Middle East: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in the Middle East

The Middle Eastern orange juice (single strength) market reached $X in 2022, flattening at the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Orange Juice (Single Strength) in the Middle East

In value terms, orange juice (single strength) production reached $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 22%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Orange Juice (Single Strength)

Exports in the Middle East

In 2022, the amount of orange juice (single strength) exported in the Middle East contracted to X tons, falling by -5.5% on the previous year. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 415%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, orange juice (single strength) exports reached $X in 2022. In general, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 350%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia represented the largest exporting country with an export of around X tons, which resulted at 48% of total exports. It was distantly followed by the United Arab Emirates (X tons), Kuwait (X tons) and Israel (X tons), together constituting a 45% share of total exports. Turkey (X tons) and Bahrain (X tons) followed a long way behind the leaders.

Saudi Arabia was also the fastest-growing in terms of the orange juice (single strength) exports, with a CAGR of +21.5% from 2012 to 2022. At the same time, Kuwait (+12.2%) and the United Arab Emirates (+6.9%) displayed positive paces of growth. By contrast, Bahrain (-3.4%), Israel (-3.5%) and Turkey (-10.9%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+35 p.p.) and Kuwait (+5.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bahrain (-4.9 p.p.), Israel (-17.1 p.p.) and Turkey (-18.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest orange juice (single strength) supplier in the Middle East, comprising 45% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 18% share of total exports. It was followed by Israel, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia amounted to +21.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+3.6% per year) and Israel (-1.7% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by 11% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the other leaders experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports in the Middle East

In 2022, after three years of growth, there was significant decline in overseas purchases of orange juice (single strength), when their volume decreased by -22.1% to X tons. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 287%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, orange juice (single strength) imports fell sharply to $X in 2022. Overall, imports saw a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 134%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Oman (X tons) was the largest importer of orange juice (single strength), generating 66% of total imports. It was distantly followed by Israel (X tons), the United Arab Emirates (X tons) and Iraq (X tons), together constituting a 24% share of total imports. The following importers - Bahrain (X tons), Iran (X tons) and Yemen (X tons) - each recorded a 5.8% share of total imports.

Imports into Oman increased at an average annual rate of +55.9% from 2012 to 2022. At the same time, Israel (+72.1%), Iran (+9.2%), the United Arab Emirates (+8.7%) and Yemen (+8.3%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +72.1% from 2012-2022. By contrast, Bahrain (-10.8%) and Iraq (-27.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman, Israel and the United Arab Emirates increased by +65, +11 and +6.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X) constitutes the largest market for imported orange juice (single strength) in the Middle East, comprising 53% of total imports. The second position in the ranking was taken by Israel ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

In Oman, orange juice (single strength) imports expanded at an average annual rate of +46.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (+71.5% per year) and the United Arab Emirates (+8.7% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, waning by -2.6% against the previous year. Over the period under review, the import price, however, showed a mild increase. The pace of growth appeared the most rapid in 2014 when the import price increased by 51% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :