Middle East: Vegetable Oils Market 2025

Vegetable Oils Market Size in the Middle East

The Middle Eastern vegetable oils market rose remarkably to $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vegetable Oils Production in the Middle East

In value terms, vegetable oils production expanded to $X in 2022 estimated in export price. In general, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vegetable Oils Exports

Exports in the Middle East

In 2022, shipments abroad of vegetable fats and oils increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, faced a abrupt slump. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vegetable oils exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the key exporting country with an export of about X tons, which accounted for X% of total exports. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Turkey (X tons) and Oman (X tons). All these countries together took approx. X% share of total exports. Bahrain (X tons) took a little share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%) and Oman (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) and Turkey (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Saudi Arabia (X p.p.), Oman (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

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

In the United Arab Emirates, vegetable oils exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable oils export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Vegetable Oils Imports

Imports in the Middle East

In 2022, approx. X tons of vegetable fats and oils were imported in the Middle East; which is down by X% against the previous year's figure. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, vegetable oils imports contracted slightly to $X in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Iran (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2022. The United Arab Emirates (X tons) ranks next in terms of the total imports with a X% share, followed by Yemen (X%), Syrian Arab Republic (X%), Iraq (X%), Israel (X%) and Bahrain (X%).

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

In value terms, Turkey ($X), Iran ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The United Arab Emirates, Israel, Bahrain, Yemen, Iraq and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Bahrain, 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 import price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual 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 Israel ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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