Middle East: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in the Middle East

In 2020, the Middle Eastern market for processed cheese (excluding grated or powdered) decreased by -X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Processed cheese (excluding grated or powdered) in the Middle East

In value terms, production of processed cheese (excluding grated or powdered) rose sharply to $X in 2020 estimated in export prices. The total production indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. The level of production peaked at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.

Production By Country in the Middle East

The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2020 were Turkey (X tons), Iran (X tons) and Syrian Arab Republic (X tons), together comprising X% of total production. Yemen, Israel, Saudi Arabia and Bahrain lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Saudi Arabia, while production of processed cheese (excluding grated or powdered) for the other leaders experienced more modest paces of growth.

Exports of Processed cheese (excluding grated or powdered)

Exports in the Middle East

In 2020, the amount of processed cheese (excluding grated or powdered) exported in the Middle East stood at X tons, surging by X% compared with the year before. Total exports indicated a measured increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) totaled $X in 2020. Total exports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

The biggest shipments were from Turkey (X tons), Saudi Arabia (X tons) and Bahrain (X tons), together reaching X% of total export. It was distantly followed by the United Arab Emirates (X tons), committing a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest processed cheese (excluding grated or powdered) supplying countries in the Middle East were Bahrain ($X), Saudi Arabia ($X) and Turkey ($X), together accounting for X% of total exports. The United Arab Emirates lagged somewhat behind, comprising a further X United Arab Emirates saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the export price for processed cheese (excluding grated or powdered) in the Middle East amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bahrain ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports in the Middle East

In 2020, imports of processed cheese (excluding grated or powdered) in the Middle East declined to X tons, which is down by -X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) contracted to $X in 2020. Total imports indicated slight growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Saudi Arabia represented the major importer of processed cheese (excluding grated or powdered) in the Middle East, with the volume of imports reaching X tons, which was approx. X% of total imports in 2020. Iraq (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by the United Arab Emirates (X%) and Oman (X%). Bahrain (X tons), Jordan (X tons) and Yemen (X tons) followed a long way behind the leaders.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of processed cheese (excluding grated or powdered). At the same time, Oman (+X%), Iraq (+X%), Bahrain (+X%), Yemen (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. Jordan experienced a relatively flat trend pattern. While the share of Iraq (+X p.p.), Oman (+X p.p.), Bahrain (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Saudi Arabia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported processed cheese (excluding grated or powdered) in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Saudi Arabia, imports of processed cheese (excluding grated or powdered) increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Iraq (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

In 2020, the import price for processed cheese (excluding grated or powdered) in the Middle East amounted to $X per ton, declining by -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of import peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Bahrain ($X per ton) and Saudi Arabia ($X per ton), while Iraq ($X per ton) and Jordan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Oman, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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