MENA: Bumper Market 2025

Bumper Market Size in MENA

In 2022, the MENA's bumper market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, enjoyed a buoyant increase. 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.

Bumper Production in MENA

In value terms, bumper production soared to $X in 2022 estimated in export price. In general, production posted significant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 143%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Bumper Exports

Exports in MENA

Bumper exports shrank modestly to X tons in 2022, falling by -2% on the year before. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.1% 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 +16.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 32% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, bumper exports shrank slightly to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +26.8% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by 50%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the main exporting country with an export of around X tons, which recorded 75% of total exports. It was distantly followed by the United Arab Emirates (X tons), constituting a 21% share of total exports. Saudi Arabia (X tons) took a relatively small share of total exports.

Exports from Turkey increased at an average annual rate of +7.7% from 2012 to 2022. At the same time, Saudi Arabia (+9.4%) and the United Arab Emirates (+6.7%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +9.4% from 2012-2022. Turkey (+4.3 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 ($X) remains the largest bumper supplier in MENA, comprising 72% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled +8.1%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+10.0% per year) and Saudi Arabia (+10.4% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, dropping by -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.1%), while the other leaders experienced more modest paces of growth.

Bumper Imports

Imports in MENA

Bumper imports dropped notably to X tons in 2022, with a decrease of -26% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, bumper imports contracted significantly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Turkey (X tons), Iraq (X tons), Israel (X tons) and Oman (X tons) represented the largest importers of bumpers, together committing 72% of total imports. The following importers - Algeria (X tons), Morocco (X tons), Tunisia (X tons), Iran (X tons), Kuwait (X tons), Qatar (X tons) and Lebanon (X tons) - together made up 22% of total imports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bumper importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), with a combined 62% share of total imports.

Israel, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the import price in MENA amounted to $X per ton, surging by 9.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by 11%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Lebanon ($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 (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform