Middle East: Margarine Spread Market 2020

Margarine Spread Market Size in Middle East

The revenue of the margarine spread market in Middle East amounted to $X in 2017, coming down by -X% against the previous year. The margarine spread consumption continues to indicate a slight increase. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. In that year, the margarine spread market reached their peak level of $X, and then declined slightly in the following year.

Margarine Spread Production in Middle East

The margarine spread production stood at X tons in 2017, waning by -X% against the previous year. The margarine spread production continues to indicate a temperate reduction. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. In that year, the margarine spread production attained their peak volume of X tons, and then declined slightly in the following year.

Margarine Spread Exports in Middle East

In 2017, margarine spread exports in Middle East totaled X tons, falling by -X% against the previous year. The margarine spread exports continue to indicate a moderate slump. The pace of growth appeared the most rapid in 2010, when exports increased by X% against the previous year. Over the period under review, the margarine spread exports attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, margarine spread exports amounted to $X in 2017. The margarine spread exports continue to indicate a relatively flat trend pattern. In that year, the margarine spread exports reached their peak level of $X. From 2009 to 2017, growth of the margarine spread exports stood at a somewhat lower level.

Margarine Spread Exports by Country in Middle East

Turkey was the main exporting country with an export of around X tons, which amounted to X% of total exports. Oman (X tons) ranks second in terms of the global exports with a X% share, followed by the United Arab Emirates (X%). Yemen (X tons) followed a long way behind the leaders.

Exports from Turkey decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Oman (+X%), Yemen (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Turkey increased by X% percentage points, while the United Arab Emirates (-X%) and Oman (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, margarine spread exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Oman (+X% per year) and the United Arab Emirates (+X% per year).

Margarine Spread Export Prices by Country in Middle East

The margarine spread export price in Middle East stood at $X per ton in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Yemen ($X per ton), while Turkey ($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 Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

Margarine Spread Imports in Middle East

The imports totaled X tons in 2017, falling by -X% against the previous year. The margarine spread imports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, margarine spread imports totaled $X in 2017. The margarine spread imports continue to indicate a tangible expansion. Over the period under review, the margarine spread imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Margarine Spread Imports by Country in Middle East

Saudi Arabia represented the main importing country with an import of around X tons, which finished at X% of total imports. Syrian Arab Republic (X tons) occupied the second position in the ranking, followed by the United Arab Emirates (X tons), Lebanon (X tons), Oman (X tons), Yemen (X tons) and Jordan (X tons). All these countries together held near X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to margarine spread imports into Saudi Arabia stood at +X%. At the same time, Yemen (+X%), Oman (+X%), Jordan (+X%), Lebanon (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Syrian Arab Republic (-X%) illustrated a downward trend over the same period. While the share of Syrian Arab Republic (X%) increased significantly in terms of the global imports from 2007-2017, the share of the United Arab Emirates (-X%), Lebanon (-X%), Jordan (-X%), Oman (-X%), Yemen (-X%) and Saudi Arabia (-X%) displayed negative dynamics.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported margarine and low fat spreads in Middle East, making up X% of global imports. The second position in the ranking was occupied by Syrian Arab Republic ($X), with a X% share of global imports. 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 totaled +X%. In the other countries, the average annual rates were as follows: Syrian Arab Republic (-X% per year) and the United Arab Emirates (+X% per year).

Margarine Spread Import Prices by Country in Middle East

The margarine spread import price in Middle East stood at $X per ton in 2017, shrinking by -X% against the previous year. The margarine spread import price continues to indicate a modest growth. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the United Arab Emirates ($X per ton) and Yemen ($X per ton), while Syrian Arab Republic ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform