Middle East: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in the Middle East

In 2020, the Middle Eastern frozen boiled potatoes market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Frozen Boiled Potatoes Production in the Middle East

In value terms, frozen boiled potatoes production declined to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in the Middle East

The countries with the highest volumes of frozen boiled potatoes production in 2020 were Turkey (X tons), Iran (X tons) and Saudi Arabia (X tons), with a combined X% share of total production. These countries were followed by Syrian Arab Republic, Israel and Lebanon, which together accounted for a further X 2007 to 2020, the biggest increases were in Israel, while frozen boiled potatoes production for the other leaders experienced more modest paces of growth.

Frozen Boiled Potatoes Exports

Exports in the Middle East

In 2020, after two years of growth, there was decline in overseas shipments of frozen boiled potatoes, when their volume decreased by X% to X tons. In general, exports, however, posted pronounced growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2019, and then dropped slightly in the following year.

In value terms, frozen boiled potatoes exports expanded modestly to $X in 2020. Overall, exports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Lebanon (X tons) represented the main exporter of frozen boiled potatoes, generating X% of total exports. The United Arab Emirates (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Syrian Arab Republic (X%). Turkey (X tons), Jordan (X tons), Iran (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

Lebanon was also the fastest-growing in terms of the frozen boiled potatoes exports, with a CAGR of +X% from 2007 to 2020. At the same time, the United Arab Emirates (+X%), Turkey (+X%) and Jordan (+X%) displayed positive paces of growth. Syrian Arab Republic and Iran experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Lebanon, Syrian Arab Republic, the United Arab Emirates and Turkey increased by +X%, +X%, +X% and +X% percentage points, while Iran (-X p.p.) and Saudi Arabia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen boiled potatoes supplying countries in the Middle East were Lebanon ($X), the United Arab Emirates ($X) and Syrian Arab Republic ($X), together comprising X% of total exports.

Lebanon recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The frozen boiled potatoes export price in the Middle East stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per ton), while Jordan ($X per ton) 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.

Frozen Boiled Potatoes Imports

Imports in the Middle East

In 2020, the amount of frozen boiled potatoes imported in the Middle East rose notably to X tons, surging by X% against the previous year. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, frozen boiled potatoes imports shrank slightly to $X in 2020. Overall, imports, however, saw a pronounced setback. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2017 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Saudi Arabia (X tons) represented the main importer of frozen boiled potatoes, constituting X% of total imports. It was distantly followed by Oman (X tons), the United Arab Emirates (X tons) and Palestine (X tons), together creating a X% share of total imports. Bahrain (X tons), Jordan (X tons) and Qatar (X tons) held a relatively small share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Palestine (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Oman (-X%), Jordan (-X%), the United Arab Emirates (-X%) and Qatar (-X%) illustrated a downward trend over the same period. Saudi Arabia (+X p.p.), Palestine (+X p.p.), Oman (+X p.p.), Qatar (+X p.p.) and Bahrain (+X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported frozen boiled potatoes in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Palestine, with a X% share.

In Saudi Arabia, frozen boiled potatoes imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Palestine (+X% per year).

Import Prices by Country

In 2020, the frozen boiled potatoes import price in the Middle East amounted to $X per ton, dropping by -X% against the previous year. Overall, the import price, however, continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) 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.

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Source: IndexBox Platform

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