Middle East: Market for Mixed Condiments, Sauses and Seasonings 2022

Market Size for Mixed Condiments, Sauses and Seasonings in the Middle East

After two years of growth, the Middle Eastern market for mixed condiments, sauses and seasonings decreased by -17.7% to $X in 2021. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined rapidly in the following year.

Production of Mixed Condiments, Sauses and Seasonings in the Middle East

In value terms, mixed condiment, sause and seasoning production contracted markedly to $X in 2021 estimated in export price. The total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2020, and then contracted significantly in the following year.

Exports of Mixed Condiments, Sauses and Seasonings

Exports in the Middle East

In 2021, mixed condiment, sause and seasoning exports in the Middle East soared to X tons, with an increase of 71% against 2020 figures. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning exports surged to $X in 2021. In general, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the United Arab Emirates (X tons) represented the main exporter of mixed condiments, sauses and seasonings, achieving 37% of total exports. Oman (X tons) held the second position in the ranking, followed by Turkey (X tons), Saudi Arabia (X tons) and Lebanon (X tons). All these countries together took near 60% share of total exports. Israel (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lebanon (with a CAGR of +29.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest mixed condiment, sause and seasoning supplying countries in the Middle East were the United Arab Emirates ($X), Oman ($X) and Turkey ($X), with a combined 74% share of total exports. Lebanon, Saudi Arabia and Israel lagged somewhat behind, together comprising a further 25%.

In terms of the main exporting countries, Lebanon, with a CAGR of +36.5%, recorded the highest growth rate of 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

The export price in the Middle East stood at $X per ton in 2021, declining by -13.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+5.7%), while the other leaders experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in purchases abroad of mixed condiments, sauses and seasonings, which increased by 11% to X tons in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.1% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +99.5% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented the main importers of mixed condiments, sauses and seasonings in the Middle East, together reaching near 50% of total imports. It was distantly followed by Iraq (X tons), Kuwait (X tons), Israel (X tons), Turkey (X tons), Jordan (X tons) and Qatar (X tons), together comprising a 41% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of +18.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 60% of total imports. Israel, Turkey, Qatar, Jordan and Iraq lagged somewhat behind, together comprising a further 30%.

Iraq, with a CAGR of +18.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, growing by 4.6% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the import price increased by 7.4% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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