Middle East: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Middle East

The revenue of the fermented milk products market in Middle East amounted to $X in 2017, surging by X% against the previous year. The fermented milk products consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the fermented milk products market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Fermented Milk Products Production in Middle East

In 2017, the amount of curdled milk, cream, yogurt or acidified milk and other fermented products produced in Middle East stood at X tons, coming up by X% against the previous year. The fermented milk products production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009, when the output figure increased by X% against the previous year. Over the period under review, the fermented milk products production attained its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Fermented Milk Products Exports in Middle East

In 2017, fermented milk products exports in Middle East stood at X tons, dropping by -X% against the previous year. The fermented milk products exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, fermented milk products exports amounted to $X in 2017. The fermented milk products exports continue to indicate a conspicuous growth. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Fermented Milk Products Exports by Country in Middle East

Saudi Arabia represented the key exporter of curdled milk, cream, yogurt or acidified milk and other fermented products in Middle East, with the volume of exports reaching X tons, which was near X% of total exports in 2017. The United Arab Emirates (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Palestine (X%) and Syrian Arab Republic (X%). Turkey (X tons) occupied the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fermented milk products exports from Saudi Arabia stood at -X%. At the same time, the United Arab Emirates (+X%), Syrian Arab Republic (+X%), Palestine (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. Saudi Arabia (X%) significantly strengthened its position in terms of the global exports, while Palestine, Syrian Arab Republic and the United Arab Emirates saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest fermented milk products supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Palestine ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Saudi Arabia was relatively modest. In the other countries, the average annual rates were as follows: Palestine (+X% per year) and the United Arab Emirates (+X% per year).

Fermented Milk Products Export Prices by Country in Middle East

The fermented milk products export price in Middle East stood at $X per ton in 2017, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. In that year, the export prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for curdled milk, cream, yogurt or acidified milk and other fermented products stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Palestine ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Fermented Milk Products Imports in Middle East

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were imported in Middle East; stabilizing at the previous year. The total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fermented milk products imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2011, when imports increased by X% year-to-year. Over the period under review, the fermented milk products imports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, fermented milk products imports totaled $X in 2017. The fermented milk products imports continue to indicate a strong expansion. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Fermented Milk Products Imports by Country in Middle East

In 2017, Qatar (X tons), distantly followed by Oman (X tons), Bahrain (X tons), Palestine (X tons), Kuwait (X tons), Israel (X tons) and Jordan (X tons) represented the major importers of curdled milk, cream, yogurt or acidified milk and other fermented products, together mixed up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), Oman ($X) and Bahrain ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Among the main importing countries , Qatar (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Fermented Milk Products Import Prices by Country in Middle East

In 2017, the fermented milk products import price in Middle East amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform