Bahrain: Potato Chips Market 2024

Potato Chips Market Size in Bahrain

The Bahraini potato chips market dropped to $X in 2022, falling by -3.3% against the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Potato Chips Production in Bahrain

In value terms, potato chips production reduced slightly to $X in 2022 estimated in export price. Overall, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 73% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Potato Chips Exports

Exports from Bahrain

In 2022, overseas shipments of potato chips decreased by -86.9% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 3,708% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, potato chips exports declined notably to $X in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2019 with an increase of 4,584% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for potato chips exports from Bahrain, with a approx. 42% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to -1.5%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for potato chips exports from Bahrain.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at -2.3%.

Export Prices by Country

In 2022, the average potato chips export price amounted to $X per ton, rising by 94% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 339% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +8.0% per year.

Potato Chips Imports

Imports into Bahrain

In 2022, the amount of potato chips imported into Bahrain reduced dramatically to X tons, declining by -41.1% compared with the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 54%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, potato chips imports shrank dramatically to $X in 2022. Over the period under review, imports, however, posted a notable expansion. The growth pace was the most rapid in 2020 with an increase of 50%. 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

The United States (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of potato chips imports to Bahrain, together accounting for 70% of total imports. Poland, the United Arab Emirates, the Netherlands and Egypt lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +20.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Germany ($X) were the largest potato chips suppliers to Bahrain, with a combined 79% share of total imports. Poland, the United Arab Emirates, Egypt and the Netherlands lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +22.6%, 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 potato chips import price amounted to $X per ton, growing by 13% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potato chips import price increased by +35.5% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform