Middle East: Potato Chips Market 2024

Potato Chips Market Size in the Middle East

The Middle Eastern potato chips market contracted to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Potato Chips Production in the Middle East

In value terms, potato chips production contracted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Potato Chips Exports

Exports in the Middle East

In 2022, shipments abroad of potato chips increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, potato chips exports soared to $X in 2022. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Iran represented the major exporting country with an export of about X tons, which amounted to X% of total exports. Turkey (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%), Jordan (X%), Saudi Arabia (X%) and Lebanon (X%). Palestine (X tons) followed a long way behind the leaders.

Exports from Iran increased at an average annual rate of X% from 2012 to 2022. At the same time, Jordan (X%), Palestine (X%), the United Arab Emirates (X%), Lebanon (X%), Turkey (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Jordan, the United Arab Emirates and Palestine increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iran ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Jordan, Saudi Arabia, Lebanon and Palestine lagged somewhat behind, together comprising a further X%.

Jordan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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. In general, the export price, however, recorded a perceptible descent. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 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 the United Arab Emirates ($X per ton), while Iran ($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 more modest paces of growth.

Potato Chips Imports

Imports in the Middle East

Potato chips imports reduced to X tons in 2022, which is down by X% against the previous year. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, potato chips imports reduced rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Iraq represented the major importer of potato chips in the Middle East, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Palestine (X tons) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%), Turkey (X%) and Jordan (X%). The following importers - Israel (X tons) and Qatar (X tons) - together made up X% of total imports.

Imports into Iraq increased at an average annual rate of X% from 2012 to 2022. At the same time, Jordan (X%), Palestine (X%), Turkey (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) and Israel (X%) illustrated a downward trend over the same period. While the share of Iraq (X p.p.), Palestine (X p.p.), Jordan (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), Palestine ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Jordan, Qatar, Israel and Turkey lagged somewhat behind, together comprising a further X%.

Jordan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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, reducing by X% against the previous year. In general, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :