GCC: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in GCC

The GCC market for jams, jellies, puree and pastes rose markedly to $X in 2021, with an increase of 11% against the previous year. In general, consumption showed prominent growth. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.

Production of Jams, Jellies, Puree And Pastes in GCC

In value terms, jam, jelly, puree and paste production declined to $X in 2021 estimated in export price. Over the period under review, production recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 66%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports in GCC

Jam, jelly, puree and paste exports soared to X tons in 2021, with an increase of 48% against the previous year. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 87%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, jam, jelly, puree and paste exports soared to $X in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 56%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Saudi Arabia (X tons), achieving a 7.8% share of total exports. Oman (X tons) held a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the jams, jellies, puree and pastes exports, with a CAGR of +15.7% from 2012 to 2021. Saudi Arabia (-2.5%) and Oman (-11.3%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+32 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Oman (-14.4 p.p.) and Saudi Arabia (-15.3 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest jam, jelly, puree and paste supplier in GCC, comprising 82% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 15% share of total exports.

In the United Arab Emirates, jam, jelly, puree and paste exports expanded at an average annual rate of +21.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (+1.2% per year) and Oman (-11.9% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, falling by -15% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. The level of export peaked at $X per ton in 2020, and then fell in the following year.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jams, Jellies, Puree And Pastes

Imports in GCC

In 2021, the amount of jams, jellies, puree and pastes imported in GCC surged to X tons, increasing by 66% against the year before. Total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.3% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, jam, jelly, puree and paste imports soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.2% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) dominates imports structure, together achieving 84% of total imports. It was distantly followed by Kuwait (X tons), constituting a 7.9% share of total imports. Qatar (X tons), Oman (X tons) and Bahrain (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +10.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2021, together comprising 89% of total imports.

The United Arab Emirates, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the import price in GCC amounted to $X per ton, waning by -4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2017 when the import price increased by 11% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2020, and then declined slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Bahrain ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform