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Middle East - Coconut - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Middle East - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Oct 2, 2023

Guide to Successful Market Entry Strategy for Coconut in the Middle East

Coconut is a versatile fruit that offers a wide range of applications and benefits. With a growing demand for coconut products in the Middle East, this region presents a lucrative market for coconut exporters. However, entering the Middle East market successfully requires a strategic approach. In this guide, we will outline the key steps and strategies for a successful market entry of coconut in the Middle East.

Market Overview

According to data from IndexBox, the import value of coconut in the Middle East was 39.5 million USD in 2022. The top five countries in terms of import value are:

  1. United Arab Emirates - 26.8 million USD
  2. Iran - 3.5 million USD
  3. Qatar - 2.1 million USD
  4. Bahrain - 1.6 million USD
  5. Oman - 1.5 million USD

Understanding the Market Demands

Before entering the Middle East market, it is important to understand the specific demands and preferences of consumers in this region. Conduct market research to identify the types of coconut products that are in high demand, such as coconut oil, coconut water, or coconut-based snacks. Additionally, consider cultural and religious factors that may influence consumerspreferences and purchasing decisions.

Compliance with Regulations and Certifications

The Middle East has stringent regulations and certifications in place for imported food products. Ensure that your coconut products comply with the necessary quality standards, food safety regulations, and labeling requirements. Seek guidance from relevant authorities such as the food regulatory agencies in each target country.

Establishing Trade Partnerships

To enter the Middle East market successfully, establishing trade partnerships is crucial. Identify and connect with importers, distributors, and retailers who have a strong presence in the coconut products market. Attend relevant trade shows and exhibitions, which provide excellent networking opportunities.

Trade Shows and Exhibitions

Here is a list of trade shows and exhibitions related to the coconut industry in the Middle East:

  1. Gulf Food Exhibition - Dubai, UAE: This is the largest annual food and beverage trade show in the Middle East, attracting industry professionals from around the world.
  2. Saudi Agriculture Exhibition - Riyadh, Saudi Arabia: This exhibition focuses on agricultural products and technologies, providing a platform to showcase coconut products and connect with potential buyers.
  3. Qatar International Food Festival - Doha, Qatar: This event brings together food businesses, chefs, and consumers, providing an opportunity to introduce coconut products to the Qatari market.
  4. Omanexpo Food Safety and Technology Summit - Muscat, Oman: This summit focuses on food safety and technology, enabling coconut exporters to showcase their products and network with industry experts.

IndexBox Market Intelligence Platform

The IndexBox market intelligence platform can be a valuable resource for coconut exporters looking to enter the Middle East market. It provides comprehensive data on market trends, trade flows, and competitive landscape. Accessing reliable market intelligence can help companies make informed decisions and develop effective market entry strategies.

Conclusion

Entering the Middle East market with coconut products requires careful planning and strategic execution. Conducting market research, complying with regulations, establishing trade partnerships, and participating in relevant trade shows and exhibitions are key steps to ensure a successful market entry. The IndexBox market intelligence platform can provide valuable insights to support decision-making throughout the process. By following these guidelines, coconut exporters can tap into the growing demand for coconut products in the Middle East and establish a strong presence in the market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coconut market in the Middle East. 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:

  • FCL 249 - Coconuts

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the Middle East, split by region and country
  • Trade (exports and imports) in the Middle East
  • 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. CONSUMPTION BY COUNTRY
    3. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bahrain
    • Iran
    • Iraq
    • Israel
    • Jordan
    • Kuwait
    • Lebanon
    • Oman
    • Palestine
    • Qatar
    • Saudi Arabia
    • Syrian Arab Republic
    • Turkey
    • United Arab Emirates
    • Yemen

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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