Bahrain: Dry Vegetable Market 2024

Dry Vegetable Market Size in Bahrain

In 2022, the Bahraini dry vegetable market decreased by -6.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded buoyant growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Dry Vegetable Production in Bahrain

In value terms, dry vegetable production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with a decrease of 99.9% against the previous year. Dry vegetable production peaked in 2022 and is expected to retain growth in the near future.

Dry Vegetable Exports

Exports from Bahrain

In 2022, dry vegetable exports from Bahrain surged to X tons, growing by 18% against 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 429%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry vegetable exports expanded notably to $X in 2022. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2017 with an increase of 390% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for dry vegetable exports from Bahrain, with a 85% share of total exports. Moreover, dry vegetable exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at +38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+40.0% per year) and Kuwait (-14.0% per year).

In value terms, the largest markets for dry vegetable exported from Bahrain were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), with a combined 90% share of total exports.

Saudi Arabia, with a CAGR of +36.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average dry vegetable export price amounted to $X per ton, reducing by -10% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 124%. 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 stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia ($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 Kuwait (-0.4%), while the prices for the other major destinations experienced a decline.

Dry Vegetable Imports

Imports into Bahrain

Dry vegetable imports into Bahrain dropped modestly to X tons in 2022, falling by -3.7% compared with the year before. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 161% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dry vegetable imports shrank to $X in 2022. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 113% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

India (X tons), China (X tons) and Pakistan (X tons) were the main suppliers of dry vegetable imports to Bahrain, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +35.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of dry vegetables to Bahrain, comprising 41% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Italy, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +33.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.9% per year) and Italy (+21.6% per year).

Import Prices by Country

The average dry vegetable import price stood at $X per ton in 2022, waning by -3.5% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform