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GCC - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Vegetable Market 2024
Vegetable Market Size in GCC
The GCC vegetable market totaled $X in 2023, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.
Vegetable Production in GCC
In value terms, vegetable production contracted modestly to $X in 2023 estimated in export price. Overall, production, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.
Saudi Arabia (X tons) remains the largest vegetable producing country in GCC, comprising approx. X% of total volume. Moreover, vegetable production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Oman (X tons), threefold. Kuwait (X tons) ranked third in terms of total production with an X% share.
In Saudi Arabia, vegetable production 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: Oman (X% per year) and Kuwait (X% per year).
In 2023, the average yield of vegetables in GCC reduced to X tons per ha, waning by X% on the year before. The yield indicated notable growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vegetable yield decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2023, the growth of the vegetable 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 2023, approx. X ha of vegetables were harvested in GCC; with a decrease of X% compared with 2022 figures. The harvested area 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 pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2022, and then dropped slightly in the following year.
Vegetable Exports
Exports in GCC
Vegetable exports soared to X tons in 2023, with an increase of X% compared with the year before. Overall, exports, however, continue to indicate a perceptible reduction. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.
In value terms, vegetable exports surged to $X in 2023. Total exports indicated measured growth from 2012 to 2023: its value 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, exports decreased by X% against 2021 indices. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
Exports by Country
In 2023, the United Arab Emirates (X tons) represented the largest exporter of vegetables, mixing up X% of total exports. Saudi Arabia (X tons) held the second position in the ranking, followed by Oman (X tons). All these countries together took near X% share of total exports.
The United Arab Emirates was also the fastest-growing in terms of the vegetables exports, with a CAGR of X% from 2012 to 2023. Oman experienced a relatively flat trend pattern. Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Saudi Arabia (X p.p.) displayed negative dynamics.
In value terms, the United Arab Emirates ($X) remains the largest vegetable supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with an X% share of total exports.
In the United Arab Emirates, vegetable exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).
Export Prices by Country
The export price in GCC stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.
Vegetable Imports
Imports in GCC
In 2023, imports of vegetables in GCC soared to X tons, with an increase of X% on 2022 figures. Total imports indicated a mild increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.
In value terms, vegetable imports surged 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 $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
The United Arab Emirates represented the main importer of vegetables in GCC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Saudi Arabia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%), Qatar (X%), Oman (X%) and Bahrain (X%).
The United Arab Emirates was also the fastest-growing in terms of the vegetables imports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%), Qatar (X%), Kuwait (X%) and Bahrain (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates and Oman increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported vegetables in GCC, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Kuwait, with an X% share.
In the United Arab Emirates, vegetable imports 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 Kuwait (X% per year).
Import Prices by Country
In 2023, the import price in GCC amounted to $X per ton, remaining constant against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 an increase of X%. The level of import peaked in 2023 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Kuwait ($X per ton) and the United Arab Emirates ($X per ton), while Oman ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the vegetable market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 116 - Potatoes
- FCL 388 - Tomatoes, fresh
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
- FCL 406 - Garlic
- FCL 407 - Leeks and other alliaceous vegetables
- FCL 393 - Cauliflowers and broccoli
- FCL 372 - Lettuce and chicory
- FCL 426 - Carrot
- FCL 397 - Cucumbers and gherkins
- FCL 417 - Peas, green
- FCL 414 - Beans, green
- FCL 423 - String Beans
- FCL 367 - Asparagus
- FCL 399 - Eggplants
- FCL 401 - Chillies and peppers (green)
- FCL 373 - Spinach
- FCL 260 - Olives
- FCL 394 - Pumpkins, squash and gourds
- FCL 463 - Vegetables, Fresh n.e.s.
- FCL 446 - Green Corn (Maize)
- FCL 430 - Okra
- FCL 394 - Pumpkins, squash and gourds
- FCL 378 - Cassava leaves
- FCL 366 - Artichokes
- FCL 260 - Olives
- FCL 358 - Cabbages
- FCL 449 - Mushrooms
- FCL 366 - Artichokes
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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