Middle East: Rye Market 2024

Rye Market Size in the Middle East

In 2022, the Middle Eastern rye market increased by 13% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, saw a pronounced downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Rye Production in the Middle East

In value terms, rye production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 when the production volume increased by 107% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Turkey (X tons) remains the largest rye producing country in the Middle East, accounting for 100% of total volume.

In Turkey, rye production decreased by an average annual rate of -3.9% over the period from 2012-2022.

The average rye yield soared to X tons per ha in 2022, growing by 18% on 2021 figures. In general, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by 20%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the rye yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rye were harvested in the Middle East; increasing by 5% compared with the year before. Over the period under review, the harvested area, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2018 with an increase of 9.7%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Rye Exports

Exports in the Middle East

In 2022, after two years of decline, there was significant growth in overseas shipments of rye, when their volume increased by 636% to X tons. Over the period under review, exports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2016 with an increase of 2,083%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, rye exports surged to $X in 2022. In general, exports, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2016 with an increase of 1,644% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) and Israel (X tons) dominates exports structure, together creating 94% of total exports. It was distantly followed by Turkey (X tons), achieving a 5.6% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +34.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest rye supplier in the Middle East, comprising 77% of total exports. The second position in the ranking was held by Israel ($X), with a 16% share of total exports.

In the United Arab Emirates, rye exports expanded at an average annual rate of +46.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+6.0% per year) and Turkey (-50.6% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with a decrease of -54.4% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 82% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Israel ($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 (+8.8%), while the other leaders experienced mixed trends in the export price figures.

Rye Imports

Imports in the Middle East

Rye imports declined sharply to X tons in 2022, reducing by -49.8% on the year before. Over the period under review, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2018 when imports increased by 270% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, rye imports contracted significantly to $X in 2022. In general, imports showed a perceptible reduction. The pace of growth was the most pronounced in 2018 when imports increased by 279%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) represented the key importer of rye, mixing up 61% of total imports. It was distantly followed by Israel (X tons), constituting a 35% share of total imports. Saudi Arabia (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkey (with a CAGR of +15.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest rye importing markets in the Middle East were Turkey ($X), Israel ($X) and Saudi Arabia ($X), with a combined 99% share of total imports.

Turkey, with a CAGR of +20.2%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, picking up by 28% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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