Middle East: Wheat Gluten Market 2024

Wheat Gluten Market Size in the Middle East

For the third year in a row, the Middle Eastern wheat gluten market recorded growth in sales value, which increased by 26% to $X in 2022. The total consumption indicated buoyant 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, consumption increased by +57.5% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheat Gluten Production in the Middle East

In value terms, wheat gluten production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 27% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Wheat Gluten Exports

Exports in the Middle East

In 2022, shipments abroad of wheat gluten increased by 44% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, wheat gluten exports soared to $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 234%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons) and Iran (X tons) prevails in exports structure, together comprising 97% of total exports. The United Arab Emirates (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +62.3%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the largest wheat gluten supplier in the Middle East, comprising 67% of total exports. The second position in the ranking was taken by Iran ($X), with a 31% share of total exports.

In Turkey, wheat gluten exports expanded at an average annual rate of +65.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (+36.1% per year) and the United Arab Emirates (+44.6% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, increasing by 19% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat gluten export price increased by +57.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 32% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+5.4%), while the other leaders experienced mixed trends in the export price figures.

Wheat Gluten Imports

Imports in the Middle East

In 2022, supplies from abroad of wheat gluten increased by 23% to X tons, rising for the fifth year in a row after two years of decline. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% 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 +80.2% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheat gluten imports surged to $X in 2022. Overall, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) represented the major importer of wheat gluten, committing 63% of total imports. Saudi Arabia (X tons) held the second position in the ranking, followed by Israel (X tons). All these countries together held approx. 31% share of total imports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of +7.4% from 2012 to 2022. At the same time, the United Arab Emirates (+12.4%), Saudi Arabia (+5.4%) and Israel (+2.4%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +12.4% from 2012-2022. While the share of Turkey (+6.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported wheat gluten in the Middle East, comprising 65% of total imports. The second position in the ranking was held by Israel ($X), with a 15% share of total imports. It was followed by Saudi Arabia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled +12.2%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+5.2% per year) and Saudi Arabia (+7.1% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Israel ($X per ton) and Turkey ($X per ton), while the United Arab Emirates ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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