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Saudi Arabia - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBroken Rice Price in Saudi Arabia - 2021
Contents:
- Broken Rice Price in Saudi Arabia (CIF) - 2022
- Broken Rice Price in Saudi Arabia (FOB) - 2022
- Broken Rice Imports in Saudi Arabia
- Broken Rice Exports in Saudi Arabia
Broken Rice Price in Saudi Arabia (CIF) - 2022
In 2022, the average broken rice import price amounted to $1,175 per ton, shrinking by -2.4% against the previous year. Overall, the import price, however, showed a measured expansion. The growth pace was the most rapid in 2016 when the average import price increased by 55% against the previous year. The import price peaked at $1,491 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,384 per ton), while the price for Pakistan ($387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced a decline.
Broken Rice Price in Saudi Arabia (FOB) - 2022
In 2022, the average broken rice export price amounted to $913 per ton, with a decrease of -3.5% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice export price increased by +32.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 43%. The export price peaked at $946 per ton in 2021, and then dropped modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($946 per ton), while the average price for exports to Burkina Faso ($386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in Saudi Arabia
After two years of growth, supplies from abroad of broken rice decreased by -41.7% to 10K tons in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 453% against the previous year. As a result, imports attained the peak of 17K tons, and then declined notably in the following year.
In value terms, broken rice imports declined dramatically to $12M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 627%. As a result, imports reached the peak of $21M, and then shrank rapidly in the following year.
Import of Broken Rice in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
India | 1.9 | 19.9 | 10.5 | 135.1% | |
Pakistan | 0.5 | N/A | 0.5 | 0.0% | |
United States | N/A | N/A | 0.5 | 0% | |
Thailand | N/A | N/A | 0.1 | 0% | |
Vietnam | N/A | 0.4 | N/A | 0% | |
Others | 0.4 | 0.3 | 0.1 | -50.0% | |
Total | 2.8 | 20.6 | 11.7 | 104.4% |
Top Suppliers of Broken Rice to Saudi Arabia in 2022:
- India (7.6K tons)
- Pakistan (1.3K tons)
- United States (0.7K tons)
- Thailand (0.3K tons)
Broken Rice Exports in Saudi Arabia
In 2022, the amount of broken rice exported from Saudi Arabia contracted rapidly to 26 tons, waning by -38.9% against 2021 figures. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 309% against the previous year. As a result, the exports reached the peak of 43 tons, and then shrank significantly in the following year.
In value terms, broken rice exports declined markedly to $24K in 2022. Over the period under review, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 461% against the previous year. As a result, the exports attained the peak of $41K, and then fell remarkably in the following year.
Export of Broken Rice in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 14.2 | 6.8 | 36.2 | 21.9 | 15.5% |
Bahrain | 0.4 | 0.1 | 2.3 | 1.2 | 44.2% |
Gambia | 0.3 | 0.1 | 0.9 | 0.4 | 10.1% |
Others | 0.5 | 0.2 | 1.1 | 0.4 | -7.2% |
Total | 15.4 | 7.2 | 40.5 | 23.9 | 15.8% |
Top Export Markets for Broken Rice from Saudi Arabia in 2022:
- Mauritania (23.2 tons)
- Bahrain (1.9 tons)
- Gambia (0.7 tons)
This report provides an in-depth analysis of the broken rice market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10611250 - Broken rice (including enriched rice, parboiled rice)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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