MENA: Market for Starch other than Wheat, Corn or Potato 2024

Market Size for Starch other than Wheat, Corn or Potato in MENA

The MENA's market for starch other than wheat, corn or potato reached $X in 2022, surging by X% against the previous year. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Starch other than Wheat, Corn or Potato in MENA

In value terms, production of starch other than wheat, corn or potato expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Starch other than Wheat, Corn or Potato

Exports in MENA

Exports of starch other than wheat, corn or potato reduced modestly to X tons in 2022, shrinking by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of starch other than wheat, corn or potato stood at $X in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Israel prevails in potato structure, finishing at X tons, which was near X% of total exports in 2022. The United Arab Emirates (X tons) held the second position in the ranking, followed by Egypt (X tons). All these countries together held approx. X% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

Israel was also the fastest-growing in terms of the starch other than wheat, corn or potato exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest starch other than wheat, corn or potato supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

In Israel, exports of starch other than wheat, corn or potato expanded at 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: the United Arab Emirates (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a strong expansion. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Starch other than Wheat, Corn or Potato

Imports in MENA

Imports of starch other than wheat, corn or potato skyrocketed to X tons in 2022, growing by X% compared with 2021 figures. Over the period under review, imports, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of starch other than wheat, corn or potato, namely Kuwait, Algeria, Oman, Israel and the United Arab Emirates, represented more than two-thirds of total import. Qatar (X tons) took the next position in the ranking, followed by Turkey (X tons). All these countries together took approx. X% share of total imports.

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

In value terms, Kuwait ($X), Oman ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Kuwait, 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

In 2022, the import price in MENA amounted to $X per ton, picking up by X% against the previous year. Import price indicated a temperate increase 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 starch other than wheat, corn or potato increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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