Middle East: Sugar Confectionery Paste Market 2020

Sugar Confectionery Paste Market Size in Middle East

The revenue of the sugar confectionery paste market in Middle East amounted to $X in 2017, declining by -X% against the previous year. The sugar confectionery paste consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the sugar confectionery paste market attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Sugar Confectionery Paste Production in Middle East

The sugar confectionery paste production amounted to X tons in 2017, approximately equating the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The volume of sugar confectionery paste production peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Exports in Middle East

In 2017, the amount of marzipan, fondant, nougat and almond pastes exported in Middle East stood at X tons, picking up by X% against the previous year. The total exports 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 sugar confectionery paste exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, sugar confectionery paste exports amounted to $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Exports by Country in Middle East

Turkey prevails in sugar confectionery paste exports structure, amounting to X tons, which was approx. X% of total exports in 2017. Saudi Arabia (X tons), Kuwait (X tons), the United Arab Emirates (X tons), Yemen (X tons), Jordan (X tons) and Oman (X tons) occupied the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to sugar confectionery paste exports from Turkey stood at +X%. At the same time, Oman (+X%), Jordan (+X%), Kuwait (+X%) and Yemen (+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. By contrast, Saudi Arabia (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates and Saudi Arabia increased by X% and X% percentage points, while Oman (-X%), Jordan (-X%), Kuwait (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, sugar confectionery paste exports expanded at an average annual rate of +X% 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 Saudi Arabia (-X% per year).

Sugar Confectionery Paste Export Prices by Country in Middle East

In 2017, the sugar confectionery paste export price in Middle East amounted to $X per ton, lowering by -X% against the previous year. The sugar confectionery paste export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for marzipan, fondant, nougat and almond pastes reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Jordan ($X per ton), while Yemen ($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.

Sugar Confectionery Paste Imports in Middle East

In 2017, sugar confectionery paste imports in Middle East stood at X tons, waning by -X% against the previous year. The total imports indicated a tangible 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 sugar confectionery paste imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the sugar confectionery paste imports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, sugar confectionery paste imports amounted to $X in 2017. The sugar confectionery paste imports continue to indicate a strong growth. Over the period under review, the sugar confectionery paste imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar Confectionery Paste Imports by Country in Middle East

The countries with the highest levels of sugar confectionery paste imports in 2017 were the United Arab Emirates (X tons), Saudi Arabia (X tons), Iraq (X tons), Jordan (X tons), Israel (X tons) and Yemen (X tons), together accounting for X% of total import. The following importers - Lebanon (X tons), Kuwait (X tons), Turkey (X tons), Iran (X tons), Palestine (X tons) and Oman (X tons) together made 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 Oman (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Iraq, Jordan, Kuwait, Yemen, Palestine, Lebanon, Oman, Turkey and Iran, which together accounted for a further X%.

In terms of the main importing countries , Oman (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Sugar Confectionery Paste Import Prices by Country in Middle East

The sugar confectionery paste import price in Middle East stood at $X per ton in 2017, increasing 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 2014, an increase of X% against the previous year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kuwait ($X per ton), while Jordan ($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 Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform