Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia - 2022
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia (CIF) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia (CIF) - 2022
In 2021, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,349 per ton, standing approx. at the previous year. In general, the import price recorded a moderate increase. The pace of growth appeared the most rapid in 2013 an increase of 64% against the previous year. The import price peaked at $1,818 per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($1,760 per ton), while the price for Egypt ($1,030 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.1%), while the prices for the other major suppliers experienced a decline.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia
In 2021, after two years of growth, there was significant decline in overseas purchases of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia, when their volume decreased by -25.9% to 3.8K tons. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 8.6%. As a result, imports reached the peak of 5.1K tons, and then declined dramatically in the following year.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia dropped remarkably to $5.1M in 2021. In general, imports recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of 7.6%. As a result, imports reached the peak of $6.9M, and then reduced markedly in the following year.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 2.7 | 3.6 | 2.6 | -1.9% | |
| Morocco | 1.9 | 2.0 | 1.3 | -17.3% | |
| Greece | 1.3 | 1.0 | 0.8 | -21.6% | |
| Egypt | N/A | N/A | 0.3 | 0% | |
| Turkey | 0.4 | N/A | N/A | 0% | |
| Others | 0.1 | 0.3 | 0.1 | 0.0% | |
| Total | 6.4 | 6.9 | 5.1 | -10.7% | |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Saudi Arabia in 2022:
- Spain (1812.6 tons)
- Morocco (1181.8 tons)
- Greece (475.8 tons)
- Egypt (279.7 tons)
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