MENA: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in MENA

The MENA's mixes and doughs market fell to $X in 2022, with a decrease of -3% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.6% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mixes And Doughs Production in MENA

In value terms, mixes and doughs production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, posted notable growth. The growth pace was the most rapid in 2019 with an increase of 32%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Mixes And Doughs Exports

Exports in MENA

Mixes and doughs exports rose modestly to X tons in 2022, surging by 3.7% compared with the year before. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, mixes and doughs exports stood at $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The United Arab Emirates was the largest exporter of mixes and doughs in MENA, with the volume of exports finishing at X tons, which was approx. 55% of total exports in 2022. Turkey (X tons) ranks second in terms of the total exports with a 25% share, followed by Saudi Arabia (5.2%) and Jordan (5.1%). Egypt (X tons), Lebanon (X tons) and Oman (X tons) took a little share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +7.4% from 2012 to 2022. At the same time, Jordan (+23.7%), Egypt (+13.4%) and Turkey (+1.4%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of +23.7% from 2012-2022. By contrast, Saudi Arabia (-1.1%), Lebanon (-2.1%) and Oman (-4.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Jordan and Egypt increased by +13, +4.1 and +2.1 percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest mixes and doughs supplier in MENA, comprising 61% of total exports. The second position in the ranking was held by Turkey ($X), with an 18% share of total exports. It was followed by Saudi Arabia, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to +8.5%. In the other countries, the average annual rates were as follows: Turkey (-1.3% per year) and Saudi Arabia (+1.2% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 5.8%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+8.3%), while the other leaders experienced more modest paces of growth.

Mixes And Doughs Imports

Imports in MENA

In 2022, supplies from abroad of mixes and doughs decreased by -3.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.1% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 16% against the previous year. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, mixes and doughs imports declined modestly to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 17%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank slightly in the following year.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented roughly 58% of total imports in 2022. Kuwait (X tons) ranks next in terms of the total imports with a 7.3% share, followed by Iraq (5.3%) and Oman (4.9%). Israel (X tons), Qatar (X tons), Egypt (X tons), Bahrain (X tons), Algeria (X tons), Jordan (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +24.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2022, together accounting for 66% of total imports. Oman, Qatar, Israel, Iraq, Bahrain, Egypt, Jordan, Turkey and Algeria lagged somewhat behind, together accounting for a further 28%.

Algeria, with a CAGR of +20.6%, saw the highest rates of growth with regard to 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

The import price in MENA stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 4.4%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

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 Bahrain ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform