GCC: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in GCC

The GCC vinegar-preserved vegetable market declined sharply to $X in 2022, reducing by X% against the previous year. Overall, consumption recorded a abrupt decrease. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Vinegar-Preserved Vegetable Production in GCC

In value terms, vinegar-preserved vegetable production skyrocketed to $X in 2022 estimated in export price. In general, production saw a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Vinegar-Preserved Vegetable Exports

Exports in GCC

In 2022, overseas shipments of vegetables in vinegar other than potatoes increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports continue to indicate notable growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vinegar-preserved vegetable exports fell to $X in 2022. Overall, exports continue to indicate mild growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the key exporter of vegetables in vinegar other than potatoes in GCC, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Saudi Arabia (X tons) ranks second in terms of the total exports with an X% share, followed by Oman (X%). Bahrain (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while Bahrain and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest vinegar-preserved vegetable supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Bahrain, with an X% share.

In the United Arab Emirates, vinegar-preserved vegetable exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price showed a slight descent. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 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 Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Vinegar-Preserved Vegetable Imports

Imports in GCC

In 2022, imports of vegetables in vinegar other than potatoes in GCC declined rapidly to X tons, falling by X% on the previous year's figure. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, vinegar-preserved vegetable imports declined dramatically to $X in 2022. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X tons, which amounted to X% of total imports. Kuwait (X tons) held the second position in the ranking, distantly followed by Qatar (X tons), Bahrain (X tons) and Oman (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vinegar-preserved vegetable imports into the United Arab Emirates stood at X%. At the same time, Bahrain (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. Kuwait experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Kuwait (X p.p.), Qatar (X p.p.), Bahrain (X p.p.) and Oman (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported vegetables in vinegar other than potatoes in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, vinegar-preserved vegetable imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the United Arab Emirates ($X per ton) and Oman ($X per ton), while Bahrain ($X per ton) and Kuwait ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :