MENA: Mustard Seed Market 2024

Mustard Seed Market Size in MENA

The MENA's mustard seed market skyrocketed to $X in 2022, rising by X% against the previous year. In general, consumption continues to indicate resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mustard Seed Production in MENA

In value terms, mustard seed production contracted notably to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Iran (X tons) constituted the country with the largest volume of mustard seed production, accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Iran totaled X%.

In 2022, the average yield of mustard seed in MENA surged to X kg per ha, growing by X% against the previous year. Overall, the yield, however, continues to indicate a dramatic decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of mustard seed in MENA contracted dramatically to X ha, waning by X% on the previous year. Overall, the harvested area recorded a noticeable decline. The growth pace was the most rapid in 2021 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

Mustard Seed Exports

Exports in MENA

In 2022, mustard seed exports in MENA dropped rapidly to X tons, falling by X% against 2021 figures. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, mustard seed exports declined to $X in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. Jordan (X tons), Bahrain (X tons), Kuwait (X tons) and Iran (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mustard seed exports from the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Bahrain (X%) and Iran (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Jordan (X%) illustrated a downward trend over the same period. Jordan (X p.p.), the United Arab Emirates (X p.p.), Bahrain (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest mustard seed supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

In the United Arab Emirates, mustard seed 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: Bahrain (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 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 Kuwait ($X per ton), while Jordan ($X per ton) was amongst the lowest.

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

Mustard Seed Imports

Imports in MENA

In 2022, the amount of mustard seed imported in MENA skyrocketed to X tons, with an increase of X% against the previous year. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, mustard seed imports soared to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Turkey (X tons), the United Arab Emirates (X tons) and Morocco (X tons) was the major importer of mustard seed in MENA, making up X% of total import. Saudi Arabia (X tons) ranks next in terms of the total imports with a X% share, followed by Algeria (X%) and Israel (X%). Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mustard seed importing markets in MENA were Turkey ($X), Morocco ($X) and the United Arab Emirates ($X), with a combined X% share of total imports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 MENA amounted to $X per ton, jumping 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.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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