Bahrain - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights

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Peanut Butter Price in Bahrain - 2022

Contents:

  1. Peanut Butter Price in Bahrain (CIF) - 2022
  2. Peanut Butter Price in Bahrain (FOB) - 2022
  3. Peanut Butter Imports in Bahrain
  4. Peanut Butter Exports in Bahrain

Peanut Butter Price in Bahrain (CIF) - 2022

In 2022, the average peanut butter import price amounted to $4,523 per ton, dropping by -4.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 34%. As a result, import price attained the peak level of $6,462 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($8,124 per ton), while the price for Sudan ($892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Peanut Butter Price in Bahrain (FOB) - 2022

The average peanut butter export price stood at $1,841 per ton in 2022, dropping by -35.9% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by 375%. Over the period under review, the average export prices reached the peak figure at $11,776 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($29,727 per ton), while the average price for exports to the United Arab Emirates ($982 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 (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports in Bahrain

In 2022, approx. 542 tons of peanut butter and prepared or preserved groundnuts were imported into Bahrain; which is down by -3.5% on the previous year. In general, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 2.6%.

In value terms, peanut butter imports shrank to $2.5M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports reached the peak of $2.6M, and then dropped in the following year.

Import of Peanut Butter in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5517388126183.9%
United States730657398527-10.3%
Canada68.832.136747390.1%
India1612212461793.6%
Saudi Arabia47.750.984.211634.5%
Singapore10393.41011081.6%
China269122132102-27.6%
Philippines51.413.386.538.0-9.6%
SudanN/AN/AN/A36.60%
South Africa71.711612610.9-46.6%
Others2362862932431.0%
Total2,2902,3292,6472,4512.3%

Top Suppliers of Peanut Butter to Bahrain in 2022:

  1. United States (100.4 tons)
  2. India (91.2 tons)
  3. United Arab Emirates (90.8 tons)
  4. Canada (63.6 tons)
  5. China (62.5 tons)
  6. Sudan (41.0 tons)
  7. Saudi Arabia (19.3 tons)
  8. Singapore (13.3 tons)
  9. Philippines (7.2 tons)
  10. South Africa (1.3 tons)

Peanut Butter Exports in Bahrain

In 2022, exports of peanut butter and prepared or preserved groundnuts from Bahrain soared to 52 tons, with an increase of 95% against the year before. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, peanut butter exports skyrocketed to $95K in 2022. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 156% against the previous year. As a result, the exports attained the peak of $317K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Peanut Butter in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.3N/A33.4955.1%
IndiaN/AN/AN/A32.20%
Saudi Arabia11518645.413.3-51.3%
JordanN/AN/A2.66.5150.0%
Oman9.08.526.14.9-18.3%
United StatesN/A114N/AN/A0%
OthersN/A8.31.64.6-25.6%
Total12431775.894.9-8.5%

Top Export Markets for Peanut Butter from Bahrain in 2022:

  1. United Arab Emirates (34.0 tons)
  2. India (11.4 tons)
  3. Saudi Arabia (4.1 tons)
  4. Oman (0.8 tons)
  5. Jordan (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peanut butter market in Bahrain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

Country coverage:

  • Bahrain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bahrain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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