Middle East: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in the Middle East

The Middle Eastern peach and nectarine market reached $X in 2022, surging by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Peach And Nectarine Production in the Middle East

In value terms, peach and nectarine production expanded slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Iran (X tons) and Lebanon (X tons), together accounting for X% of total production.

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

The average peach and nectarine yield stood at X tons per ha in 2022, with an increase of X% compared with 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the peach and nectarine yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the peach and nectarine harvested area in the Middle East rose to X ha, picking up by X% against the year before. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

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Peach And Nectarine Exports

Exports in the Middle East

For the third year in a row, the Middle East recorded growth in shipments abroad of peaches and nectarines, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, peach and nectarine exports dropped modestly to $X in 2022. Overall, exports posted a prominent increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Turkey was the major exporter of peaches and nectarines in the Middle East, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Iran (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%) and Jordan (X%). The United Arab Emirates (X tons) followed a long way behind the leaders.

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

In value terms, Turkey ($X) remains the largest peach and nectarine supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Jordan (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Peach And Nectarine Imports

Imports in the Middle East

In 2022, purchases abroad of peaches and nectarines decreased by X% to X tons, falling for the third year in a row after three years of growth. Total imports indicated perceptible growth from 2012 to 2022: its volume 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 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, peach and nectarine imports contracted to $X in 2022. Total imports indicated a pronounced increase 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. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell slightly in the following year.

Imports by Country

Iraq represented the main importer of peaches and nectarines in the Middle East, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Saudi Arabia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%). The following importers - Palestine (X tons), Syrian Arab Republic (X tons), Oman (X tons) and Kuwait (X tons) - together made up X% of total imports.

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

In value terms, the largest peach and nectarine importing markets in the Middle East were Iraq ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Palestine, Oman, Kuwait and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. In general, the import price saw a mild decline. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 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 Kuwait ($X per ton), while Syrian Arab Republic ($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 more modest paces of growth.

Source: IndexBox Platform

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