MENA: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in MENA

The MENA's preserved sweet corn market reduced markedly to $X in 2022, declining by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Preserved Sweet Corn Production in MENA

In value terms, preserved sweet corn production skyrocketed to $X in 2022 estimated in export price. Overall, production saw resilient growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The country with the largest volume of preserved sweet corn production was Saudi Arabia (X tons), accounting for X% of total volume. Moreover, preserved sweet corn production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Israel (X tons), fourfold.

In Saudi Arabia, preserved sweet corn production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Israel (X% per year) and Turkey (X% per year).

Preserved Sweet Corn Exports

Exports in MENA

In 2022, the amount of sweet corn prepared or preserved exported in MENA contracted notably to X tons, with a decrease of X% against the previous year's figure. In general, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, preserved sweet corn exports shrank modestly to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Turkey represented the main exporter of sweet corn prepared or preserved in MENA, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total exports with a X% share, followed by Palestine (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Palestine (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Preserved Sweet Corn Imports

Imports in MENA

In 2022, preserved sweet corn imports in MENA fell markedly to X tons, waning by X% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, preserved sweet corn imports contracted notably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of preserved sweet corn imports in 2022 were the United Arab Emirates (X tons), Morocco (X tons), Lebanon (X tons), Algeria (X tons), Iraq (X tons), Israel (X tons), Jordan (X tons), Kuwait (X tons) and Turkey (X tons), together amounting to X% of total import.

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

In value terms, Morocco ($X), the United Arab Emirates ($X) and Lebanon ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Israel, Algeria, Jordan, Kuwait, Iraq and Turkey lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Iraq, with a CAGR of X%, recorded 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

The import price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. 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 attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Turkey ($X per ton), while Lebanon ($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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