Middle East: Spinach Market 2024

Spinach Market Size in the Middle East

The Middle Eastern spinach market contracted modestly to $X in 2023, falling by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Spinach Production in the Middle East

In value terms, spinach production fell slightly to $X in 2023 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Turkey (X tons) remains the largest spinach producing country in the Middle East, comprising approx. X% of total volume. Moreover, spinach production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), twofold.

In Turkey, spinach production remained relatively stable over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Iran (X% per year) and Jordan (X% per year).

In 2023, the average yield of spinach in the Middle East fell modestly to X tons per ha, remaining stable against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the spinach yield hit record highs at X tons per ha in 2020; however, from 2021 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the spinach harvested area in the Middle East declined slightly to X ha, approximately equating the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2023, the growth of the spinach harvested area failed to regain momentum.

Spinach Exports

Exports in the Middle East

In 2023, spinach exports in the Middle East soared to X tons, picking up by X% compared with 2022. Overall, exports, however, saw a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, spinach exports surged to $X in 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Turkey represented the key exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X tons), Lebanon (X tons) and Palestine (X tons), together mixing up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to spinach exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%), Palestine (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. The United Arab Emirates (X p.p.), Palestine (X p.p.) and Lebanon (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest spinach supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Lebanon ($X), together accounting for X% of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of 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

The export price in the Middle East stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price recorded modest growth. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

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

Spinach Imports

Imports in the Middle East

In 2023, purchases abroad of spinach increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, spinach imports expanded slightly to $X in 2023. Overall, imports showed strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

The United Arab Emirates was the key importing country with an import of around X tons, which reached X% of total imports. Qatar (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%) and Saudi Arabia (X%). The following importers - Jordan (X tons) and Oman (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to spinach imports into the United Arab Emirates stood at X%. At the same time, Jordan (X%), Saudi Arabia (X%), Kuwait (X%), Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Qatar (X p.p.), Kuwait (X p.p.), Saudi Arabia (X p.p.) and Jordan (X p.p.) significantly strengthened its position in terms of the total imports, while Oman and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported spinach in the Middle East, comprising X% of total imports. The second position in the ranking was held by Qatar ($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 the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a remarkable increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

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 Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform