Middle East: Flour And Meal Market 2020

Flour And Meal Market Size in Middle East

The revenue of the flour and meal market in Middle East amounted to $X in 2017, remaining relatively unchanged against the previous year. The flour and meal consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when market value increased by X% against the previous year. In that year, the flour and meal market attained their peak level of $X. From 2012 to 2017, growth of the flour and meal market stood at a somewhat lower level.

Flour And Meal Production in Middle East

In 2017, the amount of flour and meal produced in Middle East amounted to X tons, approximately equating the previous year. The flour and meal production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017, with an increase of X% year-to-year. Over the period under review, the flour and meal production attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Flour And Meal Exports in Middle East

The exports stood at X tons in 2017, waning by -X% against the previous year. The flour and meal exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2013, when exports increased by X% against the previous year. Over the period under review, the flour and meal exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, flour and meal exports amounted to $X in 2017. The flour and meal exports continue to indicate a relatively flat trend pattern. In that year, the flour and meal exports attained their peak level of $X. From 2016 to 2017, growth of the flour and meal exports stood at a somewhat lower level.

Flour And Meal Exports by Country in Middle East

Turkey represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixed up X% share of total exports. Kuwait (X tons), Saudi Arabia (X tons) and Bahrain (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to flour and meal exports from Turkey stood at +X%. At the same time, Bahrain (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) and Saudi Arabia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Bahrain (-X%), Kuwait (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest flour and meal supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Kuwait, with a X% share.

In Turkey, flour and meal exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Kuwait (+X% per year).

Flour And Meal Export Prices by Country in Middle East

The flour and meal export price in Middle East stood at $X per ton in 2017, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it 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 Turkey ($X per ton), while Bahrain ($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.

Flour And Meal Imports in Middle East

In 2017, approx. X tons of flour and meal were imported in Middle East; going down by -X% against the previous year. The total imports indicated a slight expansion 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 flour and meal imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016, when imports increased by X% y-o-y. In that year, the flour and meal imports reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, flour and meal imports totaled $X in 2017. The flour and meal imports continue to indicate a prominent growth. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Flour And Meal Imports by Country in Middle East

Saudi Arabia was the main importer of flour and meal in Middle East, with the volume of imports reaching X tons, which was near X% of total imports in 2017. The United Arab Emirates (X tons) ranks second in terms of the global imports with a X% share, followed by Kuwait (X%) and Oman (X%). The following importers - Israel (X tons) and Bahrain (X tons) each recorded a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to flour and meal imports into Saudi Arabia stood at +X%. At the same time, Israel (+X%), Oman (+X%), Kuwait (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global imports from 2007-2017, the share of Israel (-X%), Kuwait (-X%), Oman (-X%) and Saudi Arabia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported flour and meal in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Kuwait, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Saudi Arabia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Kuwait (+X% per year).

Flour And Meal Import Prices by Country in Middle East

The flour and meal import price in Middle East stood at $X per ton in 2017, coming up by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price 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 flour and meal import price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. In that year, the import prices for flour and meal reached their peak level of $X per ton. From 2015 to 2017, growth of the import prices for flour and meal stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per ton), while Saudi Arabia ($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 Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform