Middle East: Sugar Cane Market 2024

Sugar Cane Market Size in the Middle East

The Middle Eastern sugar cane market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a noticeable shrinkage. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Sugar Cane Production in the Middle East

In value terms, sugar cane production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Iran (X tons) remains the largest sugar cane producing country in the Middle East, comprising approx. X% of total volume.

In Iran, sugar cane production increased at an average annual rate of X% over the period from 2012-2022.

The average sugar cane yield dropped slightly to X tons per ha in 2022, approximately equating the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar cane harvested area dropped slightly to X ha in 2022, falling by X% on the year before. In general, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the sugar cane harvested area failed to regain momentum.

Sugar Cane Exports

Exports in the Middle East

In 2022, shipments abroad of sugar cane increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sugar cane exports skyrocketed to $X in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Oman (X tons), mixing up a X% share of total exports. Saudi Arabia (X tons) took a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the sugar cane exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) displayed positive paces of growth. By contrast, Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest sugar cane supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while Oman ($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 (X%), while the other leaders experienced a decline in the export price figures.

Sugar Cane Imports

Imports in the Middle East

In 2022, sugar cane imports in the Middle East surged to X tons, with an increase of X% compared with the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sugar cane imports skyrocketed to $X in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Kuwait (X tons), mixing up a X% share of total imports. The following importers - Qatar (X tons) and Bahrain (X tons) - together made up X% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the sugar cane imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%) and Qatar (X%) displayed positive paces of growth. By contrast, Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Qatar and Bahrain increased by X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, 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, declining by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Bahrain ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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