Middle East - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSuccessful Market Entry Strategy for Durum Wheat in the Middle East
When it comes to expanding your business into new markets, a well-planned market entry strategy is crucial for success. This guide offers valuable insights and data to help you navigate the market entry process for Durum Wheat in the Middle East. From official data sources to trade shows and exhibitions, leverage the expertise of authorities and tools like the IndexBox market intelligence platform to make informed decisions.
Understanding the Market
Before entering any market, it is essential to have a comprehensive understanding of its dynamics. The Middle East is a significant consumer and importer of Durum Wheat, making it an attractive market for exporters. Based on consumption volume data from the IndexBox platform, the top five countries in the Middle East for Durum Wheat consumption in 2022 were:
- Turkey - 21.049 million tons
- Iran - 15.072 million tons
- Iraq - 5.766 million tons
- Syrian Arab Republic - 2.874 million tons
- Saudi Arabia - 2.841 million tons
These figures highlight the demand for Durum Wheat in the region and can serve as a starting point for identifying potential target markets in the Middle East.
Similarly, based on import value data from the IndexBox platform, the top five countries in terms of Durum Wheat imports in 2022 were:
- Saudi Arabia - $640.36 million
- Turkey - $308.224 million
- Jordan - $300.832 million
- Lebanon - $236.653 million
- Yemen - $155 million
These numbers indicate the economic potential of these markets for exporters of Durum Wheat.
Official Data Sources and Authorities
When entering any new market, it is essential to gather accurate and up-to-date information from official sources and collaborate with relevant authorities. Some of the key sources and authorities to consult when entering the Middle East market for Durum Wheat include:
- Ministry of Agriculture: The Ministry of Agriculture in each target country can provide valuable information on agricultural policies, regulations, import requirements, and market trends.
- Customs Authorities: Collaborating with customs authorities will ensure compliance with import regulations, including tariffs and inspection procedures.
- Agricultural Trade Associations: Trade associations can provide insights into market dynamics, consumer preferences and connect you with potential buyers and distributors.
- Chamber of Commerce: The local Chamber of Commerce can offer support and guidance on business registration, networking events, and market entry best practices.
- Embassies and Consulates: The diplomatic missions of your country in the target markets can provide assistance, market insights, and facilitate connections with local partners.
By leveraging these resources and collaborating with authorities, you can ensure a smooth market entry process and avoid potential hurdles.
Trade Shows and Exhibitions
Participating in trade shows and exhibitions is an effective way to showcase your product, establish contacts, and gain visibility in the Middle East market for Durum Wheat. Some notable trade shows and exhibitions in the region include:
- Gulfood: Held annually in Dubai, United Arab Emirates, Gulfood is one of the largest food and beverage trade shows in the Middle East. It attracts a wide range of buyers, importers, and distributors from the region.
- Iran Agrofood: This exhibition takes place in Tehran, Iran, and focuses on agriculture, food processing, and packaging. It provides an excellent platform to connect with Iranian buyers and explore business opportunities in the country.
- Foodex Saudi: As the largest food and beverage trade exhibition in Saudi Arabia, Foodex Saudi brings together international exhibitors and Saudi buyers. It offers a unique opportunity to showcase Durum Wheat products in the thriving Saudi Arabian market.
- Lebanon Food & Hospitality Expo: Beirut, Lebanon hosts this annual event that brings together food industry professionals, importers, and distributors. It provides a platform to establish connections and market Durum Wheat products in Lebanon.
- Jordan Food & Hotel Expo: This trade show in Amman, Jordan is dedicated to the food and beverage industry. It attracts key players in the Jordanian market and offers a platform for successful market entry.
Participating in these trade shows and exhibitions will help you network with potential buyers, gain market insights, and establish your brand in the Middle East market for Durum Wheat.
IndexBox Market Intelligence Platform
The IndexBox market intelligence platform is a valuable tool for conducting in-depth market research and analysis. It provides access to a vast amount of data, including detailed statistics on consumption volume, import values, and import prices across various countries and timeframes.
By harnessing the power of the IndexBox platform, you can:
- Identify market trends and patterns
- Compare the performance of different countries
- Understand price dynamics and competitive landscape
- Analyze consumption patterns and forecast future demand
- Stay informed about the latest industry news and developments
By integrating the insights from the IndexBox platform into your market entry strategy, you can make data-driven decisions to maximize your chances of success.
Conclusion
Entering the Middle East market for Durum Wheat requires careful planning, market research, and collaboration with authorities. By utilizing official data sources, seeking help from relevant authorities, and participating in trade shows and exhibitions, you can develop a successful market entry strategy. The IndexBox market intelligence platform serves as a powerful tool to gather and analyze market data, providing valuable insights to guide your decision-making process. With the right approach and the support of these resources, you can establish a strong presence in the Middle East market for Durum Wheat.
This report provides an in-depth analysis of the durum wheat 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 15 - Wheat
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
