Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia - 2022

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia (FOB) - 2022
  2. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia (FOB) - 2022

In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $5,616 per ton, declining by -25% against the previous year. In general, the export price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of 91% against the previous year. As a result, the export price reached the peak level of $7,487 per ton, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($21,522 per ton), while the average price for exports to Thailand ($4,985 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 Yemen (+138.9%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia

In 2022, the amount of nuts, edible; mixtures of nuts or dried fruits of chapter 8 exported from Saudi Arabia contracted to 4 tons, which is down by -13.2% on 2021. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 dropped notably to $22K in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 231%. As a result, the exports reached the peak of $35K, and then reduced rapidly in the following year.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Saudi Arabia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ThailandN/AN/A19.10%
Bahrain10.418.02.5-51.0%
YemenN/A15.8N/A0%
KuwaitN/A0.8N/A0%
OthersN/AN/A0.90%
Total10.434.522.547.1%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Saudi Arabia in 2022:

  1. Thailand (3.8 tons)
  2. Bahrain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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