Middle East: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in the Middle East

The Middle Eastern starch manufacture residues market reached $X in 2022, growing by X% against the previous year. The total consumption indicated resilient 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, consumption decreased by X% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Starch Manufacture Residues Production in the Middle East

In value terms, starch manufacture residues production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Starch Manufacture Residues Exports

Exports in the Middle East

In 2022, after two years of growth, there was significant decline in shipments abroad of residues of starch manufacture, when their volume decreased by X% to X tons. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, starch manufacture residues exports reduced to $X in 2022. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey was the largest exporter of residues of starch manufacture in the Middle East, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Israel (X tons), mixing up a X% share of total exports. The following exporters - the United Arab Emirates (X tons) and Saudi Arabia (X tons) - each recorded a X% share of total exports.

Turkey was also the fastest-growing in terms of the residues of starch manufacture exports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%) and Saudi Arabia (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Israel and Saudi Arabia increased by X, X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest starch manufacture residues supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, starch manufacture residues exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

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

Starch Manufacture Residues Imports

Imports in the Middle East

In 2022, imports of residues of starch manufacture in the Middle East declined remarkably to X tons, with a decrease of X% on 2021 figures. Over the period under review, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, starch manufacture residues imports contracted notably to $X in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. Iran (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Jordan (X%). Palestine (X tons), Oman (X tons) and Qatar (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to starch manufacture residues imports into Turkey stood at X%. At the same time, Palestine (X%) and Jordan (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 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Qatar (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Jordan, Iran, Palestine, Oman and Qatar increased by X, X, X, X and X percentage points, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported residues of starch manufacture in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Jordan ($X), with a X% share of total imports. It was followed by Palestine, with a X% share.

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

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform