Bahrain: Pesticide Market 2024

Pesticide Market Size in Bahrain

In 2022, after ten years of growth, there was significant decline in the Bahraini pesticide market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed buoyant growth. Pesticide consumption peaked at $X in 2021, and then contracted in the following year.

Pesticide Production in Bahrain

In value terms, pesticide production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Pesticide Exports

Exports from Bahrain

In 2022, approx. X tons of pesticides were exported from Bahrain; with a decrease of X% against the previous year. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pesticide exports dropped remarkably to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for pesticide exports from Bahrain, with a X% share of total exports. Moreover, pesticide exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. Tunisia (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Oman ($X) remains the key foreign market for pesticides exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

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

Export Prices by Country

In 2022, the average pesticide export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 the United Arab Emirates ($X per ton), while the average price for exports to Kenya ($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 Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pesticide Imports

Imports into Bahrain

In 2022, supplies from abroad of pesticides decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, pesticide imports declined to $X in 2022. Over the period under review, imports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), India (X tons) and Oman (X tons) were the main suppliers of pesticide imports to Bahrain, together comprising X% of total imports.

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

In value terms, Oman ($X), Egypt ($X) and the UK ($X) were the largest pesticide suppliers to Bahrain, with a combined X% share of total imports.

Among the main suppliers, Oman, 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 pesticide import price amounted to $X per ton, falling by X% against the previous year. In general, import price indicated a notable 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, pesticide import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2021, and then shrank slightly in the following year.

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 Oman ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform