Middle East: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in the Middle East

In 2022, the Middle Eastern preserved and frozen vegetable market decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, posted strong growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Vegetables (Preserved, Frozen) in the Middle East

In value terms, preserved and frozen vegetable production contracted remarkably to $X in 2022 estimated in export price. Overall, production, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Vegetables (Preserved, Frozen)

Exports in the Middle East

For the fourth year in a row, the Middle East recorded growth in shipments abroad of vegetables (preserved, frozen), which increased by X% to X tons in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved and frozen vegetable exports surged to $X in 2022. Overall, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. 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 Iran (X%) and Saudi Arabia (X%). Lebanon (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to preserved and frozen vegetable exports from Turkey stood at X%. At the same time, Iran (X%), the United Arab Emirates (X%), Lebanon (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest preserved and frozen vegetable supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, preserved and frozen vegetable exports increased 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 Iran (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a slight curtailment. The level of export peaked at $X per ton in 2015; however, from 2016 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 the United Arab Emirates ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Imports of Vegetables (Preserved, Frozen)

Imports in the Middle East

In 2022, imports of vegetables (preserved, frozen) in the Middle East fell slightly to X tons, waning by X% against 2021 figures. Total imports indicated a strong increase 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, preserved and frozen vegetable imports expanded remarkably to $X in 2022. Total imports 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Saudi Arabia represented the key importing country with an import of about X tons, which recorded X% of total imports. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Jordan (X%) and Kuwait (X%). The following importers - Qatar (X tons), Oman (X tons), Iraq (X tons), Israel (X tons) and Bahrain (X tons) - together made up X% of total imports.

Imports into Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Qatar (X%), Iraq (X%), Jordan (X%), the United Arab Emirates (X%), Oman (X%), Bahrain (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Kuwait (X p.p.), Jordan (X p.p.), Israel (X p.p.), Qatar (X p.p.), the United Arab Emirates (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest preserved and frozen vegetable importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Jordan ($X), together comprising X% of total imports. Kuwait, Qatar, Oman, Israel, Iraq and Bahrain lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue 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 Qatar ($X per ton), while Saudi Arabia ($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 more modest paces of growth.

Source: IndexBox Platform

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