Price for Spices; Mace, Crushed or Ground in Bahrain - 2022

Contents:

  1. Price for Spices; Mace, Crushed or Ground in Bahrain (CIF) - 2022
  2. Imports of Spices; Mace, Crushed or Ground in Bahrain

Price for Spices; Mace, Crushed or Ground in Bahrain (CIF) - 2022

The average import price for spices; mace, crushed or ground stood at $32,833 per ton in 2022, increasing by 384% against the previous year. Overall, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($36,400 per ton), while the price for the Netherlands stood at $15,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.4%).

Imports of Spices; Mace, Crushed or Ground in Bahrain

In 2022, imports of spices; mace, crushed or ground into Bahrain fell notably to 6 kg, waning by -99.9% against the year before. In general, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 1,108% against the previous year. As a result, imports attained the peak of 6.5 tons, and then shrank remarkably in the following year.

In value terms, spices; mace, crushed or ground imports fell rapidly to $197 in 2022. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 1,304% against the previous year. As a result, imports reached the peak of $44K, and then fell notably in the following year.

Import of Spices; Mace, Crushed or Ground in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.92.92.50.2-59.0%
KenyaN/AN/A5.3N/A0%
TanzaniaN/AN/A36.2N/A0%
NetherlandsN/AN/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total2.93.144.10.2-59.0%

Top Suppliers of Spices; Mace, Crushed or Ground to Bahrain in 2022:

  1. India (5.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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