GCC: Market for Citrus Fruits Not Elsewhere Classified 2024

Market Size for Citrus Fruits Not Elsewhere Classified in GCC

The GCC market for citrus fruits not elsewhere classified rose to $X in 2022, with an increase of 2.7% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Citrus Fruits Not Elsewhere Classified in GCC

In value terms, citrus fruits not elsewhere classified production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in 2019 with an increase of 110% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Saudi Arabia (X tons) remains the largest citrus fruits not elsewhere classified producing country in GCC, comprising approx. 95% of total volume. Moreover, citrus fruits not elsewhere classified production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), more than tenfold.

In Saudi Arabia, citrus fruits not elsewhere classified production remained relatively stable over the period from 2012-2022.

The average citrus fruits not elsewhere classified yield totaled X tons per ha in 2022, remaining constant against the previous year's figure. Over the period under review, the yield saw a strong increase. The pace of growth appeared the most rapid in 2019 when the yield increased by 85% against the previous year. The level of yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of citrus fruits not elsewhere classified were harvested in GCC; waning by -2.8% on the previous year's figure. In general, the harvested area recorded a abrupt setback. The growth pace was the most rapid in 2019 when the harvested area increased by 31% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Exports of Citrus Fruits Not Elsewhere Classified

Exports in GCC

In 2022, after two years of growth, there was significant decline in overseas shipments of citrus fruits not elsewhere classified, when their volume decreased by -20.5% to X tons. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 1,643% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, citrus fruits not elsewhere classified exports reduced rapidly to $X in 2022. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 1,294%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia dominates exports structure, accounting for X tons, which was near 96% of total exports in 2022. The United Arab Emirates (X tons) took a minor share of total exports.

Saudi Arabia was also the fastest-growing in terms of the citrus fruits not elsewhere classified exports, with a CAGR of -10.9% from 2012 to 2022. The United Arab Emirates (-14.9%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest citrus fruits not elsewhere classified supplier in GCC, comprising 96% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.3% share of total exports.

In Saudi Arabia, citrus fruits not elsewhere classified exports plunged by an average annual rate of -9.4% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, shrinking by -3.8% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%).

Imports of Citrus Fruits Not Elsewhere Classified

Imports in GCC

Citrus fruits not elsewhere classified imports fell sharply to X tons in 2022, which is down by -26.9% against the previous year's figure. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 72% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, citrus fruits not elsewhere classified imports rose significantly to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2015 when imports increased by 71% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Kuwait (X tons) represented the main importers of citrus fruits not elsewhere classified in GCC, together accounting for near 76% of total imports. It was distantly followed by Oman (X tons), making up a 24% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +9.0%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Oman ($X) were the countries with the highest levels of imports in 2022, with a combined 100% share of total imports.

In terms of the main importing countries, Oman, with a CAGR of +19.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, picking up by 48% against the previous year. Overall, the import price showed buoyant growth. As a result, import price reached 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 the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform