Middle East: Plantain Market 2024

Plantain Market Size in the Middle East

The Middle Eastern plantain market was estimated at $X in 2022, picking up by X% against the previous year. The total consumption indicated a strong expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Plantain Production in the Middle East

In value terms, plantain production dropped modestly to $X in 2022 estimated in export price. The total production indicated tangible 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 2017 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Lebanon (X tons) remains the largest plantain producing country in the Middle East, comprising approx. X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Lebanon stood at X%.

Plantain Exports

Exports in the Middle East

For the third year in a row, the Middle East recorded growth in overseas shipments of plantains, which increased by X% to X tons in 2022. Overall, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, plantain exports expanded sharply to $X in 2022. Over the period under review, exports recorded a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the major exporter of plantains, committing X% of total exports. Lebanon (X tons) took the second position in the ranking, distantly followed by Saudi Arabia (X tons) and Oman (X tons). All these countries together held approx. X% share of total exports.

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

In value terms, the United Arab Emirates ($X) emerged as the largest plantain supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports. It was followed by Saudi Arabia, with an X% share.

In the United Arab Emirates, plantain exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, which is down by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price 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, plantain export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 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 Saudi Arabia ($X per ton), while Oman ($X per ton) 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 mixed trends in the export price figures.

Plantain Imports

Imports in the Middle East

In 2022, the amount of plantains imported in the Middle East totaled X tons, growing by X% compared with the year before. Total imports indicated a prominent expansion 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 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plantain imports soared to $X in 2022. Total imports indicated a remarkable 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. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of plantain imports in 2022 were the United Arab Emirates (X tons), Qatar (X tons) and Palestine (X tons), together resulting at X% of total import. Bahrain (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (X%). Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plantain importing markets in the Middle East were Qatar ($X), the United Arab Emirates ($X) and Palestine ($X), together comprising X% of total imports.

The United Arab Emirates, with a CAGR of 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 import price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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