MENA: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in MENA

The MENA's market for protein concentrates and flavoured or coloured sugar syrups declined to $X in 2022, which is down by X% against the previous year. The total consumption indicated temperate 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in MENA

In value terms, production of protein concentrates and flavoured or coloured sugar syrups fell to $X in 2022 estimated in export price. Overall, production, however, recorded pronounced growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports in MENA

In 2022, shipments abroad of protein concentrates and flavoured or coloured sugar syrups increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, showed a noticeable shrinkage. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups surged to $X in 2022. Over the period under review, exports, however, showed a noticeable shrinkage. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporter of protein concentrates and flavoured or coloured sugar syrups in MENA, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons), achieving a X% share of total exports. The following exporters - Egypt (X tons) and Israel (X tons) - together made up X% of total exports.

The United Arab Emirates was also the fastest-growing in terms of the protein concentrates and flavoured or coloured sugar syrups exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. By contrast, Egypt (X%) and Israel (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (X p.p.) and Israel (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest protein concentrate and flavoured or coloured sugar syrup supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

In the United Arab Emirates, exports of protein concentrates and flavoured or coloured sugar syrups 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 Egypt (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports in MENA

Imports of protein concentrates and flavoured or coloured sugar syrups reduced to X tons in 2022, with a decrease of X% against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups reached $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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the major importer of protein concentrates and flavoured or coloured sugar syrups, comprising X% of total imports. Bahrain (X tons) took the second position in the ranking, followed by Turkey (X tons), Iraq (X tons), Israel (X tons) and Morocco (X tons). All these countries together took near X% share of total imports. The following importers - Jordan (X tons), Algeria (X tons), Qatar (X tons), Kuwait (X tons), Egypt (X tons) and Oman (X tons) - together made up X% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%), Iraq (X%), Oman (X%), Morocco (X%), Kuwait (X%), Algeria (X%) and Israel (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%), Jordan (X%), Qatar (X%) and Egypt (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Bahrain (X p.p.), Iraq (X p.p.), Israel (X p.p.), Morocco (X p.p.), Oman (X p.p.), Kuwait (X p.p.) and Algeria (X p.p.) significantly strengthened its position in terms of the total imports, while Jordan, Turkey, Qatar and Egypt saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest protein concentrate and flavoured or coloured sugar syrup importing markets in MENA were the United Arab Emirates ($X), Bahrain ($X) and Israel ($X), with a combined X% share of total imports.

Bahrain, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 MENA amounted to $X per ton, growing by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price 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, import price for protein concentrates and flavoured or coloured sugar syrups increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Bahrain ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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