MENA: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in MENA

In 2022, the MENA's market for malt extract and food preparations of flour, meal, and starches decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, continues to indicate a resilient expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in MENA

In value terms, production of malt extract and food preparations of flour, meal, and starches shrank significantly to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X,590,500% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a lower figure.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports in MENA

Exports of malt extract and food preparations of flour, meal, and starches shrank to X tons in 2022, with a decrease of X% on 2021 figures. Overall, exports, however, saw a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, exports of malt extract and food preparations of flour, meal, and starches soared to $X in 2022. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates was the major exporting country with an export of around X tons, which accounted for X% of total exports. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by Iran (X%) and Jordan (X%). The following exporters - Saudi Arabia (X tons), Oman (X tons) and Kuwait (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to malt extract and food preparations of flour, meal, and starch exports from the United Arab Emirates stood at X%. At the same time, Oman (X%), Jordan (X%), Iran (X%), Turkey (X%), Kuwait (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.), Jordan (X p.p.), Iran (X p.p.), Oman (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest malt extract and food preparations of flour, meal, and starch supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Iran, with an X% share.

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

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports in MENA

In 2022, purchases abroad of malt extract and food preparations of flour, meal, and starches decreased by X% to X tons, falling for the second year in a row after nine years of growth. Over the period under review, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of malt extract and food preparations of flour, meal, and starches fell remarkably to $X in 2022. Total imports indicated strong 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Iraq (X tons), distantly followed by Yemen (X tons), the United Arab Emirates (X tons), Libya (X tons), Israel (X tons) and Djibouti (X tons) represented the main importers of malt extract and food preparations of flour, meal, and starches, together generating X% of total imports. Lebanon (X tons), Saudi Arabia (X tons), Turkey (X tons), Jordan (X tons), Egypt (X tons), Algeria (X tons) and Morocco (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) constitutes the largest market for imported malt extract and food preparations of flour, meal, and starches in MENA, comprising X% of total imports. The second position in the ranking was taken by Yemen ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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