Middle East: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in the Middle East

In 2021, the Middle Eastern market for starch other than wheat, corn or potato decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2013 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Production of Starch other than Wheat, Corn or Potato in the Middle East

In value terms, production of starch other than wheat, corn or potato shrank modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020, and then shrank in the following year.

Production By Country in the Middle East

The countries with the highest volumes of in 2021 were Turkey (X tons), Iran (X tons) and Saudi Arabia (X tons), with a combined X% share of total production. These countries were followed by Iraq, Syrian Arab Republic, Lebanon and Jordan, which together accounted for a further X 2012 to 2021, the biggest increases were in Jordan (with a CAGR of +X%), while potato for the other leaders experienced more modest paces of growth.

Exports of Starch other than Wheat, Corn or Potato

Exports in the Middle East

In 2021, after two years of decline, there was significant growth in shipments abroad of starch other than wheat, corn or potato, when their volume increased by X% to X tons. In general, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of starch other than wheat, corn or potato soared to $X in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Israel (X tons) represented the major exporter of starch other than wheat, corn or potato, comprising X% of total exports. It was distantly followed by the United Arab Emirates (X tons), comprising a X% share of total exports.

Israel was also the fastest-growing in terms of the starch other than wheat, corn or potato exports, with a CAGR of +X% from 2012 to 2021. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Israel (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) emerged as the largest starch other than wheat, corn or potato supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

In Israel, exports of starch other than wheat, corn or potato expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the rn or potato in the Middle East amounted to $X per ton, growing by X% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for starch other than wheat, corn or potato increased by +X% against 2018 indices. As a result, the export 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 exporting countries. In 2021, the country with the highest price was Israel ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (-X%).

Imports of Starch other than Wheat, Corn or Potato

Imports in the Middle East

Imports of starch other than wheat, corn or potato contracted markedly to X tons in 2021, with a decrease of -X% against the previous year's figure. Over the period under review, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports of attained the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato contracted to $X in 2021. In general, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia represented the key importer of starch other than wheat, corn or potato in the Middle East, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2021. It was distantly followed by Israel (X tons), the United Arab Emirates (X tons) and Turkey (X tons), together generating a X% share of total imports. Syrian Arab Republic (X tons), Qatar (X tons) and Oman (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to starch other than wheat, corn or potato imports into Saudi Arabia stood at -X%. At the same time, Oman (+X%), Syrian Arab Republic (+X%), Qatar (+X%), Turkey (+X%) and Israel (+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 2012-2021. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Israel, Saudi Arabia, Turkey, Syrian Arab Republic, Qatar and Oman increased by +X, +X, +X, +X, +X and +X percentage points, respectively.

In value terms, Saudi Arabia ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Turkey, Qatar, Syrian Arab Republic and Oman, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among 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 rn or potato in the Middle East stood at $X per ton in 2021, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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