Bahrain: Market for Anise, Badian, Fennel And Coriander 2024

Market Size for Anise, Badian, Fennel And Coriander in Bahrain

The Bahraini market for anise, badian, fennel and coriander fell dramatically to $X in 2023, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2022, and then contracted significantly in the following year.

Exports of Anise, Badian, Fennel And Coriander

Exports from Bahrain

After two years of growth, shipments abroad of anise, badian, fennel and coriander decreased by X% to X tons in 2023. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then shrank notably in the following year.

In value terms, anise, badian, fennel and coriander exports dropped to $X in 2023. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2022, and then shrank in the following year.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Oman (X tons) were the main destinations of anise, badian, fennel and coriander exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X) constituted the largest markets for anise, badian, fennel and coriander exported from Bahrain worldwide, with a combined X% share of total exports.

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

Export Prices by Country

In 2023, the average export price for anise, badian, fennel and coriander amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Bahrain

Anise, badian, fennel and coriander imports into Bahrain declined sharply to X tons in 2023, which is down by X% against 2022. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports fell sharply to $X in 2023. In general, imports saw a mild slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then reduced sharply in the following year.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Iran (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Bahrain, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Bahrain, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Syrian Arab Republic (X% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2023, jumping by X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, anise, badian, fennel and coriander import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Syrian Arab Republic ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform