GCC: Orange Market 2024

Orange Market Size in GCC

The GCC orange market amounted to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Orange Production in GCC

In value terms, orange production rose rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a mild slump. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Kuwait (X tons) remains the largest orange producing country in GCC, accounting for X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Kuwait stood at X%.

The average orange yield shrank to X tons per ha in 2022, which is down by X% against 2021. Overall, the yield recorded a sharp setback. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the orange harvested area in GCC skyrocketed to X ha, jumping by X% against the previous year's figure. The total harvested area indicated a mild expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange harvested area decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to orange production attained the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Orange Exports

Exports in GCC

In 2022, overseas shipments of oranges increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, orange exports surged to $X in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The United Arab Emirates represented the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Oman (X tons), comprising a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the oranges exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%.

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. Overall, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%).

Orange Imports

Imports in GCC

In 2022, the amount of oranges imported in GCC expanded notably to X tons, surging by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, orange imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Saudi Arabia represented the major importer of oranges in GCC, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%) and Kuwait (X%). The following importers - Qatar (X tons) and Bahrain (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest orange importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X), with a combined X% share of total imports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, 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.

Source: IndexBox Platform

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