Middle East: Canned Vegetable Market 2024

Canned Vegetable Market Size in the Middle East

In 2022, the Middle Eastern canned vegetable market decreased by -6.5% to $X, falling for the second consecutive year after nine years of growth. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Canned Vegetable Production in the Middle East

In value terms, canned vegetable production soared to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +105.3% against 2012 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Canned Vegetable Exports

Exports in the Middle East

In 2022, overseas shipments of canned vegetables decreased by -14.6% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when exports increased by 16%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, canned vegetable exports declined slightly to $X in 2022. The total export value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 17%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell slightly in the following year.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was approx. 72% of total exports in 2022. It was distantly followed by Lebanon (X tons) and Jordan (X tons), together making up a 13% share of total exports. Israel (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the canned vegetables exports, with a CAGR of +6.3% from 2012 to 2022. At the same time, Lebanon (+5.8%) displayed positive paces of growth. By contrast, Saudi Arabia (-1.8%), Jordan (-3.6%), Israel (-4.6%) and the United Arab Emirates (-13.3%) illustrated a downward trend over the same period. While the share of Turkey (+24 p.p.) and Lebanon (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (-1.7 p.p.), Israel (-4.1 p.p.), Jordan (-4.4 p.p.) and the United Arab Emirates (-13.9 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest canned vegetable supplier in the Middle East, comprising 71% of total exports. The second position in the ranking was held by Jordan ($X), with an 8.2% share of total exports. It was followed by Lebanon, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at +5.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Jordan (+3.2% per year) and Lebanon (+5.6% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the other leaders experienced more modest paces of growth.

Canned Vegetable Imports

Imports in the Middle East

For the third year in a row, the Middle East recorded decline in supplies from abroad of canned vegetables, which decreased by -40.5% to X tons in 2022. Over the period under review, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 22% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, canned vegetable imports shrank rapidly to $X in 2022. Total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Israel (X tons), Yemen (X tons), Iraq (X tons) and Kuwait (X tons) represented the key importers of canned vegetables, together creating 77% of total imports. Qatar (X tons), Lebanon (X tons), Oman (X tons), Jordan (X tons), Bahrain (X tons), Turkey (X tons), Palestine (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Palestine (with a CAGR of +14.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, with a combined 59% share of total imports. Yemen, Kuwait, Palestine, Qatar, Jordan, Bahrain, Lebanon, Turkey, Oman and Syrian Arab Republic lagged somewhat behind, together comprising a further 41%.

Palestine, with a CAGR of +23.2%, saw the highest growth rate of 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

In 2022, the import price in the Middle East amounted to $X per ton, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Palestine ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Palestine (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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