Saudi Arabia - Quinces - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuince Price in Saudi Arabia - 2022
Contents:
- Quince Price in Saudi Arabia (CIF) - 2022
- Quince Price in Saudi Arabia (FOB) - 2022
- Quince Imports in Saudi Arabia
- Quince Exports in Saudi Arabia
Quince Price in Saudi Arabia (CIF) - 2022
In 2022, the average quince import price amounted to $964 per ton, reducing by -9.9% against the previous year. In general, the import price, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2018 an increase of 51%. The import price peaked at $1,070 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($2,831 per ton), while the price for Syrian Arab Republic ($473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Quince Price in Saudi Arabia (FOB) - 2022
In 2022, the average quince export price amounted to $636 per ton, reducing by -32.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 60% against the previous year. As a result, the export price attained the peak level of $945 per ton, and then fell sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2013 to 2022, the rate of growth in terms of prices for Bahrain amounted to +12.6% per year.
Quince Imports in Saudi Arabia
In 2022, approx. 461 tons of quinces were imported into Saudi Arabia; flattening at the year before. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 5.4% against the previous year. As a result, imports attained the peak of 557 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, quince imports fell to $444K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $489K, and then shrank in the following year.
Import of Quince in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 29.6 | 114 | 279 | 249 | 103.4% |
Turkey | 140 | 61.6 | 73.6 | 89.8 | -13.8% |
Chile | 99.4 | 113 | 45.9 | 40.8 | -25.7% |
Lebanon | 22.2 | 16.6 | 5.4 | 20.6 | -2.5% |
Syrian Arab Republic | 6.4 | 45.9 | 22.3 | 19.9 | 46.0% |
Egypt | N/A | 11.4 | 22.8 | N/A | 100.0% |
Others | 61.6 | 36.0 | 40.3 | 23.8 | -27.2% |
Total | 359 | 399 | 489 | 444 | 7.3% |
Top Suppliers of Quince to Saudi Arabia in 2022:
- Spain (187.7 tons)
- Turkey (185.1 tons)
- Syrian Arab Republic (42.1 tons)
- Chile (21.1 tons)
- Lebanon (7.3 tons)
Quince Exports in Saudi Arabia
In 2022, the amount of quinces exported from Saudi Arabia surged to 34 tons, with an increase of 308% on 2021 figures. In general, exports, however, continue to indicate a significant contraction.
In value terms, quince exports surged to $21K in 2022. Over the period under review, exports, however, recorded a precipitous shrinkage.
Export of Quince in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Oman | N/A | N/A | 21.4 | 0% | |
United Arab Emirates | 34.9 | N/A | N/A | 0% | |
Bahrain | N/A | 6.1 | N/A | 0% | |
Others | N/A | 1.7 | N/A | 0% | |
Total | 35.0 | 7.8 | 21.4 | -21.8% |
Top Export Markets for Quince from Saudi Arabia in 2022:
- Oman (33.6 tons)
This report provides an in-depth analysis of the quince market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 523 - Quinces
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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