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Middle East - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
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Middle East: Oleo Oils Market Overview 2021

Oleo Oils Market Size in the Middle East

The Middle Eastern oleo oils market expanded to $X in 2019, surging by X% against the previous year. The total consumption indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the immediate term.

Oleo Oils Production in the Middle East

In value terms, oleo oils production stood at $X in 2019 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% year-to-year. The level of production peaked in 2019 and is likely to see gradual growth in the immediate term.

Production By Country in the Middle East

The countries with the highest volumes of oleo oils production in 2019 were Turkey (X tonnes), Iran (X tonnes) and Saudi Arabia (X tonnes), together comprising X% of total production. These countries were followed by Iraq, Yemen, Syrian Arab Republic, Oman, Kuwait, Jordan and the United Arab Emirates, which together accounted for a further X 2007 to 2019, the biggest increases were in Oman, while oleo oils production for the other leaders experienced more modest paces of growth.

Oleo Oils Exports

Exports in the Middle East

In 2019, shipments abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Overall, exports showed a noticeable curtailment. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, oleo oils exports fell to $X in 2019. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

In 2019, the United Arab Emirates (X tonnes), followed by Turkey (X tonnes) represented the main exporters of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, together generating X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United Arab Emirates.

In value terms, the largest oleo oils supplying countries in the Middle East were the United Arab Emirates ($X) and Turkey ($X terms of the main exporting countries, the United Arab Emirates recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The oleo oils export price in the Middle East stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while Turkey amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey.

Oleo Oils Imports

Imports in the Middle East

In 2019, after four years of decline, there was significant growth in overseas purchases of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, when their volume increased by X% to X tonnes. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, oleo oils imports skyrocketed to $X in 2019. In general, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2010; however, from 2011 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Lebanon (X tonnes) was the main importer of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, committing X% of total imports. Iraq (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Saudi Arabia (X%), Kuwait (X%), Israel (X%) and Turkey (X%). Oman (X tonnes) followed a long way behind the leaders.

Imports into Lebanon increased at an average annual rate of +X% from 2007 to 2019. At the same time, Israel (+X%), Oman (+X%) and Iraq (+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 2007-2019. By contrast, Kuwait (-X%), Saudi Arabia (-X%) and Turkey (-X%) illustrated a downward trend over the same period. While the share of Lebanon (+X p.p.), Iraq (+X p.p.), Israel (+X p.p.) and Oman (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Saudi Arabia (-X p.p.) and Turkey (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), Lebanon ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by Saudi Arabia, Turkey, Israel and Oman, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The oleo oils import price in the Middle East stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the import price showed a pronounced decrease. The growth pace was the most rapid in 2018 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Kuwait ($X per tonne), while Lebanon ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
The countries with the highest volumes of oleo oils consumption in 2019 were Turkey (719K tonnes), Iran (529K tonnes) and Saudi Arabia (413K tonnes), with a combined 68% share of total consumption. These countries were followed by Iraq, Yemen, Syrian Arab Republic, Oman, Kuwait, Jordan and the United Arab Emirates, which together accounted for a further 27%.
What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
The countries with the highest volumes of oleo oils production in 2019 were Turkey (719K tonnes), Iran (529K tonnes) and Saudi Arabia (413K tonnes), together accounting for 68% of total production. These countries were followed by Iraq, Yemen, Syrian Arab Republic, Oman, Kuwait, Jordan and the United Arab Emirates, which together accounted for a further 27%.
What are the leading exporters of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
In value terms, the largest oleo oils supplying countries in the Middle East were the United Arab Emirates ($29K) and Turkey ($24K).
What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
In value terms, Iraq ($100K), Lebanon ($74K) and Kuwait ($50K) constituted the countries with the highest levels of imports in 2019, with a combined 67% share of total imports. These countries were followed by Saudi Arabia, Turkey, Israel and Oman, which together accounted for a further 29%.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
In 2019, the oleo oils export price in the Middle East amounted to $1,211 per tonne, growing by 71% against the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the the Middle East?
+
In 2019, the oleo oils import price in the Middle East amounted to $1,143 per tonne, declining by -32% against the previous year.

Product coverage:
• Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

This report provides an in-depth analysis of the oleo oils market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bahrain
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the Middle East, split by region and country
• Trade (exports and imports) in the Middle East
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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