MENA: Chicory Market 2024

Chicory Market Size in MENA

After five years of decline, the MENA's chicory market increased by X% to $X in 2022. Overall, consumption, however, recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Chicory Production in MENA

In value terms, chicory production expanded modestly to $X in 2022 estimated in export price. The total production indicated a slight 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The country with the largest volume of chicory production was Qatar (X tons), comprising approx. X% of total volume. Moreover, chicory production in Qatar exceeded the figures recorded by the second-largest producer, Egypt (X tons), eightfold. Turkey (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Qatar was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Egypt (X% per year) and Turkey (X% per year).

The average chicory yield stood at X tons per ha in 2022, approximately reflecting 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the chicory yield reached the peak level at X tons per ha in 2014; however, from 2015 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chicory harvested area totaled X ha in 2022, standing approx. at the previous year's figure. Over the period under review, the harvested area recorded mild growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to chicory production attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Chicory Exports

Exports in MENA

Chicory exports expanded rapidly to X kg in 2022, picking up by X% against 2021 figures. Over the period under review, exports, however, showed a dramatic shrinkage. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chicory exports expanded notably to $X in 2022. In general, exports, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt prevails in exports structure, accounting for X kg, which was near X% of total exports in 2022. It was distantly followed by Turkey (X kg), constituting a X% share of total exports. The United Arab Emirates (X kg) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chicory exports from Egypt stood at X%. Turkey (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Egypt, chicory exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (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, approximately equating the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. 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 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 Egypt (X%), while the other leaders experienced more modest paces of growth.

Chicory Imports

Imports in MENA

In 2022, supplies from abroad of chicory increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, chicory imports rose notably to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the one major importers of chicory, namely Yemen, represented more than two-thirds of total import.

Yemen was also the fastest-growing in terms of the chicory imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Yemen increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Yemen ($X) constitutes the largest market for imported chicory in MENA.

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

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Yemen.

From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to X% per year.

Source: IndexBox Platform

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