Middle East: Skim Powdered Milk Market 2024

Skim Powdered Milk Market Size in the Middle East

In 2022, the Middle Eastern skim powdered milk market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Skim Powdered Milk Production in the Middle East

In value terms, skim powdered milk production contracted dramatically to $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Skim Powdered Milk Exports

Exports in the Middle East

Skim powdered milk exports amounted to X tons in 2022, approximately equating 2021 figures. Over the period under review, exports saw a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, skim powdered milk exports expanded markedly to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey represented the major exporting country with an export of about X tons, which resulted at X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Saudi Arabia (X tons) and Kuwait (X tons). All these countries together held near X% share of total exports.

Turkey was also the fastest-growing in terms of the skim powdered milk exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Kuwait (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest skim powdered milk supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

In Turkey, skim powdered milk exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked 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 Turkey ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Skim Powdered Milk Imports

Imports in the Middle East

In 2022, purchases abroad of skim powdered milk decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, skim powdered milk imports contracted modestly to $X in 2022. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Yemen represented the major importer of skim powdered milk in the Middle East, with the volume of imports reaching X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with an X% share, followed by Jordan (X%) and Oman (X%). Bahrain (X tons), Lebanon (X tons), Israel (X tons), Iraq (X tons), Kuwait (X tons), Turkey (X tons), Syrian Arab Republic (X tons) and Iran (X tons) held a little share of total imports.

Imports into Yemen increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%), Oman (X%), Bahrain (X%), Israel (X%), Iraq (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Jordan (X%), Syrian Arab Republic (X%), Iran (X%) and Kuwait (X%) illustrated a downward trend over the same period. Yemen (X p.p.), Oman (X p.p.), the United Arab Emirates (X p.p.), Bahrain (X p.p.), Turkey (X p.p.), Israel (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Iran and Kuwait saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Yemen ($X) constitutes the largest market for imported skim powdered milk in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

In Yemen, skim powdered milk imports expanded 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: the United Arab Emirates (X% per year) and Jordan (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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