GCC: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in GCC

After two years of growth, the GCC mango and mangosteen market decreased by -2.8% to $X in 2022. The market value increased at an average annual rate of +4.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then declined in the following year.

Mango And Mangosteen Production in GCC

In value terms, mango and mangosteen production expanded rapidly to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.7% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 39% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Saudi Arabia (X tons) constituted the country with the largest volume of mango and mangosteen production, comprising approx. 77% of total volume. Moreover, mango and mangosteen production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Oman (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Saudi Arabia totaled +2.9%. The remaining producing countries recorded the following average annual rates of production growth: Oman (+6.4% per year) and the United Arab Emirates (+9.9% per year).

The average mango and mangosteen yield fell modestly to X tons per ha in 2022, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 12%. The level of yield peaked at X tons per ha in 2021, and then reduced modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the mango and mangosteen harvested area in GCC shrank slightly to X ha, leveling off at the previous year. The harvested area increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Mango And Mangosteen Exports

Exports in GCC

In 2022, shipments abroad of mangoes, mangosteens and guavas decreased by -36% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 247%. As a result, the exports reached the peak of X tons, and then fell sharply in the following year.

In value terms, mango and mangosteen exports reduced sharply to $X in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 279% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

In 2022, the United Arab Emirates (X tons) was the largest exporter of mangoes, mangosteens and guavas, committing 82% of total exports. It was distantly followed by Saudi Arabia (X tons), creating a 16% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the mangoes, mangosteens and guavas exports, with a CAGR of +3.5% from 2012 to 2022. Saudi Arabia (-2.8%) illustrated a downward trend over the same period. The United Arab Emirates (+13 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -9% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest mango and mangosteen supplier in GCC, comprising 87% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 11% share of total exports.

In the United Arab Emirates, mango and mangosteen exports increased at an average annual rate of +11.0% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, flattening at the previous year. In general, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 61% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices 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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.2%).

Mango And Mangosteen Imports

Imports in GCC

In 2022, overseas purchases of mangoes, mangosteens and guavas decreased by -9% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, mango and mangosteen imports fell to $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly 74% of total imports in 2022. Oman (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (6.7%). The following importers - Qatar (X tons) and Bahrain (X tons) - each reached an 8.6% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of +8.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 78% of total imports. Kuwait, Qatar and Bahrain lagged somewhat behind, together comprising a further 22%.

Qatar, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, in terms of 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 2022, the import price in GCC amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2015 when the import price increased by 25% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Oman (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform