Middle East - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights

Middle East: Preserved Sweet Corn Market Overview 2019

Preserved Sweet Corn Market Size in the Middle East

The revenue of the preserved sweet corn market in Middle East amounted to $X in 2017, coming up by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the preserved sweet corn consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. The level of preserved sweet corn consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Preserved Sweet Corn Production in the Middle East

In 2017, the amount of sweet corn prepared or preserved produced in Middle East totaled X tonnes, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the preserved sweet corn production attained their peak volume, and is likely to continue its growth in the immediate term.

Israel (X tonnes) constituted the country with the largest volume of preserved sweet corn production, accounting for X% of total production.

From 2007 to 2017, the average annual rate of growth in terms of volume in Israel stood at -X%.

Preserved Sweet Corn Exports

Exports in the Middle East

In 2017, the amount of sweet corn prepared or preserved exported in Middle East totaled X tonnes, growing by X% against the previous year. The preserved sweet corn exports continue to indicate a strong increase. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, preserved sweet corn exports stood at $X in 2017. The preserved sweet corn exports continue to indicate a remarkable expansion. Over the period under review, the preserved sweet corn exports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Exports by Country

The United Arab Emirates dominates preserved sweet corn exports structure, recording X tonnes, which was approx. X% of total exports in 2017. Palestine (X tonnes) held the second position in the ranking, followed by Saudi Arabia (X tonnes). All these countries together held approx. X% share of total exports. Turkey (X tonnes) and Yemen (X tonnes) followed a long way behind the leaders.

The United Arab Emirates was also the fastest growing in terms of the sweet corn prepared or preserved exports, with a CAGR of +X% from 2007 to 2017. At the same time, Yemen (+X%), Saudi Arabia (+X%), Turkey (+X%) and Palestine (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Yemen, Turkey, Saudi Arabia and the United Arab Emirates decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest preserved sweet corn supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, preserved sweet corn exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Turkey (+X% per year).

Export Prices by Country

In 2017, the preserved sweet corn export price in Middle East amounted to $X per tonne, reducing by -X% against the previous year. The preserved sweet corn export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% year-to-year. In that year, the export prices for sweet corn prepared or preserved attained their peak level of $X per tonne. From 2014 to 2017, growth of the export prices for sweet corn prepared or preserved failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Saudi Arabia ($X per tonne), while Yemen ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Preserved Sweet Corn Imports

Imports in the Middle East

In 2017, the amount of sweet corn prepared or preserved imported in Middle East amounted to X tonnes, coming up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, preserved sweet corn imports totaled $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the preserved sweet corn imports increased by +X% against 2014 indices. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Imports by Country

The imports of the four major importers of sweet corn prepared or preserved, namely Saudi Arabia, the United Arab Emirates, Lebanon and Turkey, represented more than half of total import. Jordan (X tonnes) held the second position in the ranking, followed by Israel (X tonnes) and Kuwait (X tonnes). All these countries together took approx. X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved sweet corn markets worldwide were Saudi Arabia ($X), Turkey ($X) and Lebanon ($X), together comprising X% of total imports.

In terms of the main importing countries, Turkey (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the preserved sweet corn import price in Middle East amounted to $X per tonne, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for sweet corn prepared or preserved reached its peak figure level of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform