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Saudi Arabia - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Temporarily Preserved Vegetable Market 2024
Temporarily Preserved Vegetable Market Size in Saudi Arabia
The Saudi temporarily preserved vegetable market contracted to $X in 2022, declining by -11.9% against the previous year. In general, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -31.0% against 2017 indices. Temporarily preserved vegetable consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.
Temporarily Preserved Vegetable Production in Saudi Arabia
In value terms, temporarily preserved vegetable production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 180% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.
Temporarily Preserved Vegetable Exports
Exports from Saudi Arabia
In 2022, overseas shipments of vegetables (temporarily preserved) increased by 13% to X tons, rising for the third year in a row after four years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 601%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, temporarily preserved vegetable exports shrank notably to $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 890% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.
Exports by Country
Bahrain (X tons) was the main destination for temporarily preserved vegetable exports from Saudi Arabia, accounting for a approx. 99.9% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to +74.0%.
In value terms, Bahrain ($X) emerged as the key foreign market for vegetables (temporarily preserved) exports from Saudi Arabia.
From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain stood at +61.8%.
Export Prices by Country
In 2022, the average temporarily preserved vegetable export price amounted to $X per ton, dropping by -34.6% against the previous year. In general, the export price saw a deep reduction. The growth pace was the most rapid in 2016 an increase of 187%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -3.2% per year.
Temporarily Preserved Vegetable Imports
Imports into Saudi Arabia
After five years of growth, purchases abroad of vegetables (temporarily preserved) decreased by -24.2% to X tons in 2021. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 324% against the previous year. Imports peaked at X tons in 2020, and then shrank notably in the following year.
In value terms, temporarily preserved vegetable imports declined dramatically to $X in 2021. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 172%. Imports peaked at $X in 2020, and then reduced notably in the following year.
Imports by Country
Mexico (X tons), Spain (X tons) and Morocco (X tons) were the main suppliers of temporarily preserved vegetable imports to Saudi Arabia, together comprising 67% of total imports. India, Greece, Colombia, the United States and Egypt lagged somewhat behind, together comprising a further 30%.
From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +42.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest temporarily preserved vegetable suppliers to Saudi Arabia were Spain ($X), Mexico ($X) and Morocco ($X), together accounting for 66% of total imports. Greece, India, the United States, Colombia and Egypt lagged somewhat behind, together accounting for a further 31%.
India, with a CAGR of +35.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average temporarily preserved vegetable import price amounted to $X per ton, rising by 2.7% against the previous year. Overall, the import price continues to indicate a mild increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 66%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the temporarily preserved vegetable 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 474 - Vegetables, Temporarily Preserved
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
- 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 VOLUME AND VALUE
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
- 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
- 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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