Bahrain: Butter And Ghee Market 2025

Butter And Ghee Market Size in Bahrain

The Bahraini butter and ghee market surged to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a resilient increase. Butter and ghee consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Butter And Ghee Exports

Exports from Bahrain

In 2022, overseas shipments of butter and ghee decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, butter and ghee exports fell sharply to $X in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for butter and ghee exports from Bahrain, with a X% share of total exports. It was followed by India (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Oman (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for butter and ghee exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Oman (X% per year).

Export Prices by Country

The average butter and ghee export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

Butter And Ghee Imports

Imports into Bahrain

In 2022, the amount of butter and ghee imported into Bahrain surged to X tons, with an increase of X% on the year before. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, butter and ghee imports surged to $X in 2022. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), India (X tons) and Uruguay (X tons) were the main suppliers of butter and ghee imports to Bahrain, together accounting for X% of total imports. Argentina, New Zealand, Saudi Arabia and Denmark 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 Argentina (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), India ($X) and Uruguay ($X) appeared to be the largest butter and ghee suppliers to Bahrain, with a combined X% share of total imports. New Zealand, Argentina, Denmark and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Argentina, with a CAGR of X%, saw 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 butter and ghee import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 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 Denmark ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform