Middle East and North Africa: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Middle East and North Africa

In 2021, after five years of growth, there was significant decline in the MENA's breakfast cereal market, when its value decreased by -X% to $X. Over the period under review, consumption, however, showed a resilient increase. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Breakfast Cereal Production in Middle East and North Africa

In value terms, breakfast cereal production dropped to $X in 2021 estimated in export price. In general, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020, and then fell modestly in the following year.

Breakfast Cereal Exports

Exports in Middle East and North Africa

In 2021, the amount of breakfast cereals exported in Middle East and North Africa skyrocketed to X tons, with an increase of X% on the previous year's figure. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports skyrocketed to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Turkey prevails in exports structure, amounting to X tons, which was near X% of total exports in 2021. Egypt (X tons), the United Arab Emirates (X tons) and Syrian Arab Republic (X tons) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2012 to 2021. At the same time, Syrian Arab Republic (+X%), Egypt (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing exporter exported in Middle East and North Africa, with a CAGR of +X% from 2012-2021. Turkey (+X 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, Turkey ($X) remains the largest breakfast cereal supplier in Middle East and North Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

The export price in Middle East and North Africa stood at $X per ton in 2021, falling by -X% against the previous year. In general, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Egypt ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X%), while the other leaders experienced mixed trends in the export price figures.

Breakfast Cereal Imports

Imports in Middle East and North Africa

In 2021, overseas purchases of breakfast cereals decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2020, and then fell in the following year.

In value terms, breakfast cereal imports shrank modestly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then fell slightly in the following year.

Imports by Country

In 2021, Iraq (X tons), distantly followed by Syrian Arab Republic (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons) and Israel (X tons) were the largest importers of breakfast cereals, together creating X% of total imports. Lebanon (X tons), Jordan (X tons), Morocco (X tons), Kuwait (X tons), Libya (X tons), Oman (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Syrian Arab Republic (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal importing markets in Middle East and North Africa were Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X), together comprising X% of total imports. These countries were followed by Iraq, Syrian Arab Republic, Kuwait, Morocco, Qatar, Oman, Jordan, Libya and Lebanon, which together accounted for a further X Arab Republic, with a CAGR of +X%, 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 2021, the import price in Middle East and North Africa amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform