Price for Spices; Nutmeg, Crushed or Ground in Bahrain - 2022
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Bahrain (FOB) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Bahrain (CIF) - 2022
- Exports of Spices; Nutmeg, Crushed or Ground in Bahrain
- Imports of Spices; Nutmeg, Crushed or Ground in Bahrain
Price for Spices; Nutmeg, Crushed or Ground in Bahrain (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $17,082 per ton in 2022, reducing by -2.7% against the previous year. In general, the export price showed a noticeable contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 62%. As a result, the export price attained the peak level of $27,206 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.3% per year.
Price for Spices; Nutmeg, Crushed or Ground in Bahrain (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $6,942 per ton, surging by 44% against the previous year. Over the period under review, import price indicated moderate growth from 2013 to 2022: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; nutmeg, crushed or ground import price increased by +67.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 68% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the UK ($23,650 per ton), while the price for India ($4,482 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Nutmeg, Crushed or Ground in Bahrain
In 2022, the amount of spices; nutmeg, crushed or ground exported from Bahrain amounted to 898 kg, remaining relatively unchanged against the previous year's figure. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 739% against the previous year. As a result, the exports reached the peak of 906 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; nutmeg, crushed or ground exports contracted slightly to $15K in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,110%.
| Export of Spices; Nutmeg, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.2 | 14.7 | 10.6 | 15.3 | 133.6% |
| Saudi Arabia | N/A | N/A | 5.1 | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 1.2 | 15.0 | 15.6 | 15.3 | 133.6% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Bahrain in 2022:
- United Arab Emirates (898.0 kg)
Imports of Spices; Nutmeg, Crushed or Ground in Bahrain
In 2022, after three years of growth, there was significant decline in overseas purchases of spices; nutmeg, crushed or ground, when their volume decreased by -69.5% to 3.7 tons. Overall, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 142% against the previous year.
In value terms, spices; nutmeg, crushed or ground imports shrank sharply to $26K in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. As a result, imports reached the peak of $59K, and then contracted markedly in the following year.
| Import of Spices; Nutmeg, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 8.1 | 25.7 | 11.9 | 64.0% |
| United Arab Emirates | 1.0 | 1.9 | 3.0 | 7.3 | 94.0% |
| United Kingdom | 0.2 | 0.9 | 2.6 | 3.9 | 169.2% |
| Indonesia | 0.7 | 0.1 | 0.3 | 1.9 | 39.5% |
| China | N/A | N/A | N/A | 0.7 | 0% |
| Guatemala | 10.6 | 13.6 | 24.2 | N/A | 51.1% |
| Others | 0.2 | 2.0 | 3.5 | 0.3 | 14.5% |
| Total | 15.5 | 26.6 | 59.3 | 26.0 | 18.8% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Bahrain in 2022:
- India (2655.0 kg)
- United Arab Emirates (487.0 kg)
- Indonesia (255.0 kg)
- United Kingdom (163.0 kg)
- China (143.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
3982
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
8414
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.
3856
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
8414
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.
3856
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,
