Bahrain: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Bahrain

In 2022, the Bahraini crabs, not frozen market was finally on the rise to reach $X after six years of decline. Overall, consumption, however, showed a precipitous shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Crabs, Not Frozen Production in Bahrain

In value terms, crabs, not frozen production reached $X in 2022 estimated in export price. In general, production showed a perceptible curtailment. The growth pace was the most rapid in 2019 when the production volume increased by 7.6% against the previous year. Crabs, not frozen production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Crabs, Not Frozen Exports

Exports from Bahrain

In 2022, after six years of growth, there was significant decline in shipments abroad of crabs, not frozen, when their volume decreased by -5.9% to X tons. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 578%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, crabs, not frozen exports contracted to $X in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 496% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

South Korea (X tons), Japan (X tons) and Thailand (X tons) were the main destinations of crabs, not frozen exports from Bahrain, with a combined 92% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +85.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crabs, not frozen exported from Bahrain were South Korea ($X), Japan ($X) and Thailand ($X), with a combined 98% share of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of +68.1%, recorded the highest rates of growth with regard to 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 crabs, not frozen export price amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Egypt ($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 South Korea (-9.3%), while the prices for the other major destinations experienced a decline.

Crabs, Not Frozen Imports

Imports into Bahrain

In 2022, approx. X tons of crabs, not frozen were imported into Bahrain; with a decrease of -13.4% compared with the year before. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 7,893% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, crabs, not frozen imports reduced slightly to $X in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2015 with an increase of 2,331% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest crabs, not frozen supplier to Bahrain, with a 80% share of total imports. Moreover, crabs, not frozen imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Indonesia (X kg), eightfold. The third position in this ranking was held by Pakistan (X kg), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at +73.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+87.1% per year) and Pakistan (+63.4% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of crabs, not frozen to Bahrain, comprising 82% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of total imports. It was followed by Pakistan, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia amounted to +58.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+144.1% per year) and Pakistan (+43.8% per year).

Import Prices by Country

The average crabs, not frozen import price stood at $X per ton in 2022, growing by 15% against the previous year. In general, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2020 an increase of 74%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Indonesia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+30.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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