Bahrain: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in Bahrain

The Bahraini dried or salted fish market reduced to $X in 2022, declining by X% against the previous year. Overall, consumption recorded a mild descent. Dried or salted fish consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Dried Or Salted Fish in Bahrain

In value terms, dried or salted fish production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Dried Or Salted Fish

Exports from Bahrain

After two years of growth, shipments abroad of dried or salted fish decreased by X% to X kg in 2022. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, dried or salted fish exports soared to $X in 2022. Over the period under review, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X kg) was the main destination for dried or salted fish exports from Bahrain, with a X% share of total exports. Moreover, dried or salted fish exports to Hong Kong SAR exceeded the volume sent to the second major destination, Saudi Arabia (X kg), sixfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR stood at X%.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for dried or salted fish exports from Bahrain, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR amounted to X%.

Export Prices by Country

In 2022, the average dried or salted fish export price amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded a strong expansion. 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 Hong Kong SAR ($X per ton), while the average price for exports to Saudi Arabia amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%).

Imports of Dried Or Salted Fish

Imports into Bahrain

In 2022, dried or salted fish imports into Bahrain reduced markedly to X tons, shrinking by X% compared with 2021. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, dried or salted fish imports contracted markedly to $X in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Myanmar (X tons), India (X tons) and the Philippines (X tons) were the main suppliers of dried or salted fish imports to Bahrain, with a combined X% share of total imports. Egypt, Thailand and Sri Lanka lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Myanmar ($X) and Egypt ($X) constituted the largest dried or salted fish suppliers to Bahrain, with a combined X% share of total imports.

Among the main suppliers, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried or salted fish import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a perceptible increase 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, dried or salted fish import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 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 Thailand ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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