MENA: Canary Seed Market 2024

Canary Seed Market Size in MENA

The MENA's canary seed market surged to $X in 2022, jumping by X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value 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, consumption increased by X% against 2015 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Canary Seed Production in MENA

In value terms, canary seed production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in years to come.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Egypt (X tons) and Saudi Arabia (X tons), together accounting for X% of total production.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average canary seed yield soared to X tons per ha in 2022, growing by X% compared with 2021 figures. Over the period under review, the yield, however, faced a abrupt shrinkage. Over the period under review, the canary seed yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the canary seed harvested area in MENA shrank markedly to X ha, reducing by X% against the year before. Overall, the harvested area, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then dropped rapidly in the following year.

Canary Seed Exports

Exports in MENA

In 2022, the amount of canary seed exported in MENA surged to X tons, with an increase of X% on 2021. Overall, exports showed prominent growth. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, canary seed exports surged to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the key exporting country with an export of around X tons, which recorded X% of total exports. Egypt (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to canary seed exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) emerged as the largest canary seed supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the United Arab Emirates ($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 a decline in the export price figures.

Canary Seed Imports

Imports in MENA

In 2022, canary seed imports in MENA dropped to X tons, with a decrease of X% compared with the previous year's figure. Total imports indicated perceptible growth from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canary seed imports fell to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Algeria (X tons), Kuwait (X tons), Turkey (X tons), Morocco (X tons), Tunisia (X tons), Egypt (X tons), Libya (X tons), Bahrain (X tons), Oman (X tons), Jordan (X tons) and Syrian Arab Republic (X tons) was the major importer of canary seed in MENA, generating X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading 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 canary seed importing markets in MENA were Morocco ($X), Algeria ($X) and Kuwait ($X), together comprising X% of total imports. Egypt, Turkey, Libya, Tunisia, Jordan, Bahrain, Syrian Arab Republic and Oman lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :