Price for Spices; Mace, Neither Crushed Nor Ground in Bahrain - 2022

Contents:

  1. Price for Spices; Mace, Neither Crushed Nor Ground in Bahrain (CIF) - 2022
  2. Imports of Spices; Mace, Neither Crushed Nor Ground in Bahrain

Price for Spices; Mace, Neither Crushed Nor Ground in Bahrain (CIF) - 2022

The average import price for spices; mace, neither crushed nor ground stood at $24,053 per ton in 2022, jumping by 64% against the previous year. In general, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 68%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($96,254 per ton), while the price for Indonesia totaled $15,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%).

Imports of Spices; Mace, Neither Crushed Nor Ground in Bahrain

In 2022, the amount of spices; mace, neither crushed nor ground imported into Bahrain fell significantly to 2.6 tons, declining by -26.5% against 2021 figures. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 191%. As a result, imports attained the peak of 3.5 tons, and then shrank sharply in the following year.

In value terms, imports of spices; mace, neither crushed nor ground skyrocketed to $62K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 328%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Spices; Mace, Neither Crushed Nor Ground in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4.37.029.434.7100.6%
India6.05.122.427.666.3%
OthersN/AN/AN/AN/A0%
Total10.312.151.862.482.3%

Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Bahrain in 2022:

  1. Indonesia (2.3 tons)
  2. India (0.3 tons)

Source: IndexBox Market Intelligence Platform

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