Middle East: Vinegar Market 2024

Vinegar Market Size in the Middle East

The Middle Eastern vinegar market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, showed a deep setback. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vinegar Production in the Middle East

In value terms, vinegar production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Vinegar Exports

Exports in the Middle East

In 2022, approx. X tons of vinegar were exported in the Middle East; remaining constant against the year before. Over the period under review, exports saw a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vinegar exports rose to $X in 2022. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tons), Turkey (X tons) and Iran (X tons), together resulting at X% of total export. Lebanon (X tons) ranks next in terms of the total exports with a X% share, followed by Saudi Arabia (X%). The following exporters - Oman (X tons) and Syrian Arab Republic (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iran ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Iran, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the export price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 Syrian Arab Republic ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Vinegar Imports

Imports in the Middle East

In 2022, the amount of vinegar imported in the Middle East surged to X tons, jumping by X% compared with the year before. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vinegar imports rose rapidly to $X in 2022. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Israel represented the main importer of vinegar in the Middle East, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Saudi Arabia (X tons) held the second position in the ranking, followed by Iraq (X tons) and the United Arab Emirates (X tons). All these countries together took near X% share of total imports. Oman (X tons), Kuwait (X tons) and Qatar (X tons) followed a long way behind the leaders.

Israel was also the fastest-growing in terms of the vinegar imports, with a CAGR of X% from 2012 to 2022. At the same time, Iraq (X%), Oman (X%), the United Arab Emirates (X%), Kuwait (X%), Saudi Arabia (X%) and Qatar (X%) displayed positive paces of growth. From 2012 to 2022, the share of Israel and Iraq increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Iraq, 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, which is down by X% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs 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 Qatar ($X per ton), while Israel ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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