Middle East: Carob Market 2024

Carob Market Size in the Middle East

In 2022, the Middle Eastern carob market decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption posted a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Carob Production in the Middle East

In value terms, carob production shrank markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Turkey (X tons) remains the largest carob producing country in the Middle East, accounting for X% of total volume. Moreover, carob production in Turkey exceeded the figures recorded by the second-largest producer, Lebanon (X tons), fourfold.

In Turkey, carob production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Lebanon (X% per year) and Jordan (X.1% per year).

The average carob yield amounted to X tons per ha in 2022, with an increase of X% on the previous year. Overall, the yield enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. The level of yield peaked in 2022 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of carob were harvested in the Middle East; growing by X% compared with 2021. Overall, the harvested area, however, continues to indicate a perceptible setback. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Carob Exports

Exports in the Middle East

In 2022, shipments abroad of carob increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carob exports surged to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Lebanon (X tons) and Turkey (X tons) prevails in exports structure, together constituting X% of total exports. It was distantly followed by Jordan (X tons), mixing up a X% share of total exports.

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

In value terms, the largest carob supplying countries in the Middle East were Lebanon ($X), Turkey ($X) and Jordan ($X), with a combined X% share of total exports.

Lebanon, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated prominent growth 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, carob export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 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 Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

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

Carob Imports

Imports in the Middle East

In 2022, purchases abroad of carob decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, carob imports declined remarkably to $X in 2022. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) was the major importer of carob, making up X% of total imports. Israel (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Jordan (X%). Lebanon (X tons) and Palestine (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Lebanon (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Palestine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and Israel increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported carob in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Palestine, with a X% share.

In Turkey, carob imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and Palestine (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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