Mandarins Price in Saudi Arabia - 2021
Contents:
- Mandarins Price in Saudi Arabia (CIF) - 2022
- Mandarins Price in Saudi Arabia (FOB) - 2022
- Mandarins Imports in Saudi Arabia
- Mandarins Exports in Saudi Arabia
Mandarins Price in Saudi Arabia (CIF) - 2022
In 2022, the average mandarins import price amounted to $829 per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,378 per ton), while the price for Pakistan ($441 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Mandarins Price in Saudi Arabia (FOB) - 2022
The average mandarins export price stood at $1,044 per ton in 2022, with a decrease of -16.3% against the previous year. Over the period under review, the export price recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 75% against the previous year. As a result, the export price attained the peak level of $1,247 per ton, and then declined sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -1.1% per year.
Mandarins Imports in Saudi Arabia
Mandarins imports into Saudi Arabia reduced sharply to 21K tons in 2022, waning by -50% on the year before. Over the period under review, imports continue to indicate a sharp curtailment.
In value terms, mandarins imports reduced remarkably to $18M in 2022. In general, imports continue to indicate a precipitous slump.
| Import of Mandarins in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Arab Emirates | N/A | 7.1 | 0% | ||
| South Africa | 18.8 | 3.2 | -83.0% | ||
| Morocco | 1.1 | 1.8 | 63.6% | ||
| Argentina | 2.8 | 1.3 | -53.6% | ||
| Pakistan | 1.8 | 1.2 | -33.3% | ||
| Turkey | N/A | 1.0 | 0% | ||
| Australia | 1.8 | 0.8 | -55.6% | ||
| Syrian Arab Republic | 1.0 | N/A | 0% | ||
| Egypt | 5.2 | N/A | 0% | ||
| Others | 2.9 | 1.2 | -58.6% | ||
| Total | 35.3 | 17.7 | -49.9% | ||
Top Suppliers of Mandarins to Saudi Arabia in 2022:
- United Arab Emirates (8.3K tons)
- South Africa (4.1K tons)
- Pakistan (2.6K tons)
- Turkey (1.8K tons)
- Morocco (1.8K tons)
- Argentina (1.2K tons)
- Australia (0.6K tons)
Mandarins Exports in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of fruit, edible, when their volume decreased by -19.4% to 277 tons. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of 344 tons, and then fell significantly in the following year.
In value terms, mandarins exports declined dramatically to $289K in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 187% against the previous year. As a result, the exports attained the peak of $429K, and then fell sharply in the following year.
| Export of Mandarins in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 86.9 | 136 | 246 | 289 | 49.3% |
| United Arab Emirates | N/A | N/A | 72.3 | N/A | 0% |
| Sudan | N/A | N/A | 39.3 | N/A | 0% |
| Others | 13.3 | 13.9 | 70.7 | N/A | 130.6% |
| Total | 100 | 150 | 429 | 289 | 42.4% |
Top Export Markets for Mandarins from Saudi Arabia in 2022:
- Oman (277.0 tons)
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