Bahrain: Spice Market 2025

Spice Market Size in Bahrain

After three years of growth, the Bahraini spice market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value 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. Spice consumption peaked at $X in 2021, and then contracted in the following year.

Spice Exports

Exports from Bahrain

In 2022, overseas shipments of spices decreased by X% to X tons, falling for the second consecutive year after five years of growth. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, spice exports declined to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Oman (X tons) were the main destinations of spice exports from Bahrain, with a combined X% share of total exports. India, Kuwait and Jordan lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for spice exported from Bahrain were Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X), with a combined X% share of total exports. Kuwait, India and Jordan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Jordan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spice export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

Spice Imports

Imports into Bahrain

In 2022, supplies from abroad of spices increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, spice imports contracted to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), India (X tons) and the United Arab Emirates (X tons) were the main suppliers of spice imports to Bahrain, together comprising X% of total imports. Vietnam, Guatemala, Bangladesh, Pakistan and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Syrian Arab Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Guatemala ($X) constituted the largest spice suppliers to Bahrain, together accounting for X% of total imports. The United Arab Emirates, Vietnam, Pakistan, Bangladesh and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Syrian Arab Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 spice import price amounted to $X per ton, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform