Price for Spices; Vanilla, Crushed or Ground in Bahrain - 2022
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Bahrain (CIF) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Bahrain
Price for Spices; Vanilla, Crushed or Ground in Bahrain (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $14,874 per ton in 2022, leveling off at the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 67% against the previous year. Over the period under review, average import prices attained the maximum at $17,914 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Madagascar ($67,746 per ton), while the price for India ($1,471 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Vanilla, Crushed or Ground in Bahrain
In 2022, overseas purchases of spices; vanilla, crushed or ground decreased by -12.7% to 4.2 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 68% against the previous year. As a result, imports attained the peak of 5.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, spices; vanilla, crushed or ground imports fell to $63K in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 111%. As a result, imports reached the peak of $82K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Vanilla, Crushed or Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 15.4 | 38.2 | 18.6 | 42.5 | 40.3% |
| Madagascar | 3.1 | 3.3 | 1.8 | 7.7 | 35.4% |
| China | N/A | N/A | N/A | 4.1 | 0% |
| Sri Lanka | N/A | N/A | N/A | 3.0 | 0% |
| United Arab Emirates | 2.8 | 2.4 | 1.9 | 2.8 | 0.0% |
| India | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
| South Africa | N/A | N/A | 0.6 | 0.8 | 33.3% |
| United Kingdom | 9.8 | 12.2 | 10.4 | N/A | 3.0% |
| Egypt | 1.1 | 1.5 | 1.4 | N/A | 12.8% |
| Others | 6.5 | 24.2 | 37.5 | 1.3 | -41.5% |
| Total | 38.7 | 81.8 | 72.5 | 63.1 | 17.7% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Bahrain in 2022:
- Saudi Arabia (2286.0 kg)
- India (626.0 kg)
- China (540.0 kg)
- United Arab Emirates (228.0 kg)
- South Africa (204.0 kg)
- Sri Lanka (179.0 kg)
- Madagascar (114.0 kg)
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This report provides an in-depth analysis of the vanilla market in Bahrain.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in Bahrain.
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This report provides an in-depth analysis of the global vanilla market.
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
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The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
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From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
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The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
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From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
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Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
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France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
