MENA: Maltodextrine Market 2024

Maltodextrine Market Size in MENA

In 2023, the MENA's maltodextrine market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Maltodextrine Production in MENA

In value terms, maltodextrine production declined slightly to $X in 2023 estimated in export price. In general, production saw a slight decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Maltodextrine Exports

Exports in MENA

In 2023, overseas shipments of maltodextrine and maltodextine syrup decreased by X% to X tons, falling for the second consecutive year after five years of growth. Total exports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, maltodextrine exports surged to $X in 2023. Total exports indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Turkey (X tons) was the key exporter of maltodextrine and maltodextine syrup, constituting X% of total exports. It was distantly followed by Israel (X tons), creating an X% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to maltodextrine exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Israel (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest maltodextrine supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports.

In Turkey, maltodextrine exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Maltodextrine Imports

Imports in MENA

In 2023, after two years of decline, there was significant growth in supplies from abroad of maltodextrine and maltodextine syrup, when their volume increased by X% to X tons. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, maltodextrine imports surged to $X in 2023. Total imports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Egypt (X tons), Algeria (X tons), Israel (X tons), Saudi Arabia (X tons) and Morocco (X tons) were the main importers of maltodextrine and maltodextine syrup, together generating X% of total imports. The following importers - Iraq (X tons), Iran (X tons), Yemen (X tons), Oman (X tons), Tunisia (X tons) and Kuwait (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in MENA, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Egypt, with an X% share.

In Turkey, maltodextrine imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform