Bahrain: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in Bahrain

In 2022, the Bahraini crab and crab meat market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption faced a abrupt decrease. Crab and crab meat consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Crabs and Crab Meat in Bahrain

In value terms, crab and crab meat production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Crab and crab meat production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Crabs and Crab Meat

Exports from Bahrain

In 2022, shipments abroad of crabs and crab meat was finally on the rise to reach X tons after two years of decline. Over the period under review, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, crab and crab meat exports soared to $X in 2022. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for crab and crab meat exports from Bahrain, accounting for a X% share of total exports. Moreover, crab and crab meat exports to Thailand exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was held by Japan (X tons), with an X% share.

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

In value terms, Thailand ($X), South Korea ($X) and Japan ($X) constituted the largest markets for crab and crab meat exported from Bahrain worldwide, together comprising X% of total exports. Malaysia, the United States, Indonesia and India lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average crab and crab meat export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crab and crab meat export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Thailand ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crabs and Crab Meat

Imports into Bahrain

In 2022, after four years of growth, there was significant decline in overseas purchases of crabs and crab meat, when their volume decreased by X% to X tons. Overall, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, crab and crab meat imports declined significantly to $X in 2022. In general, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest crab and crab meat supplier to Bahrain, with a X% share of total imports. Moreover, crab and crab meat imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. Myanmar (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Myanmar (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of crabs and crab meat to Bahrain, comprising X% of total imports. The second position in the ranking was held by Myanmar ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average crab and crab meat import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Myanmar ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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