Bahrain: Dried Grapes Market 2024

Dried Grapes Market Size in Bahrain

In 2022, the Bahraini dried grapes market increased by 12% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, enjoyed a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Dried Grapes Exports

Exports from Bahrain

In 2022, after five years of decline, there was significant growth in overseas shipments of dried grapes, when their volume increased by 26% to X tons. In general, exports, however, showed a sharp slump. The pace of growth was the most pronounced in 2016 when exports increased by 1,250%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried grapes exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of 2,151% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for dried grapes exports from Bahrain, with a 73% share of total exports. Moreover, dried grapes exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X kg), fourfold. The third position in this ranking was taken by Free Zones (X kg), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+0.9% per year) and Free Zones (-14.8% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for dried grapes exports from Bahrain, comprising 51% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 25% share of total exports. It was followed by Oman, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+7.7% per year) and Oman (+11.4% per year).

Export Prices by Country

In 2022, the average dried grapes export price amounted to $X per ton, approximately equating the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried grapes export price decreased by -0.1% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates ($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 Malaysia (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Grapes Imports

Imports into Bahrain

In 2022, the amount of dried grapes imported into Bahrain shrank slightly to X tons, which is down by -1.9% on 2021 figures. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.3% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by 30%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, dried grapes imports soared to $X in 2022. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 80% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Iran (X tons) constituted the largest dried grapes supplier to Bahrain, accounting for a 52% share of total imports. Moreover, dried grapes imports from Iran exceeded the figures recorded by the second-largest supplier, Afghanistan (X tons), threefold. The third position in this ranking was taken by Uzbekistan (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Iran stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+55.6% per year) and Uzbekistan (+23.5% per year).

In value terms, Iran ($X) constituted the largest supplier of dried grapes to Bahrain, comprising 52% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a 13% share of total imports. It was followed by Uzbekistan, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from Iran totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+63.7% per year) and Uzbekistan (+22.9% per year).

Import Prices by Country

The average dried grapes import price stood at $X per ton in 2022, growing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a 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 South Africa ($X per ton), while the price for Uzbekistan ($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 (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :