Bahrain: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in Bahrain

In 2022, the Bahraini plastic tableware and kitchenware market increased by 19% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate resilient growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Exports of Plastic Tableware And Kitchenware

Exports from Bahrain

In 2022, shipments abroad of plastic tableware and kitchenware decreased by -44.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic tableware and kitchenware exports contracted notably to $X in 2022. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by 43%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for plastic tableware and kitchenware exports from Bahrain, with a 48% share of total exports. Moreover, plastic tableware and kitchenware exports to Saudi Arabia exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was held by Kuwait (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled -13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+100.0% per year) and Kuwait (+1.6% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for plastic tableware and kitchenware exports from Bahrain, comprising 50% of total exports. The second position in the ranking was taken by China ($X), with a 23% share of total exports. It was followed by Kuwait, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+93.7% per year) and Kuwait (+0.1% per year).

Export Prices by Country

The average plastic tableware and kitchenware export price stood at $X per ton in 2022, growing by 12% against the previous year. Overall, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 26%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to India ($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 Madagascar (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Tableware And Kitchenware

Imports into Bahrain

In 2022, purchases abroad of plastic tableware and kitchenware increased by 5.7% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 62%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic tableware and kitchenware imports rose significantly to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of plastic tableware and kitchenware imports to Bahrain, together comprising 79% of total imports. India, Taiwan (Chinese), Turkey, Free Zones, Oman and the United States lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of +82.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic tableware and kitchenware suppliers to Bahrain were the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X), together comprising 75% of total imports. India, Taiwan (Chinese), Turkey, Free Zones, the United States and Oman lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Free Zones, with a CAGR of +89.0%, 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

The average plastic tableware and kitchenware import price stood at $X per ton in 2022, increasing by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform