Bahrain: Canned Vegetable Market 2024

Canned Vegetable Market Size in Bahrain

The Bahraini canned vegetable market amounted to $X in 2022, rising by 15% 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). The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Canned vegetable consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Canned Vegetable Exports

Exports from Bahrain

In 2022, after three years of growth, there was significant decline in shipments abroad of canned vegetables, when their volume decreased by -96.2% to X tons. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2014 with an increase of 758%. The exports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, canned vegetable exports contracted remarkably to $X in 2022. Overall, exports showed a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of 444%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Iraq (X tons) were the main destinations of canned vegetable exports from Bahrain, with a combined 62% share of total exports. Oman, Jordan and Niger lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +130.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for canned vegetable exported from Bahrain were Saudi Arabia ($X), the United Arab Emirates ($X) and Jordan ($X), together comprising 44% of total exports.

In terms of the main countries of destination, Jordan, with a CAGR of +148.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned vegetable export price stood at $X per ton in 2022, increasing by 11% against the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2015 when the average export price increased by 119% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Niger (+62.7%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Vegetable Imports

Imports into Bahrain

After two years of decline, overseas purchases of canned vegetables increased by 13% to X tons in 2022. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 15% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, canned vegetable imports amounted to $X in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of canned vegetable imports to Bahrain, together comprising 50% of total imports. The UK, Turkey, China, Saudi Arabia, Jordan, India, Egypt, the United States and Thailand lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +31.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest canned vegetable suppliers to Bahrain were Spain ($X), the UK ($X) and the United Arab Emirates ($X), together accounting for 41% of total imports. Italy, the United States, Turkey, China, Saudi Arabia, India, Egypt, Jordan and Thailand lagged somewhat behind, together accounting for a further 44%.

Saudi Arabia, with a CAGR of +28.4%, recorded the highest rates of growth with regard to 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 canned vegetable import price amounted to $X per ton, dropping by -3.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 6.5% against the previous year. The import price peaked at $X per ton in 2021, and then dropped slightly in the following year.

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 States ($X per ton), while the price for Jordan ($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 States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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