Middle East: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in the Middle East

The Middle Eastern tomato ketchup market reduced to $X in 2022, with a decrease of -7.9% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then fell in the following year.

Tomato Ketchup Production in the Middle East

In value terms, tomato ketchup production dropped to $X in 2022 estimated in export price. In general, production, however, posted mild growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 47%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Tomato Ketchup Exports

Exports in the Middle East

In 2022, tomato ketchup exports in the Middle East stood at X tons, with an increase of 3% on 2021 figures. Over the period under review, exports, however, showed a slight descent. The pace of growth was the most pronounced in 2014 when exports increased by 11% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato ketchup exports expanded to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 5.6% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) represented the key exporters of tomato ketchup and tomato sauces in 2022, resulting at near 33% and 29% of total exports, respectively. Oman (X tons) took the next position in the ranking, followed by Saudi Arabia (X tons) and Kuwait (X tons). All these countries together took approx. 32% share of total exports. Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Iran (with a CAGR of +41.2%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Oman ($X) were the countries with the highest levels of exports in 2022, with a combined 74% share of total exports. Saudi Arabia, Kuwait and Iran lagged somewhat behind, together accounting for a further 22%.

Iran, with a CAGR of +34.4%, 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

The export price in the Middle East stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 8% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.0%), while the other leaders experienced more modest paces of growth.

Tomato Ketchup Imports

Imports in the Middle East

In 2022, approx. X tons of tomato ketchup and tomato sauces were imported in the Middle East; with an increase of 2.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.9% over the period 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 2017 when imports increased by 17%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, tomato ketchup imports rose slightly to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2012 indices. The pace of growth appeared the most rapid in 2013 with an increase of 15%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented the main importers of tomato ketchup and tomato sauces in 2022, resulting at approx. 22% and 18% of total imports, respectively. Israel (X tons) ranks next in terms of the total imports with a 12% share, followed by Kuwait (10%), Iraq (9.3%), Qatar (6.9%) and Turkey (5.4%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey (with a CAGR of +16.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 57% of total imports.

Among the main importing countries, Israel, with a CAGR of +11.9%, recorded the highest rates of growth with regard to 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, remaining relatively unchanged against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 4.3%. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Qatar ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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