MENA: Seeder And Planter Market 2024

Seeder And Planter Market Size in MENA

In 2021, the MENA's seeder and planter market increased by 10% to $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Seeder And Planter Production in MENA

In value terms, seeder and planter production rose markedly to $X in 2021 estimated in export price. In general, production, however, showed a drastic downturn. The growth pace was the most rapid in 2013 when the production volume increased by 18%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Seeder And Planter Exports

Exports in MENA

After three years of growth, overseas shipments of seeders, planters, transplanters decreased by -87.9% to X units in 2021. Over the period under review, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 53%. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, seeder and planter exports declined notably to $X in 2021. In general, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2019 when exports increased by 47%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the major exporting country with an export of around X units, which finished at 68% of total exports. It was distantly followed by Egypt (X units), constituting a 32% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the seeders, planters, transplanters exports, with a CAGR of +7.1% from 2012 to 2021. At the same time, Egypt (+2.0%) displayed positive paces of growth. The United Arab Emirates (+68 p.p.) and Egypt (+32 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest seeder and planter supplier in MENA, comprising 73% of total exports. The second position in the ranking was held by Egypt ($X), with a 24% share of total exports.

In the United Arab Emirates, seeder and planter exports expanded at an average annual rate of +4.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, leveling off at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 27% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Egypt amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+29.3%).

Seeder And Planter Imports

Imports in MENA

In 2021, overseas purchases of seeders, planters, transplanters increased by 37% to X units, rising for the third consecutive year after four years of decline. Over the period under review, imports, however, saw a significant contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 53%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, seeder and planter imports soared to $X in 2021. In general, imports, however, continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 62%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Egypt prevails in imports structure, resulting at X units, which was near 98% of total imports in 2021. Palestine (X units) took a relatively small share of total imports.

Imports into Egypt increased at an average annual rate of +15.8% from 2012 to 2021. At the same time, Palestine (+26.0%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in MENA, with a CAGR of +26.0% from 2012-2021. From 2012 to 2021, the share of Egypt and Palestine increased by +97 and +1.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported seeders, planters, transplanters in MENA, comprising 98% of total imports. The second position in the ranking was held by Palestine ($X), with a 2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Egypt stood at +15.4%.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, declining by -5.3% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the import price increased by 32% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2020, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per unit), while Palestine stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (-0.4%).

Source: IndexBox Platform