Middle East: Sugar Cane Market 2024

Sugar Cane Market Size in the Middle East

The Middle Eastern sugar cane market expanded to $X in 2022, increasing by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Sugar Cane Production in the Middle East

In value terms, sugar cane production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The country with the largest volume of sugar cane production was Iran (X tons), comprising approx. X% of total volume.

In Iran, sugar cane production increased at an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of sugar cane in the Middle East reduced to X tons per ha, which is down by X% against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the sugar cane yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar cane were harvested in the Middle East; leveling off at the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sugar cane production reached the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

Sugar Cane Exports

Exports in the Middle East

In 2022, after two years of decline, there was significant growth in shipments abroad of sugar cane, when their volume increased by X% to X tons. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sugar cane exports surged to $X in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, recording X tons, which was near X% of total exports in 2022. Oman (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%). Saudi Arabia (X tons) held a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the sugar cane exports, with a CAGR of X% from 2012 to 2022. At the same time, Iran (X%), Saudi Arabia (X%) and Oman (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) and Oman (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest sugar cane supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a 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 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 (X%), while the other leaders experienced a decline in the export price figures.

Sugar Cane Imports

Imports in the Middle East

In 2022, the amount of sugar cane imported in the Middle East skyrocketed to X tons, rising by X% against 2021 figures. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sugar cane imports skyrocketed to $X in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the main importer of sugar cane, making up X% of total imports. It was distantly followed by Kuwait (X tons), making up a X% share of total imports. The following importers - Qatar (X tons) and Bahrain (X tons) - together made up X% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the sugar cane imports, with a CAGR of X% from 2012 to 2022. At the same time, Qatar (X%) displayed positive paces of growth. By contrast, Bahrain (X%) and Kuwait (X%) illustrated a downward trend over the same period. Kuwait (X p.p.), Qatar (X p.p.), the United Arab Emirates (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sugar cane importing markets in the Middle East were the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X), together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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