Starches; Inulin Price in Saudi Arabia - 2021
Contents:
- Starches; Inulin Price in Saudi Arabia (CIF) - 2022
- Starches; Inulin Price in Saudi Arabia (FOB) - 2022
- Starches; Inulin Imports in Saudi Arabia
- Starches; Inulin Exports in Saudi Arabia
Starches; Inulin Price in Saudi Arabia (CIF) - 2022
In 2022, the average starches; inulin import price amounted to $629 per ton, reducing by -29.6% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 64% against the previous year. As a result, import price attained the peak level of $894 per ton, and then declined dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,165 per ton), while the price for Egypt ($367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Saudi Arabia (FOB) - 2022
The average starches; inulin export price stood at $527 per ton in 2022, shrinking by -11.2% against the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 24% against the previous year. The export price peaked at $639 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($709 per ton), while the average price for exports to Sudan ($449 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 Sudan (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Starches; Inulin Imports in Saudi Arabia
In 2022, the amount of starches; inulins imported into Saudi Arabia skyrocketed to 26K tons, with an increase of 113% on the previous year. Over the period under review, imports, however, continue to indicate a deep downturn.
In value terms, starches; inulin imports surged to $16M in 2022. Overall, imports, however, recorded a deep downturn.
| Import of Starches; Inulin in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 7.3 | 4.0 | 0.8 | 3.8 | -19.6% |
| Turkey | 3.2 | 1.5 | N/A | 2.2 | -11.7% |
| Denmark | 1.9 | 2.2 | 1.2 | 1.7 | -3.6% |
| Netherlands | 1.2 | 1.8 | 1.5 | 1.4 | 5.3% |
| Spain | 0.3 | 0.4 | 1.5 | 1.4 | 67.1% |
| France | 0.7 | 0.3 | 0.9 | 0.9 | 8.7% |
| India | 0.4 | 1.5 | 0.3 | 0.7 | 20.5% |
| Ukraine | N/A | 3.5 | N/A | N/A | 0% |
| Pakistan | 0.6 | 1.5 | N/A | N/A | 150.0% |
| Others | 4.4 | 4.8 | 4.7 | 4.0 | -3.1% |
| Total | 20.0 | 21.6 | 10.8 | 16.2 | -6.8% |
Top Suppliers of Starches; Inulin to Saudi Arabia in 2022:
- Egypt (10.5K tons)
- Turkey (5.4K tons)
- Spain (2.1K tons)
- Denmark (1.8K tons)
- Netherlands (1.4K tons)
- India (1.3K tons)
- France (0.7K tons)
Starches; Inulin Exports in Saudi Arabia
Starches; inulin exports from Saudi Arabia soared to 8.4K tons in 2022, rising by 20% against the previous year's figure. Over the period under review, exports, however, continue to indicate a perceptible decline.
In value terms, starches; inulin exports rose markedly to $4.4M in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 7.6%. As a result, the exports attained the peak of $4.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Starches; Inulin in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 1,319 | 1,191 | 1,608 | 1,841 | 11.8% |
| Kuwait | 2,047 | 1,371 | 818 | 937 | -22.9% |
| Yemen | 25.3 | 162 | 470 | 538 | 177.0% |
| United Arab Emirates | 765 | 1,369 | 350 | 514 | -12.4% |
| Sudan | 13.2 | 96.5 | 191 | 219 | 155.0% |
| Tunisia | 40.8 | 32.8 | 141 | 162 | 58.4% |
| Bahrain | 45.6 | 163 | 115 | 132 | 42.5% |
| Egypt | N/A | 165 | 282 | N/A | 70.9% |
| Others | 90.2 | 123 | 160 | 61.6 | -11.9% |
| Total | 4,346 | 4,674 | 4,135 | 4,405 | 0.5% |
Top Export Markets for Starches; Inulin from Saudi Arabia in 2022:
- Jordan (3.6K tons)
- Kuwait (1.6K tons)
- Yemen (1.1K tons)
- United Arab Emirates (1.0K tons)
- Sudan (0.5K tons)
- Tunisia (0.3K tons)
- Bahrain (0.2K tons)
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