MENA: Cereal Flour Market 2024

Cereal Flour Market Size in MENA

The MENA's cereal flour market contracted slightly to $X in 2023, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Cereal Flour Production in MENA

In value terms, cereal flour production expanded markedly to $X in 2023 estimated in export price. Overall, production enjoyed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Cereal Flour Exports

Exports in MENA

In 2023, the amount of cereal flours exported in MENA skyrocketed to X tons, increasing by X% compared with 2022 figures. Total exports indicated strong growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal flour exports surged to $X in 2023. Total exports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Turkey (X tons) represented the major exporter of cereal flours, committing X% of total exports. It was distantly followed by Egypt (X tons), achieving a X% share of total exports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to cereal flour exports from Turkey stood at X%. At the same time, Egypt (X%) and Oman (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest cereal flour supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

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

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

Cereal Flour Imports

Imports in MENA

In 2023, approx. X tons of cereal flours were imported in MENA; remaining stable against the previous year. Total imports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, cereal flour imports dropped to $X in 2023. Total imports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

Iraq represented the main importing country with an import of around X tons, which accounted for X% of total imports. Yemen (X tons) took the second position in the ranking, followed by Syrian Arab Republic (X tons) and the United Arab Emirates (X tons). All these countries together took approx. X% share of total imports. Djibouti (X tons), Palestine (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to cereal flour imports into Iraq stood at X%. At the same time, Yemen (X%), Syrian Arab Republic (X%), Djibouti (X%), Palestine (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Yemen, Syrian Arab Republic and Djibouti increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X) constitutes the largest market for imported cereal flours in MENA, comprising X% of total imports. The second position in the ranking was taken by Yemen ($X), with an X% share of total imports. It was followed by Syrian Arab Republic, with a X% share.

In Iraq, cereal flour imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Yemen (X% per year) and Syrian Arab Republic (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, declining by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

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

Source: IndexBox Platform