Middle East: Dry Vegetable Market 2024

Dry Vegetable Market Size in the Middle East

In 2022, the Middle Eastern dry vegetable market increased by 15% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed a remarkable increase. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Dry Vegetable Production in the Middle East

In value terms, dry vegetable production expanded rapidly to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Dry Vegetable Exports

Exports in the Middle East

In 2022, approx. X tons of dry vegetables were exported in the Middle East; declining by -3% on 2021. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, dry vegetable exports rose slightly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 8.9% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, recording X tons, which was near 80% of total exports in 2022. It was distantly followed by Israel (X tons), creating a 9.8% share of total exports. Yemen (X tons) and Iran (X tons) held a relatively small share of total exports.

Exports from Turkey increased at an average annual rate of +2.7% from 2012 to 2022. At the same time, Yemen (+25.8%) and Iran (+6.9%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +25.8% from 2012-2022. By contrast, Israel (-2.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Yemen and Turkey increased by +3.6 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dry vegetable supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was taken by Israel ($X), with a 14% share of total exports. It was followed by Iran, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Israel (-0.9% per year) and Iran (+7.3% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by 5.6% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The level of export peaked at $X per ton in 2012; however, from 2013 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 Israel ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+1.9%), while the other leaders experienced mixed trends in the export price figures.

Dry Vegetable Imports

Imports in the Middle East

In 2022, overseas purchases of dry vegetables increased by 7.3% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 144% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, dry vegetable imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 196%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Israel (X tons) represented the major importer of dry vegetables, achieving 75% of total imports. Turkey (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (5.3%). Palestine (X tons) and Iraq (X tons) took a relatively small share of total imports.

Israel was also the fastest-growing in terms of the dry vegetables imports, with a CAGR of +34.8% from 2012 to 2022. At the same time, Iraq (+20.0%), Turkey (+11.7%) and Palestine (+5.6%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2022, the share of Israel increased by +57 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported dry vegetables in the Middle East, comprising 83% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.4% share of total imports. It was followed by the United Arab Emirates, with a 3% share.

In Israel, dry vegetable imports expanded at an average annual rate of +36.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+6.7% per year) and the United Arab Emirates (+4.8% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, jumping by 19% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry vegetable import price increased by +56.2% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 21%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Iraq ($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 (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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