Saudi Arabia - Dates - Market Analysis, Forecast, Size, Trends and Insights
Dates Export Soared In Saudi Arabia, Reaching 103.6M USD In 2013
Dates produced in Saudi Arabia are considered to be among the best dates in the world. The date palm tree is even present at Saudi Arabia's coat of arms. From 2007 to 2013, Saudi Arabia exports of dates grew by X% per year, amounting to X million USD in 2013. In physical terms, they reached X thousand tonnes in 2013, which was X thousand tones (or +X%) more than the year before.
In general, the dates market in Saudi Arabia has shown mixed dynamics over the last few years. The significant growth from 2007-2011 (CAGR +X) was followed by a decline in 2012-2013 (-X%).
Similar dynamics were observed in dates output. The gradual increase over the period 2007-2011 was followed by a slight decline in 2012 and growth again in 2013. Production in physical terms increased by X% in 2013, reaching X thousand tonnes, which was far below the highest level of dates production recorded in 2011 (X thousand tonnes).
Saudi Arabia's growth in dates production is expected to accelerate to X% (currently +X%) in the medium term, amidst growing domestic demand.
The yield of dates fluctuated significantly during the analyzed period. Its lowest point was in 2009 at X Hg/HA and the highest - in 2012, with X Hg/HA. Broad harvested areas along with high yield in 2011 resulted in oversupply of dates to the Saudi Arabia market.
In 2013, the United Arab Emirates (X thousand tonnes) and the State of Palestine (X thousand tonnes) were the main suppliers of dates into Saudi Arabia, and together made up X% of its total imports. The share of the United Arab Emirates increased significantly from 2007-2013.
In 2013, Yemen (X thousand tonnes), the United Arab Emirates (X thousand tonnes) and Turkey (X thousand tones) were the main destinations of Saudi Arabia's exports, together comprising X% of its total exports. While the share of Turkey and Yemen increased significantly (+X and +X percentage points), the share of the United Arab Emirates and Qatar illustrated negative dynamics (-X and -X percentage points).
Source: IndexBox AI Platform
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
We can help you conduct market research and write a report using the most reliable data