Bahrain: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Bahrain

The Bahraini market for frozen, dried and smoked fish dropped to $X in 2023, approximately reflecting the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Frozen, Dried And Smoked Fish in Bahrain

In value terms, frozen, dried and smoked fish production shrank slightly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Frozen, dried and smoked fish production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports from Bahrain

In 2023, after four years of decline, there was growth in overseas shipments of frozen, dried and smoked fish, when their volume increased by X% to X tons. Over the period under review, exports recorded a perceptible increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports failed to regain momentum.

In value terms, frozen, dried and smoked fish exports declined to $X in 2023. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons), Saudi Arabia (X tons) and South Korea (X tons) were the main destinations of frozen, dried and smoked fish exports from Bahrain, together comprising X% of total exports. Japan, Malaysia, Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Saudi Arabia ($X) and South Korea ($X) were the largest markets for frozen, dried and smoked fish exported from Bahrain worldwide, with a combined X% share of total exports. Japan, Malaysia, Indonesia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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

In 2023, the average export price for frozen, dried and smoked fish amounted to $X per ton, dropping by X% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, frozen, dried and smoked fish export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Bahrain

In 2023, after two years of decline, there was growth in overseas purchases of frozen, dried and smoked fish, when their volume increased by X% to X tons. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, frozen, dried and smoked fish imports declined to $X in 2023. Overall, imports enjoyed a temperate increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Myanmar (X tons), Oman (X tons) and Vietnam (X tons) were the main suppliers of frozen, dried and smoked fish imports to Bahrain, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen, dried and smoked fish suppliers to Bahrain were India ($X), Myanmar ($X) and Vietnam ($X), together accounting for X% of total imports. The United Arab Emirates, Oman, Pakistan, Taiwan (Chinese), Thailand and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2023, the average import price for frozen, dried and smoked fish amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform