Middle East

In September 2022, supervised milk prices saw a strong increase in Israel. Moreover, in May 2023, the price of milk was set to rise by 16%, but, days before the intended implementation of the increase, the Minister of Finance and Minister of…

Fresh milk is seeing a revival in volume sales in 2023 following a decline in the previous year due to the high rate of inflation and the increasing cost of living, which put pressure on consumers. In 2023, however, sales are witnessing healthy…

In 2022, the price of fresh milk increased significantly, and this has continued into 2023. This growth is primarily being driven by pressures of inflation at various levels, which is being seen globally as an impact of the pandemic and other…

The Dubai in United Arab Emirates report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

During the review period, e-commerce remained the fastest-growing distribution channel in MEA. This trend was driven by increased consumer demand for convenience, which prompted the diversification of retail strategies. Besides, low penetration of…

Economies in the Middle East and Africa experienced a downturn in 2020 after continuous expansion since 2015. The COVID-19 pandemic, coupled with slumping oil prices, has disturbed countries’ economic development and distorted public finances.…

The report examines the economic landscape of Bahrain and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption. However global economic…

The report examines the economic landscape of Iran and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption. However, global economic…

The report examines the economic landscape of Iraq and provides information on major monetary indicators, foreign trade and government finance. The economy contracted in real terms in 2023, dragged down by private consumption, government spending,…

The report examines the economic landscape of Israel and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…

The report examines the economic landscape of Kuwait and provides information on major monetary indicators, foreign trade and government finance. The economy stagnated in real terms in 2023, dragged down by exports, investments. Furthermore, global…

The report examines the economic landscape of Lebanon and provides information on major monetary indicators, foreign trade and government finance. The economy contracted in real terms in 2023. Global economic slowdown, rising geopolitical tensions…

The report examines the economic landscape of Oman and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption. However, global economic…

In 2023, Qatar's GDP growth slowed to 2.2%, with the hydrocarbon sector driving the economy despite production disruptions and oil price fluctuations. Qatar’s GDP per capita notably exceeded the regional average, supported by a rise in private…

In 2023, Saudi Arabia's GDP growth slowed to 0.5% due to a downturn in the oil sector and falling global oil prices. However, increased private and public spending, along with a substantial rise in gross fixed capital formation, supported the…

In 2023, real GDP growth of the United Arab Emirates (UAE) slowed to 3.3% due to a global economic slowdown and reduced oil production. Nevertheless, the non-oil sector saw rapid growth, contributing to economic resilience of the United Arab…

Edible oil prices continue to rise as a result of both local and domestic pressures and high inflation, which drives up the cost of amenities essential for manufacturing, such as water and electricity. Recent droughts and poor sunflower seed harvests…

Players in edible oils continued to face a number of ongoing challenges towards the end of the review period, not least logistical issues created by the ongoing conflict in Ukraine. The country is the world’s largest exporter of sunflower oil, and…

The number of health-conscious consumers is on the rise in the United Arab Emirates. Increasing numbers of local consumers are following a balanced diet, and they are selecting healthy food sources. Edible oils is one of the categories in which…