Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain - 2022
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (CIF) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (CIF) - 2022
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $1,913 per ton in 2022, which is down by -19.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 61%. As a result, import price attained the peak level of $3,297 per ton. From 2016 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 Pakistan ($5,905 per ton), while the price for China ($996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (FOB) - 2022
The average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $5,256 per ton in 2022, declining by -9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2020 an increase of 45%. The export price peaked at $5,779 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +10.6% per year.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain
In 2022, the amount of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses imported into Bahrain reached 5.1K tons, with an increase of 8.3% against the year before. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses dropped to $9.7M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.0 | 1.9 | 2.4 | 2.7 | 10.5% |
| China | 2.3 | 3.4 | 2.6 | 2.6 | 4.2% |
| Pakistan | 0.5 | 0.6 | 0.5 | 0.7 | 11.9% |
| United Arab Emirates | 1.9 | 2.0 | 1.9 | 0.6 | -31.9% |
| Bangladesh | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Others | 2.4 | 3.4 | 3.6 | 2.9 | 6.5% |
| Total | 9.3 | 11.5 | 11.2 | 9.7 | 1.4% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Bahrain in 2022:
- China (2653.2 tons)
- India (1421.2 tons)
- United Arab Emirates (403.6 tons)
- Pakistan (122.4 tons)
- Bangladesh (113.1 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain
In 2022, after two years of decline, there was significant growth in shipments abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses, when their volume increased by 25% to 872 tons. Overall, exports, however, recorded a deep reduction.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses expanded significantly to $4.6M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $5.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.2 | 2.5 | 1.5 | 4.6 | 27.9% |
| Kuwait | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
| Oman | 1.0 | 1.4 | 0.8 | N/A | -10.6% |
| Saudi Arabia | 0.3 | 0.6 | 1.1 | N/A | 91.5% |
| Others | 0.2 | 0.2 | 0.4 | N/A | 41.4% |
| Total | 3.9 | 5.1 | 4.0 | 4.6 | 5.7% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Bahrain in 2022:
- United Arab Emirates (872.3 tons)
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