Middle East: Sugar Beet Market 2024

Sugar Beet Market Size in the Middle East

The Middle Eastern sugar beet market rose modestly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Sugar Beet Production in the Middle East

In value terms, sugar beet production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable decline. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Turkey (X tons) constituted the country with the largest volume of sugar beet production, comprising approx. X% of total volume. Moreover, sugar beet production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Turkey totaled X%.

In 2022, the average yield of sugar beet in the Middle East rose significantly to X tons per ha, surging by X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood 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 total area harvested in terms of sugar beet production in the Middle East fell slightly to X ha, waning by X% compared with 2021. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Sugar Beet Exports

Exports in the Middle East

In 2022, approx. X tons of sugar beet were exported in the Middle East; falling by X% compared with 2021 figures. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, sugar beet exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Saudi Arabia (X tons) represented the main exporter of sugar beet, constituting X% of total exports. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Syrian Arab Republic (X%). Lebanon (X tons) followed a long way behind the leaders.

Saudi Arabia was also the fastest-growing in terms of the sugar beet exports, with a CAGR of X% from 2012 to 2022. At the same time, Lebanon (X%), the United Arab Emirates (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. From 2012 to 2022, the share of Saudi Arabia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Saudi Arabia, sugar beet exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

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

Sugar Beet Imports

Imports in the Middle East

In 2022, sugar beet imports in the Middle East skyrocketed to X tons, with an increase of X% compared with the previous year's figure. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sugar beet imports skyrocketed to $X in 2022. In general, imports enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Oman (X tons) was the largest importer of sugar beet, constituting X% of total imports. It was distantly followed by the United Arab Emirates (X tons), achieving an X% share of total imports. Yemen (X tons), Palestine (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

Oman was also the fastest-growing in terms of the sugar beet imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Yemen (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) and Palestine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman, the United Arab Emirates, Yemen, Palestine and Saudi Arabia increased by X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X), the United Arab Emirates ($X) and Palestine ($X) constituted the countries with the highest levels of imports in 2022, 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, in terms of 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

In 2022, the import price in the Middle East amounted to $X per ton, growing by X% against the previous year. In general, the import price enjoyed resilient growth. The growth pace was the most rapid in 2016 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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