MENA: Bread And Bakery Market 2024

Bread And Bakery Market Size in MENA

The MENA's bread and bakery market stood at $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a measured expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Bread And Bakery Production in MENA

In value terms, bread and bakery production amounted to $X in 2023 estimated in export price. In general, production, however, posted a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Bread And Bakery Exports

Exports in MENA

Bread and bakery exports was estimated at X tons in 2023, growing by X% on 2022 figures. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, bread and bakery exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the largest exporter of bread and bakery in MENA, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. Saudi Arabia (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and Oman (X%). The following exporters - Egypt (X tons), Israel (X tons) and Iran (X tons) - together made up X% of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%), Egypt (X%) and Israel (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. The United Arab Emirates and Iran experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Oman (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest bread and bakery supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

In Turkey, bread and bakery exports 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 the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 when the export price increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Iran ($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.

Bread And Bakery Imports

Imports in MENA

Bread and bakery imports surged to X tons in 2023, picking up by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, bread and bakery imports expanded notably to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Iraq represented the main importing country with an import of around X tons, which recorded X% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Yemen (X tons), Saudi Arabia (X tons), Israel (X tons), Kuwait (X tons) and Oman (X tons). All these countries together held near X% share of total imports. The following importers - Libya (X tons), Morocco (X tons), Jordan (X tons), Palestine (X tons), Turkey (X tons) and Lebanon (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to bread and bakery imports into Iraq stood at X%. At the same time, Morocco (X%), Israel (X%), Palestine (X%), Oman (X%), Kuwait (X%), Turkey (X%), the United Arab Emirates (X%), Yemen (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Libya (X%), Saudi Arabia (X%) and Lebanon (X%) illustrated a downward trend over the same period. Iraq (X p.p.), Morocco (X p.p.), Israel (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon, Libya and Saudi Arabia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Israel, Kuwait, Yemen, Oman, Libya, Morocco, Jordan, Turkey, Palestine and Lebanon lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, saw 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 2023, the import price in MENA amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform