GCC: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in GCC

In 2023, the GCC market for tree, flower and other seeds, fruits and spores for sowing decreased by X% to $X, falling for the seventh consecutive year after two years of growth. Overall, consumption showed a sharp decrease. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Tree, flower and other seeds, fruits and spores for sowing in GCC

In value terms, production of tree, flower and other seeds, fruits and spores for sowing fell to $X in 2023 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports in GCC

After two years of decline, shipments abroad of tree, flower and other seeds, fruits and spores for sowing increased by X% to X tons in 2023. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing skyrocketed to $X in 2023. In general, exports recorded a buoyant increase. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

The United Arab Emirates was the largest exporting country with an export of about X tons, which amounted to X% of total exports. Oman (X tons) took the second position in the ranking, distantly followed by Kuwait (X tons). All these countries together took near X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to tree, flower and other seeds, fruits and spores for sowing exports from the United Arab Emirates stood at X%. At the same time, Oman (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2023. The United Arab Emirates (X p.p.), Oman (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 ($X) remains the largest tree, flower and other seeds, fruits and spores for sowing supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports.

In the United Arab Emirates, exports of tree, flower and other seeds, fruits and spores for sowing increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, surging by X% against the previous year. In general, the export price showed a measured increase. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, 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 ($X per ton), while Oman ($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 a decline in the export price figures.

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports in GCC

In 2023, purchases abroad of tree, flower and other seeds, fruits and spores for sowing was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing soared to $X in 2023. Overall, imports, however, recorded a abrupt contraction. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the largest importer of tree, flower and other seeds, fruits and spores for sowing in GCC, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. Oman (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together held approx. X% share of total imports. Kuwait (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to tree, flower and other seeds, fruits and spores for sowing imports into Saudi Arabia stood at X%. At the same time, Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. By contrast, Kuwait (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Oman (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of 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, Saudi Arabia ($X) constitutes the largest market for imported tree, flower and other seeds, fruits and spores for sowing in GCC, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Saudi Arabia amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2023, shrinking by X% against the previous year. Import price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for tree, flower and other seeds, fruits and spores for sowing increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then contracted in the following year.

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

Source: IndexBox Platform