MENA: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2025

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in MENA

The MENA's market for jellyfish, dried, salted or in brine, smoked skyrocketed to $X in 2022, growing by 944% against the previous year. In general, consumption, however, showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in MENA

In value terms, production of jellyfish, dried, salted or in brine, smoked rose to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 173%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in MENA

In 2022, the amount of jellyfish, dried, salted or in brine, smoked exported in MENA dropped notably to X tons, declining by -33.5% on 2021. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 211%. As a result, the exports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, exports of jellyfish, dried, salted or in brine, smoked dropped rapidly to $X in 2022. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 358% against the previous year. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

The biggest shipments were from Bahrain (X tons), together finishing at 99% of total export.

Bahrain was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked exports, with a CAGR of +29.1% from 2012 to 2022. While the share of Bahrain (+6.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bahrain ($X) also remains the largest jellyfish, dried, salted or in brine, smoked supplier in MENA.

From 2012 to 2022, the average annual growth rate of value in Bahrain totaled +20.7%.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, which is down by -7.8% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 89%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to -6.5% per year.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in MENA

After two years of growth, purchases abroad of jellyfish, dried, salted or in brine, smoked decreased by -18.7% to X tons in 2022. Over the period under review, imports faced a dramatic setback. The growth pace was the most rapid in 2015 when imports increased by 112% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of jellyfish, dried, salted or in brine, smoked reduced sharply to $X in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 428% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Israel prevails in smoked structure, resulting at X tons, which was near 75% of total imports in 2022. The United Arab Emirates (X kg) held an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (6.3%), Kuwait (5.5%) and Algeria (4.6%).

Israel was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked imports, with a CAGR of +40.9% from 2012 to 2022. The United Arab Emirates (-4.0%), Kuwait (-7.5%), Algeria (-15.4%) and Iraq (-25.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, the United Arab Emirates, Kuwait and Algeria increased by +75, +7.2, +4.2 and +2 percentage points, respectively.

In value terms, Israel ($X) constitutes the largest market for imported jellyfish, dried, salted or in brine, smoked in MENA, comprising 73% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports. It was followed by Iraq, with a 4.8% share.

In Israel, imports of jellyfish, dried, salted or in brine, smoked increased at an average annual rate of +34.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-8.8% per year) and Iraq (-15.8% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, shrinking by -9% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 when the import price increased by 150%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the 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 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 Iraq (+13.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform