GCC: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in GCC

The GCC agricultural product dryer market reduced modestly to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Agricultural Product Dryer Production in GCC

In value terms, agricultural product dryer production contracted to $X in 2023 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Agricultural Product Dryer Exports

Exports in GCC

After two years of decline, overseas shipments of dryers for the treatment of agricultural products increased by X% to X units in 2023. In general, exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, agricultural product dryer exports surged to $X in 2023. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2023, the United Arab Emirates (X units), distantly followed by Oman (X units) represented the major exporters of dryers for the treatment of agricultural products, together mixing up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of X%).

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

In the United Arab Emirates, agricultural product dryer exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in GCC stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price saw notable growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%).

Agricultural Product Dryer Imports

Imports in GCC

In 2023, approx. X units of dryers for the treatment of agricultural products were imported in GCC; with an increase of X% against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, agricultural product dryer imports surged to $X in 2023. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kuwait was the key importing country with an import of around X units, which recorded X% of total imports. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Oman (X units) and Bahrain (X units). All these countries together took approx. X% share of total imports.

Kuwait was also the fastest-growing in terms of the dryers for the treatment of agricultural products imports, with a CAGR of X% from 2012 to 2023. At the same time, Bahrain (X%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Oman saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported dryers for the treatment of agricultural products in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, agricultural product dryer imports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Oman ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform