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Middle East - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Middle East: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in the Middle East

In 2020, the Middle Eastern peanut butter market decreased by -X% to $X, falling for the second year in a row after three years of growth. The total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2012 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Peanut Butter Production in the Middle East

In value terms, peanut butter production contracted to $X in 2020 estimated in export prices. The total production indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a somewhat lower figure.

Production By Country in the Middle East

The country with the largest volume of peanut butter production was Iran (X tonnes), comprising approx. X% of total volume. Moreover, peanut butter production in Iran exceeded the figures recorded by the second-largest producer, Iraq (X tonnes), threefold. Syrian Arab Republic (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Iran stood at +X%. In the other countries, the average annual rates were as follows: Iraq (+X% per year) and Syrian Arab Republic (+X% per year).

Peanut Butter Exports

Exports in the Middle East

In 2020, exports of peanut butter and prepared or preserved groundnuts in the Middle East dropped markedly to X tonnes, waning by -X% compared with the previous year's figure. In general, exports, however, posted a strong expansion. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2019, and then declined significantly in the following year.

In value terms, peanut butter exports shrank dramatically to $X in 2020. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of export peaked at $X in 2019, and then dropped sharply in the following year.

Exports by Country

In 2020, the United Arab Emirates (X tonnes) represented the key exporter of peanut butter and prepared or preserved groundnuts, creating X% of total exports. It was distantly followed by Turkey (X tonnes), creating a X% share of total exports. Saudi Arabia (X tonnes), Oman (X tonnes), Israel (X tonnes) and Lebanon (X tonnes) occupied a minor share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman, while exports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest peanut butter supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the United Arab Emirates totaled +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

In 2020, the peanut butter export price in the Middle East amounted to $X per tonne, declining by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, export prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Saudi Arabia ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Peanut Butter Imports

Imports in the Middle East

In 2020, purchases abroad of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, peanut butter imports shrank rapidly to $X in 2020. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Iraq (X tonnes), Israel (X tonnes) and Iran (X tonnes) represented the main importer of peanut butter and prepared or preserved groundnuts in the Middle East, mixing up X% of total import. It was distantly followed by Yemen (X tonnes), generating a X% share of total imports. Kuwait (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Iraq, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports. Iraq, Iran, Yemen and Kuwait lagged somewhat behind, together comprising a further X the main importing countries, Iraq saw 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 peanut butter import price in the Middle East stood at $X per tonne in 2020, surging by X% against the previous year. Import price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, peanut butter import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2012 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the the Middle East?
+
Iran (81K tonnes) constituted the country with the largest volume of peanut butter consumption, accounting for 32% of total volume. Moreover, peanut butter consumption in Iran exceeded the figures recorded by the second-largest consumer, Iraq (35K tonnes), twofold. The third position in this ranking was occupied by Saudi Arabia (32K tonnes), with a 12% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the the Middle East?
+
Iran (76K tonnes) remains the largest peanut butter producing country in the Middle East, comprising approx. 36% of total volume. Moreover, peanut butter production in Iran exceeded the figures recorded by the second-largest producer, Iraq (25K tonnes), threefold. The third position in this ranking was occupied by Syrian Arab Republic (25K tonnes), with a 12% share.
What are the leading exporters of peanut butter and prepared or preserved groundnuts in the the Middle East?
+
In value terms, the United Arab Emirates ($18M) remains the largest peanut butter supplier in the Middle East, comprising 63% of total exports. The second position in the ranking was occupied by Turkey ($6.4M), with a 23% share of total exports. It was followed by Saudi Arabia, with a 5.7% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts in the the Middle East?
+
In value terms, Saudi Arabia ($37M), the United Arab Emirates ($28M) and Israel ($22M) were the countries with the highest levels of imports in 2020, together comprising 65% of total imports. These countries were followed by Iraq, Iran, Yemen and Kuwait, which together accounted for a further 27%.
What is the average export price for peanut butter and prepared or preserved groundnuts in the the Middle East?
+
The peanut butter export price in the Middle East stood at $3,654 per tonne in 2020, which is down by -8.9% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in the the Middle East?
+
The peanut butter import price in the Middle East stood at $2,443 per tonne in 2020, picking up by 6.9% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter 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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