MENA: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in MENA

The MENA's sugary soft drink market dropped modestly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Sugary Soft Drink Production in MENA

In value terms, sugary soft drink production contracted modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Sugary Soft Drink Exports

Exports in MENA

In 2022, shipments abroad of sugary soft drinks increased by X% to X litres, rising for the third consecutive year after two years of decline. Total exports indicated a buoyant increase from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, sugary soft drink exports soared to $X in 2022. Over the period under review, exports posted a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Turkey was the major exporter of sugary soft drinks in MENA, with the volume of exports amounting to X litres, which was approx. X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X litres) and Saudi Arabia (X litres), together creating a X% share of total exports. The following exporters - Oman (X litres), Lebanon (X litres), Kuwait (X litres) and Algeria (X litres) - each finished at an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sugary soft drink supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total exports. Lebanon, Oman, Kuwait and Algeria lagged somewhat behind, together comprising a further X%.

Oman, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the export price in MENA amounted to $X per litre, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per litre), while Algeria ($X per litre) was amongst the lowest.

From 2012 to 2022, 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.

Sugary Soft Drink Imports

Imports in MENA

In 2022, approx. X litres of sugary soft drinks were imported in MENA; with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, sugary soft drink imports rose slightly to $X in 2022. Total imports indicated strong 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 pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Turkey (X litres), the United Arab Emirates (X litres), Saudi Arabia (X litres), Yemen (X litres), Iraq (X litres), Syrian Arab Republic (X litres), Kuwait (X litres), Israel (X litres), Libya (X litres), Jordan (X litres), Oman (X litres) and Iran (X litres) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugary soft drink importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X), together accounting for X% of total imports. Saudi Arabia, Yemen, Iraq, Israel, Libya, Jordan, Oman, Syrian Arab Republic and Iran lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Syrian Arab Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per litre, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per litre in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per litre), while Syrian Arab Republic ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :