Middle East: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in the Middle East

The Middle Eastern agricultural product dryer market rose notably to $X in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a noticeable reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Agricultural Product Dryer Production in the Middle East

In value terms, agricultural product dryer production totaled $X in 2022 estimated in export price. The total production indicated mild 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Agricultural Product Dryer Exports

Exports in the Middle East

In 2022, overseas shipments of dryers for the treatment of agricultural products decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X units in 2021, and then declined markedly in the following year.

In value terms, agricultural product dryer exports reduced dramatically to $X in 2022. In general, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Turkey (X units) and Oman (X units) represented roughly X% of total exports in 2022. The United Arab Emirates (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%) and Israel (X%). Jordan (X units) and Syrian Arab Republic (X units) followed a long way behind the leaders.

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

In value terms, Turkey ($X) remains the largest agricultural product dryer supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Jordan, with a X% share.

In Turkey, agricultural product dryer exports plunged by 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 Jordan (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($X per unit), while Oman ($X per unit) was amongst the lowest.

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

Agricultural Product Dryer Imports

Imports in the Middle East

In 2022, purchases abroad of dryers for the treatment of agricultural products increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, imports posted tangible growth. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, agricultural product dryer imports expanded remarkably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey was the major importer of dryers for the treatment of agricultural products in the Middle East, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Lebanon (X units) took the second position in the ranking, distantly followed by Iraq (X units) and Israel (X units). All these countries together held near X% share of total imports. The following importers - the United Arab Emirates (X units), Kuwait (X units), Qatar (X units) and Iran (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to agricultural product dryer imports into Turkey stood at X%. At the same time, Lebanon (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Israel, the United Arab Emirates and Kuwait experienced a relatively flat trend pattern. By contrast, Qatar (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Lebanon and Iraq 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 ($X) constitutes the largest market for imported dryers for the treatment of agricultural products in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iraq ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Iraq (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Iran ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform

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