Middle East: Powdered Milk Market 2024

Powdered Milk Market Size in the Middle East

The Middle Eastern powdered milk market amounted to $X in 2022, growing by 4.8% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Powdered Milk Production in the Middle East

In value terms, powdered milk production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 81%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Turkey (X tons) remains the largest powdered milk producing country in the Middle East, comprising approx. 72% of total volume. Moreover, powdered milk production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), threefold.

In Turkey, powdered milk production increased at an average annual rate of +10.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iran (+6.4% per year) and Israel (+0.0% per year).

Powdered Milk Exports

Exports in the Middle East

In 2022, exports of powdered milk in the Middle East declined to X tons, falling by -7.8% on the previous year's figure. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.4% 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 +19.9% against 2020 indices. The growth pace was the most rapid in 2016 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, powdered milk exports contracted to $X in 2022. Total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% 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 +25.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the main exporter of powdered milk, constituting 46% of total exports. Turkey (X tons) held a 27% share (based on physical terms) of total exports, which put it in second place, followed by Oman (10%) and Saudi Arabia (10%). The following exporters - Iran (X tons) and Israel (X tons) - together made up 5.6% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +43.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Oman ($X), with a combined 86% share of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of +45.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by 6.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 16%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+3.4%), while the other leaders experienced more modest paces of growth.

Powdered Milk Imports

Imports in the Middle East

In 2022, imports of powdered milk in the Middle East rose sharply to X tons, surging by 7% against the previous year's figure. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, powdered milk imports rose to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 24% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Yemen (X tons) represented roughly 61% of total imports in 2022. It was distantly followed by Oman (X tons) and Iraq (X tons), together committing a 22% share of total imports. Kuwait (X tons) and Jordan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +8.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk importing markets in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Yemen ($X), together comprising 58% of total imports.

In terms of the main importing countries, Yemen, with a CAGR of +4.3%, saw the highest growth rate of the value of imports, 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 the Middle East amounted to $X per ton, reducing by -3.9% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2017 an increase of 16%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Yemen ($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 (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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