Middle East: Dried Onion Market 2024

Dried Onion Market Size in the Middle East

The Middle Eastern dried onion market rose rapidly to $X in 2022, growing by X% against the previous year. In general, consumption enjoyed a prominent expansion. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Dried Onion Production in the Middle East

In value terms, dried onion production rose rapidly to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Dried Onion Exports

Exports in the Middle East

In 2022, shipments abroad of dried onions decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, dried onion exports contracted dramatically to $X in 2022. In general, exports, however, posted resilient growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), comprising a X% share of total exports. Turkey (X tons), Lebanon (X tons) and Iran (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to dried onion exports from Yemen stood at X%. At the same time, Lebanon (X%), Turkey (X%), the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, Lebanon 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 Yemen, Lebanon and Turkey increased by X, X and X percentage points, respectively.

In value terms, Yemen ($X), the United Arab Emirates ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Lebanon and Iran lagged somewhat behind, together comprising a further X%.

Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the export price in the Middle East amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum 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 Turkey ($X per ton), while Yemen ($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 a decline in the export price figures.

Dried Onion Imports

Imports in the Middle East

In 2022, the amount of dried onions imported in the Middle East skyrocketed to X tons, rising by X% compared with the previous year. Overall, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried onion imports rose significantly to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the largest importer of dried onions, comprising X% of total imports. It was distantly followed by Turkey (X tons) and Israel (X tons), together committing a X% share of total imports. The following importers - Iraq (X tons) and Palestine (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dried onion imports into the United Arab Emirates stood at X%. At the same time, Palestine (X%), Iraq (X%), Turkey (X%) and Israel (X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) and Palestine (X p.p.) significantly strengthened its position in terms of the total imports, while Israel 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, the largest dried onion importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together comprising X% of total imports. Palestine and Iraq lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Palestine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then fell significantly in the following year.

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 ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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