Middle East: Oilseeds Meals Market 2020

Oilseeds Meals Market Size in Middle East

The revenue of the oilseeds meals market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The oilseeds meals consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the oilseeds meals market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Oilseeds Meals Production in Middle East

In 2017, the amount of flours and meals of oil seeds or oleaginous fruits produced in Middle East stood at X tons, falling by -X% against the previous year. The oilseeds meals production continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2008, when the output figure increased by -X% year-to-year. Over the period under review, the oilseeds meals production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Oilseeds Meals Exports in Middle East

In 2017, oilseeds meals exports in Middle East stood at X tons, going up by X% against the previous year. The oilseeds meals exports continue to indicate a tangible growth. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the oilseeds meals exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, oilseeds meals exports amounted to $X in 2017. The oilseeds meals exports continue to indicate a prominent increase. Over the period under review, the oilseeds meals exports attained its peak figure level in 2017, and are likely to continue its growth in the near future.

Oilseeds Meals Exports by Country in Middle East

The United Arab Emirates represented the major exporter of flours and meals of oil seeds or oleaginous fruits in Middle East, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. Lebanon (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Turkey (X%). The following exporters - Syrian Arab Republic (X tons), Oman (X tons), Kuwait (X tons) and Jordan (X tons) each reached a X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kuwait (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Turkey (-X%), Syrian Arab Republic (-X%), Jordan (-X%) and Oman (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Oman, Jordan and Turkey increased by X%, X% and X% percentage points, while Kuwait (-X%), Lebanon (-X%) and the United Arab Emirates (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest oilseeds meals markets worldwide were the United Arab Emirates ($X), Lebanon ($X) and Turkey ($X), together accounting for X% of total exports. These countries were followed by Oman, Jordan, Syrian Arab Republic and Kuwait, which together accounted for a further X%.

Kuwait (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Oilseeds Meals Export Prices by Country in Middle East

In 2017, the oilseeds meals export price in Middle East amounted to $X per ton, going down by -X% against the previous year. The export price indicated a slight growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2009, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

Oilseeds Meals Imports in Middle East

In 2017, approx. X tons of flours and meals of oil seeds or oleaginous fruits were imported in Middle East; increasing by X% against the previous year. The oilseeds meals imports continue to indicate a strong growth. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. Over the period under review, the oilseeds meals imports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, oilseeds meals imports stood at $X in 2017. The oilseeds meals imports continue to indicate a prominent growth. Over the period under review, the oilseeds meals imports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Oilseeds Meals Imports by Country in Middle East

Turkey prevails in oilseeds meals imports structure, accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by Qatar (X tons), achieving X% share of total imports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Turkey was also the fastest growing in terms of the flours and meals of oil seeds or oleaginous fruits imports, with a CAGR of +X% from 2007 to 2017. At the same time, Qatar (+X%) displayed positive paces of growth. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates increased by X% percentage points, while Qatar (-X%) and Turkey (-X%) saw their share reduced.

In value terms, Turkey ($X) constitutes the largest market for imported flours and meals of oil seeds or oleaginous fruits in Middle East, making up X% of global imports. The second position in the ranking was occupied by Qatar ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, oilseeds meals imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Qatar (+X% per year) and the United Arab Emirates (-X% per year).

Oilseeds Meals Import Prices by Country in Middle East

The oilseeds meals import price in Middle East stood at $X per ton in 2017, lowering by -X% against the previous year. The oilseeds meals import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for flours and meals of oil seeds or oleaginous fruits attained its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform