MENA: Tomato Juice Market 2024

Tomato Juice Market Size in MENA

In 2023, the MENA's tomato juice market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Tomato Juice Production in MENA

In value terms, tomato juice production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Tomato Juice Exports

Exports in MENA

In 2023, overseas shipments of tomato juice decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, tomato juice exports reduced dramatically to $X in 2023. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Turkey (X tons) was the major exporter of tomato juice, creating X% of total exports. It was distantly followed by Iran (X tons), Israel (X tons), the United Arab Emirates (X tons) and Kuwait (X tons), together making up a X% share of total exports. The following exporters - Saudi Arabia (X tons) and Egypt (X tons) - each finished at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to tomato juice exports from Turkey stood at X%. At the same time, Iran (X%), Israel (X%), the United Arab Emirates (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Saudi Arabia (X%) and Egypt (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.), Turkey (X p.p.), Israel (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Saudi Arabia (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest tomato juice supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

In Turkey, tomato juice exports contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Iran (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, jumping by X% against the previous year. Export price indicated a mild increase 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, tomato juice export price increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Tomato Juice Imports

Imports in MENA

In 2023, the amount of tomato juice imported in MENA dropped modestly to X tons, shrinking by X% compared with 2022 figures. Total imports indicated a notable increase from 2012 to 2023: its volume 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, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, tomato juice imports totaled $X in 2023. Total imports indicated pronounced growth from 2012 to 2023: its value 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 increased by X% against 2021 indices. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Israel was the main importer of tomato juice in MENA, with the volume of imports finishing at X tons, which was near X% of total imports in 2023. The United Arab Emirates (X tons) took the second position in the ranking, followed by Oman (X tons), Palestine (X tons) and Yemen (X tons). All these countries together held near X% share of total imports. Jordan (X tons), Saudi Arabia (X tons), Egypt (X tons), Bahrain (X tons), Libya (X tons), Qatar (X tons) and Morocco (X tons) took a relatively small share of total imports.

Imports into Israel increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%), Oman (X%), Egypt (X%), Palestine (X%) and Yemen (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Libya (X%), Saudi Arabia (X%), Morocco (X%), Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. Israel (X p.p.), Oman (X p.p.), Saudi Arabia (X p.p.), Jordan (X p.p.), Palestine (X p.p.), Yemen (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total imports, while Libya, the United Arab Emirates, Morocco, Bahrain and Qatar saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2023, respectively.

In value terms, Israel ($X) constitutes the largest market for imported tomato juice in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In Israel, tomato juice imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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 ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform