Bahrain: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Bahrain

The Bahraini cherry and sour cherry market fell markedly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed a remarkable increase. Cherry and sour cherry consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Cherries and Sour Cherries

Exports from Bahrain

In 2022, the amount of cherries and sour cherries exported from Bahrain dropped dramatically to X tons, which is down by X% against the year before. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, cherry and sour cherry exports shrank significantly to $X in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then plummeted in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for cherry and sour cherry exports from Bahrain, with a X% share of total exports. Moreover, cherry and sour cherry exports to Saudi Arabia exceeded the volume sent to the second major destination, Niger (X kg), more than tenfold. Jordan (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Jordan (X% per year).

In value terms, Saudi Arabia ($X), Niger ($X) and Jordan ($X) were the largest markets for cherry and sour cherry exported from Bahrain worldwide, with a combined X% share of total exports. Oman lagged somewhat behind, comprising a further X%.

Oman, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cherry and sour cherry export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Saudi Arabia ($X 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 Oman (X%).

Imports of Cherries and Sour Cherries

Imports into Bahrain

In 2022, the amount of cherries and sour cherries imported into Bahrain reduced to X tons, waning by X% against the previous year's figure. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cherry and sour cherry imports dropped dramatically to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Syrian Arab Republic (X tons) constituted the largest cherry and sour cherry supplier to Bahrain, with a X% share of total imports. Moreover, cherry and sour cherry imports from Syrian Arab Republic exceeded the figures recorded by the second-largest supplier, Spain (X tons), tenfold. The third position in this ranking was taken by Afghanistan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Syrian Arab Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Afghanistan (X% per year).

In value terms, Syrian Arab Republic ($X), Argentina ($X) and Turkey ($X) appeared to be the largest cherry and sour cherry suppliers to Bahrain, together accounting for X% of total imports. Spain and Afghanistan lagged somewhat behind, together accounting for a further X%.

Afghanistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cherry and sour cherry import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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