2022:
- India (48.0 tons)
- United Arab Emirates (17.2 tons)
- Saudi Arabia (14.4 tons)
- Oman (5.8 tons)
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