Price for Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $14,088 per ton in 2022, shrinking by -28.9% against the previous year. In general, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 62%. Over the period under review, average import prices reached the peak figure at $29,577 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($16,076 per ton), while the price for the United Arab Emirates ($9,159 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $18,744 per ton, with an increase of 8.7% against the previous year. Over the period under review, the export price saw resilient growth. The growth pace was the most rapid in 2014 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $26,300 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($29,048 per ton), while the average price for exports to Saudi Arabia stood at $16,287 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain
In 2022, supplies from abroad of spices; cardamoms, neither crushed nor ground decreased by -17.9% to 252 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 16%.
In value terms, imports of spices; cardamoms, neither crushed nor ground shrank dramatically to $3.5M in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 63%. As a result, imports attained the peak of $8.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 3.4 | 7.6 | 4.6 | 2.6 | -8.6% |
| India | 1.4 | 0.3 | 1.3 | 0.8 | -17.0% |
| United Arab Emirates | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Total | 5.0 | 8.2 | 6.1 | 3.5 | -11.2% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Bahrain in 2022:
- Guatemala (191.0 tons)
- India (49.6 tons)
- United Arab Emirates (7.1 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain
In 2022, overseas shipments of spices; cardamoms, neither crushed nor ground decreased by -16.2% to 10 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year.
In value terms, exports of spices; cardamoms, neither crushed nor ground reduced to $188K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 73.6 | 71.0 | 135 | 132 | 21.5% |
| United Arab Emirates | 16.5 | 21.8 | 61.8 | 55.8 | 50.1% |
| Kuwait | N/A | 38.8 | N/A | N/A | 0% |
| India | 41.0 | 38.0 | 10.0 | N/A | -50.6% |
| Others | 1.5 | N/A | N/A | 0.4 | -35.6% |
| Total | 133 | 170 | 207 | 188 | 12.2% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Bahrain in 2022:
- Saudi Arabia (8.1 tons)
- United Arab Emirates (1.9 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bahrain.
4153
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3899
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8592
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
4027
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3899
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8592
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
4027
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
