Middle East: Yoghurt Market 2024

Yoghurt Market Size in the Middle East

The Middle Eastern yoghurt market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Yoghurt Production in the Middle East

In value terms, yoghurt production reached $X in 2022 estimated in export price. In general, production, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 110% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in the near future.

Yoghurt Exports

Exports in the Middle East

In 2022, the amount of yoghurt exported in the Middle East fell notably to X tons, declining by -74.9% against the previous year's figure. In general, exports faced a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 69%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, yoghurt exports declined sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 68% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Israel (X tons) and the United Arab Emirates (X tons) were the major exporters of yoghurt in the Middle East, together reaching approx. 82% of total exports. It was distantly followed by Turkey (X tons), generating an 11% share of total exports. Palestine (X tons) and Bahrain (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 leading exporting countries, was attained by the United Arab Emirates (with a CAGR of +4.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest yoghurt supplying countries in the Middle East were Israel ($X), the United Arab Emirates ($X) and Turkey ($X), together accounting for 93% of total exports.

The United Arab Emirates, with a CAGR of +3.1%, recorded 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 a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, rising by 7.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Palestine (+0.6%), while the other leaders experienced a decline in the export price figures.

Yoghurt Imports

Imports in the Middle East

Yoghurt imports declined slightly to X tons in 2022, waning by -3.9% compared with the previous year. In general, imports, however, showed a modest increase. The most prominent rate of growth was recorded in 2015 with an increase of 96% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, yoghurt imports rose to $X in 2022. Over the period under review, imports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2015 when imports increased by 67%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kuwait (X tons), Oman (X tons) and the United Arab Emirates (X tons) represented roughly 69% of total imports in 2022. Palestine (X tons) held the next position in the ranking, followed by Bahrain (X tons). All these countries together took approx. 24% share of total imports. Jordan (X tons) and Israel (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel (with a CAGR of +42.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest yoghurt importing markets in the Middle East were the United Arab Emirates ($X), Kuwait ($X) and Oman ($X), together accounting for 67% of total imports. Palestine, Bahrain, Jordan and Israel lagged somewhat behind, together accounting for a further 29%.

Israel, with a CAGR of +41.1%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in the Middle East amounted to $X per ton, surging by 7.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 10% against the previous year. Over the period under review, import prices hit record highs 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 the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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