GCC: Food Mixer Market 2024

Food Mixer Market Size in GCC

After four years of growth, the GCC food mixer market decreased by X% to $X in 2022. The total consumption indicated a strong 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, consumption increased by X% against 2017 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then declined slightly in the following year.

Food Mixer Production in GCC

In value terms, food mixer production fell slightly to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Food Mixer Exports

Exports in GCC

In 2022, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors exported in GCC declined significantly to X units, reducing by X% against 2021. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, food mixer exports declined remarkably to $X in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. Oman (X units) ranks second in terms of the total exports with a X% share, followed by Bahrain (X%). The following exporters - Saudi Arabia (X units) and Kuwait (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to food mixer exports from the United Arab Emirates stood at X%. At the same time, Oman (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) and Kuwait (X%) illustrated a downward trend over the same period. Oman (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Kuwait saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest food mixer supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with an X% share of total exports. It was followed by Bahrain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Oman ($X per unit) and Saudi Arabia ($X per unit), while Kuwait ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced more modest paces of growth.

Food Mixer Imports

Imports in GCC

After four years of growth, overseas purchases of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by X% to X units in 2022. In general, imports, however, saw noticeable growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then contracted markedly in the following year.

In value terms, food mixer imports declined slightly to $X in 2022. Total imports indicated measured growth 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 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X units, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X units) and Qatar (X units), together creating an X% share of total imports. Oman (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Qatar (X%), Oman (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates 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 United Arab Emirates ($X) constitutes the largest market for imported domestic food grinders and mixers and fruit or vegetable juice extractors in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, increasing by X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price 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, food mixer import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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