MENA: Preserved Asparagus Market 2024

Preserved Asparagus Market Size in MENA

The MENA's preserved asparagus market rose slightly to $X in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a slight decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Preserved Asparagus Production in MENA

In value terms, preserved asparagus production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Preserved Asparagus Exports

Exports in MENA

In 2022, overseas shipments of preserved asparagus increased by X% to X tons, rising for the fifth year in a row after three years of decline. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved asparagus exports surged to $X in 2022. Over the period under review, exports saw a temperate expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the major exporter of preserved asparagus in MENA, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Turkey (X tons) took the second position in the ranking, distantly followed by Israel (X tons). All these countries together took near X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%) and Israel (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Turkey increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest preserved asparagus supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports.

In the United Arab Emirates, preserved asparagus exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2016; however, from 2017 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 Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

Preserved Asparagus Imports

Imports in MENA

In 2022, supplies from abroad of preserved asparagus increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, preserved asparagus imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Israel (X tons), Saudi Arabia (X tons), Lebanon (X tons) and Turkey (X tons) were the largest importers of preserved asparagus, together making up X% of total imports. The following importers - Morocco (X tons) and Algeria (X tons) - each amounted to an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest preserved asparagus importing markets in MENA were the United Arab Emirates ($X), Israel ($X) and Lebanon ($X), with a combined X% share of total imports. Turkey, Saudi Arabia, Morocco and Algeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Algeria, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in MENA amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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 Lebanon ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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