Flakes; of Potatoes Price in Saudi Arabia - 2021

Contents:

  1. Flakes; of Potatoes Price in Saudi Arabia (CIF) - 2022
  2. Flakes; of Potatoes Price in Saudi Arabia (FOB) - 2022
  3. Flakes; of Potatoes Imports in Saudi Arabia
  4. Flakes; of Potatoes Exports in Saudi Arabia

Flakes; of Potatoes Price in Saudi Arabia (CIF) - 2022

The average flakes; of potatoes import price stood at $3,028 per ton in 2022, picking up by 4.9% against the previous year. Overall, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $3,847 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($10,012 per ton), while the price for Germany ($1,454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Saudi Arabia (FOB) - 2022

The average flakes; of potatoes export price stood at less than $0.1 per ton in 2021, declining by 99.9% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 122%. As a result, the export price reached the peak level of $2,144 per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2021, the rate of growth in terms of prices for Lebanon amounted to +2.9% per year.

Flakes; of Potatoes Imports in Saudi Arabia

After three years of growth, overseas purchases of flakes; of potatoeses decreased by -5.8% to 4.7K tons in 2022. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of 4.9K tons, and then contracted in the following year.

In value terms, flakes; of potatoes imports fell slightly to $14M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 2.3%. As a result, imports reached the peak of $14M, and then fell slightly in the following year.

Import of Flakes; of Potatoes in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia7.38.57.98.34.4%
Germany0.52.12.62.877.6%
Netherlands1.90.70.81.2-14.2%
Belgium1.31.30.81.2-2.6%
EgyptN/AN/A0.7N/A0%
Others2.81.31.50.6-40.2%
Total13.814.014.314.10.7%

Top Suppliers of Flakes; of Potatoes to Saudi Arabia in 2022:

  1. Germany (1905.6 tons)
  2. Australia (833.6 tons)
  3. Belgium (815.4 tons)
  4. Netherlands (709.9 tons)

Flakes; of Potatoes Exports in Saudi Arabia

In 2020, the amount of flakes; of potatoeses exported from Saudi Arabia reduced rapidly to 27 tons, dropping by -42.4% against 2019. In general, exports continue to indicate a dramatic decline.

In value terms, flakes; of potatoes exports contracted markedly to $58K in 2020. Overall, exports continue to indicate a dramatic slump.

Export of Flakes; of Potatoes in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Jordan48.4N/A17.6-39.7%
Maldives11.7N/AN/A0%
Palestine37.2N/AN/A0%
OthersN/A57.6-17.6-130.6%
Total97.357.6N/A-40.8%

Top Export Markets for Flakes; of Potatoes from Saudi Arabia in 2022:

  1. Jordan (7.2 tons)

Source: IndexBox Market Intelligence Platform

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