GCC: Dried Vegetables Market 2024

Dried Vegetables Market Size in GCC

The GCC dried vegetables market dropped dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption, however, showed prominent growth. The level of consumption peaked at $X in 2021, and then contracted significantly in the following year.

Dried Vegetables Production in GCC

In value terms, dried vegetables production contracted to $X in 2022 estimated in export price. Overall, production, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dried Vegetables Exports

Exports in GCC

For the fourth consecutive year, GCC recorded growth in shipments abroad of dried vegetables and mixtures of vegetables, which increased by X% to X tons in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, dried vegetables exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), committing a X% share of total exports. Oman (X tons) held a relatively small share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) and Oman (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) and Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest dried vegetables supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded tangible growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Dried Vegetables Imports

Imports in GCC

In 2022, purchases abroad of dried vegetables and mixtures of vegetables decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable decline. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, dried vegetables imports reduced notably to $X in 2022. Over the period under review, imports, however, saw measured growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the major importer of dried vegetables and mixtures of vegetables in GCC, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Oman (X%) and Bahrain (X%). Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dried vegetables imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Oman (X%), Kuwait (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. While the share of Oman (X p.p.), Kuwait (X p.p.), Bahrain (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported dried vegetables and mixtures of vegetables in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with a X% share of total imports. It was followed by Kuwait, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Oman (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price recorded prominent growth. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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