Bahrain: Nuts Market 2024

Nuts Market Size in Bahrain

In 2022, the Bahraini nuts market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a strong increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Nuts Production in Bahrain

In value terms, nuts production rose slightly to $X in 2022 estimated in export price. Overall, production faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Nuts production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

In 2022, the average yield of nuts in Bahrain dropped to X tons per ha, approximately equating 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X%. Over the period under review, the average nuts yield attained the maximum level at X tons per ha in 2018; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area in Bahrain was estimated at X ha in 2022, remaining stable against the previous year. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to nuts production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Nuts Exports

Exports from Bahrain

In 2022, approx. X tons of nuts were exported from Bahrain; with a decrease of X% on 2021 figures. Over the period under review, exports, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, nuts exports stood at $X in 2022. Overall, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for nuts exports from Bahrain, with a X% share of total exports. Moreover, nuts exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. Iran (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Iran (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for nuts exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average nuts export price amounted to $X per ton, growing by X% against the previous year. In general, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the near future.

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

Nuts Imports

Imports into Bahrain

In 2022, the amount of nuts imported into Bahrain surged to X tons, increasing by X% compared with the previous year's figure. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, nuts imports skyrocketed to $X in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria (X tons), the United States (X tons) and China (X tons) were the main suppliers of nuts imports to Bahrain, together accounting for X% of total imports.

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

In value terms, the largest nuts suppliers to Bahrain were Nigeria ($X), the United States ($X) and Iran ($X), with a combined X% share of total imports.

Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 nuts import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price 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, nuts import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 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 the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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