Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia - 2022

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (CIF) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (FOB) - 2022
  3. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia
  4. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (CIF) - 2022

In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $688 per ton, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 98% against the previous year. As a result, import price reached the peak level of $768 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +8.2% per year.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $680 per ton in 2022, shrinking by -9.8% against the previous year. Overall, the export price, however, recorded a measured increase. The pace of growth was the most pronounced in 2021 an increase of 30%. As a result, the export price attained the peak level of $754 per ton, and then declined 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 the United Arab Emirates ($2,264 per ton), while the average price for exports to Kuwait ($379 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 the United Arab Emirates (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia

For the third consecutive year, Saudi Arabia recorded decline in overseas purchases of leguminous vegetables; shelled or unshelled, fresh or chilleds, which decreased by 0% to 2.6K tons in 2022. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of -41.8% was in 2020.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds totaled $1.8M in 2022. In general, imports saw a dramatic decrease. The smallest decline of -37.1% was in 2020.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3.53.3N/A1.6-23.0%
Egypt2.0N/AN/AN/A0%
Others0.20.3N/A0.20.0%
Total5.63.5N/A1.8-31.5%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Saudi Arabia in 2022:

  1. Australia (2.3K tons)

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia

In 2022, the amount of leguminous vegetables; shelled or unshelled, fresh or chilleds exported from Saudi Arabia fell to 2.2K tons, reducing by -12.2% compared with the year before. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds contracted significantly to $1.5M in 2022. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait1,373720593609-23.7%
United Arab Emirates560149788544-1.0%
Oman59.618.724717142.1%
Yemen25619182.1120-22.3%
Bahrain63.819.681.556.3-4.1%
Others22.08.4101N/A114.3%
Total2,3331,1071,8931,500-13.7%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Saudi Arabia in 2022:

  1. Kuwait (1606.3 tons)
  2. United Arab Emirates (240.5 tons)
  3. Yemen (189.6 tons)
  4. Bahrain (88.7 tons)
  5. Oman (80.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Saudi Arabia