Middle East: Potato Starch Market 2020

Potato Starch Market Size in Middle East

The revenue of the potato starch market in Middle East amounted to $X in 2017, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. In that year, the potato starch market reached their peak level, and is likely to continue its growth in the immediate term.

Potato Starch Exports in Middle East

In 2017, exports of potatoes prepared or preserved in the form of flour, meal or flakes in Middle East stood at X tons, jumping by X% against the previous year. The potato starch exports continue to indicate a measured drop. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

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

Potato Starch Exports by Country in Middle East

In 2017, Turkey (X tons) and Lebanon (X tons) represented the main exporters of potatoes prepared or preserved in the form of flour, meal or flakes in the globe, together committing X% of total exports. The United Arab Emirates (X tons) ranks second in terms of the global exports with a X% share, followed by Saudi Arabia (X%) and Jordan (X%). Israel (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Israel (+X% per year), while the other leaders experienced mixed trends in the exports figures.

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

In Turkey, potato starch exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (-X% per year) and the United Arab Emirates (+X% per year).

Potato Starch Export Prices by Country in Middle East

The potato starch export price in Middle East stood at $X per ton in 2017, waning 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 2011, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 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 Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Potato Starch Imports in Middle East

In 2017, potato starch imports in Middle East stood at X tons, stabilizing at the previous year. The total imports indicated a prominent 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 potato starch imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2009, when imports increased by X% against the previous year. Over the period under review, the potato starch imports reached its maximum volume of X tons in 2016, leveling off in the following year.

In value terms, potato starch imports amounted to $X in 2017. The total imports indicated a remarkable 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. Based on 2017 figures, the potato starch imports increased by +X% against 2007 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Potato Starch Imports by Country in Middle East

In 2017, Saudi Arabia (X tons), distantly followed by the United Arab Emirates (X tons), Israel (X tons), Jordan (X tons), Palestine (X tons), Turkey (X tons) and Qatar (X tons) represented the key importers of potatoes prepared or preserved in the form of flour, meal or flakes, together comprising X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to potato starch imports into Saudi Arabia stood at +X%. At the same time, Qatar (+X%), Israel (+X%), Palestine (+X%), Turkey (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Jordan experienced a relatively flat trend pattern. While the share of Turkey (-X%), the United Arab Emirates (-X%), Palestine (-X%), Qatar (-X%), Israel (-X%) and Saudi Arabia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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. Palestine, Jordan, Qatar and Turkey lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Qatar (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Potato Starch Import Prices by Country in Middle East

The potato starch import price in Middle East stood at $X per ton in 2017, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Palestine ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Palestine (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform