GCC: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in GCC

The GCC fruit or nut preserves market was estimated at $X in 2021, growing by 4.7% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.1% against 2017 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in GCC

In value terms, fruit or nut preserves production fell to $X in 2021 estimated in export price. Overall, production, however, showed prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 66%. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports in GCC

Fruit or nut preserves exports soared to X tons in 2021, increasing by 54% against the previous year's figure. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 94% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 75% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the United Arab Emirates (X tons) represented the major exporter of jams, marmalades, fruit jellies, fruit or nut purees and pastes, making up 86% of total exports. It was distantly followed by Saudi Arabia (X tons), comprising an 11% share of total exports. Oman (X tons) took a minor share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the jams, marmalades, fruit jellies, fruit or nut purees and pastes exports, with a CAGR of +17.6% from 2012 to 2021. At the same time, Saudi Arabia (+2.3%) displayed positive paces of growth. By contrast, Oman (-11.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates increased by +32 percentage points.

In value terms, the United Arab Emirates ($X) remains the largest fruit or nut preserves supplier in GCC, comprising 77% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 19% share of total exports.

In the United Arab Emirates, fruit or nut preserves exports expanded at an average annual rate of +22.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (+6.1% per year) and Oman (-12.6% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, shrinking by -12.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. 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 contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, 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 (+3.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports in GCC

Fruit or nut preserves imports skyrocketed to X tons in 2021, with an increase of 69% against 2020. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.7% 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 +108.9% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves imports soared to $X in 2021. In general, imports posted a remarkable increase. As a result, imports attained 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 85% of total imports. It was distantly followed by Kuwait (X tons), creating a 7.5% share of total imports. The following importers - Qatar (X tons) and Oman (X tons) - each reached a 5.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Saudi Arabia (with a CAGR of +9.8%), while imports 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, with a combined 90% share of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of +13.9%, saw the highest growth rate of 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 GCC stood at $X per ton in 2021, with a decrease of -3.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2017 when the import price increased by 10%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform