MENA: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in MENA

The MENA's concentrated apple juice market dropped remarkably to $X in 2021, reducing by -32.7% against the previous year. Overall, consumption recorded a deep setback. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Concentrated Apple Juice Production in MENA

In value terms, concentrated apple juice production declined slightly to $X in 2021 estimated in export price. In general, production, however, saw a slight setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Concentrated Apple Juice Exports

Exports in MENA

For the fifth year in a row, MENA recorded growth in overseas shipments of concentrated apple juice, which increased by 60% to X tons in 2021. In general, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, concentrated apple juice exports soared to $X in 2021. Over the period under review, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the main exporting country with an export of around X tons, which finished at 79% of total exports. It was distantly followed by Iran (X tons), comprising a 19% share of total exports.

Turkey was also the fastest-growing in terms of the concentrated apple juice exports, with a CAGR of +20.3% from 2012 to 2021. At the same time, Iran (+11.9%) displayed positive paces of growth. While the share of Turkey (+29 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iran (-4 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest concentrated apple juice supplier in MENA, comprising 91% of total exports. The second position in the ranking was held by Iran ($X), with a 7.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at +15.7%.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, reducing by -3.9% against the previous year. In general, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 Turkey ($X per ton), while Iran stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-3.8%).

Concentrated Apple Juice Imports

Imports in MENA

In 2021, approx. X tons of concentrated apple juice were imported in MENA; increasing by 46% against 2020. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 49% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, concentrated apple juice imports surged to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.0% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey prevails in imports structure, accounting for X tons, which was approx. 72% of total imports in 2021. Saudi Arabia (X tons) ranks second in terms of the total imports with a 9.5% share, followed by the United Arab Emirates (8.1%). The following importers - Israel (X tons) and Egypt (X tons) - together made up 5.5% of total imports.

Turkey was also the fastest-growing in terms of the concentrated apple juice imports, with a CAGR of +27.2% from 2012 to 2021. At the same time, the United Arab Emirates (+9.6%), Egypt (+8.6%) and Israel (+4.6%) displayed positive paces of growth. By contrast, Saudi Arabia (-6.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey increased by +52 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported concentrated apple juice in MENA, comprising 56% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 15% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

In Turkey, concentrated apple juice imports increased at an average annual rate of +43.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-9.4% per year) and the United Arab Emirates (+6.8% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, waning by -13.3% against the previous year. Overall, the import price saw a noticeable slump. The pace of growth appeared the most rapid in 2016 an increase of 27%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform