Saudi Arabia - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Saudi Arabia - 2021
Contents:
- Breakfast Cereal Price in Saudi Arabia (CIF) - 2022
- Breakfast Cereal Price in Saudi Arabia (FOB) - 2022
- Breakfast Cereal Imports in Saudi Arabia
- Breakfast Cereal Exports in Saudi Arabia
Breakfast Cereal Price in Saudi Arabia (CIF) - 2022
The average breakfast cereal import price stood at $2,846 per ton in 2021, shrinking by -8.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24%. As a result, import price reached the peak level of $3,428 per ton. From 2017 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 Spain ($5,917 per ton), while the price for Syrian Arab Republic ($533 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+39.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Breakfast Cereal Price in Saudi Arabia (FOB) - 2022
The average breakfast cereal export price stood at $2,356 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37%. As a result, the export price reached the peak level of $3,659 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($2,336 per ton), while the average price for exports to Turkey stood at $333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Breakfast Cereal Imports in Saudi Arabia
In 2021, approx. 44K tons of breakfast cereals were imported into Saudi Arabia; jumping by 19% compared with the year before. Over the period under review, total imports indicated significant growth from 2019 to 2021: its volume increased at an average annual rate of +23.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, breakfast cereal imports totaled $124M in 2021. The total import value increased at an average annual rate of +15.3% from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.
| Import of Breakfast Cereal in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 19.9 | 25.2 | 25.1 | 12.3% | |
| Poland | 14.9 | 16.1 | 20.9 | 18.4% | |
| United States | 4.7 | 16.5 | 19.3 | 102.6% | |
| Portugal | N/A | 2.2 | 9.7 | 340.9% | |
| France | 7.9 | 8.1 | 8.2 | 1.9% | |
| China | 0.8 | 1.6 | 7.0 | 195.8% | |
| Spain | 8.6 | 7.5 | 5.2 | -22.2% | |
| Thailand | 1.4 | 2.5 | 4.2 | 73.2% | |
| Bangladesh | 4.2 | 6.4 | 4.0 | -2.4% | |
| Syrian Arab Republic | N/A | N/A | 2.7 | 0% | |
| Lebanon | 5.3 | 5.2 | 2.4 | -32.7% | |
| Turkey | 13.8 | 10.3 | N/A | -25.4% | |
| Others | 12.0 | 12.4 | 15.6 | 14.0% | |
| Total | 93.5 | 114 | 124 | 15.2% | |
Top Suppliers of Breakfast Cereal to Saudi Arabia in 2022:
- United Kingdom (7.4K tons)
- Poland (6.8K tons)
- Syrian Arab Republic (5.2K tons)
- United States (4.2K tons)
- China (4.2K tons)
- Bangladesh (3.0K tons)
- Portugal (2.3K tons)
- France (1.7K tons)
- Thailand (1.7K tons)
- Spain (0.9K tons)
- Lebanon (0.4K tons)
Breakfast Cereal Exports in Saudi Arabia
Breakfast cereal exports from Saudi Arabia amounted to 1.2K tons in 2022, increasing by 13% against 2021 figures. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 507%. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, breakfast cereal exports rose remarkably to $2.8M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 439% against the previous year. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Breakfast Cereal in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 155 | 1,962 | N/A | 2,738 | 160.4% |
| Turkey | 11.4 | 11.4 | 85.4 | 0.2 | -74.0% |
| Lebanon | 164 | 81.0 | 74.7 | N/A | -32.5% |
| United Arab Emirates | 210 | 894 | 2,104 | N/A | 216.5% |
| Others | 40.3 | 182 | 266 | 91.6 | 31.5% |
| Total | 581 | 3,130 | 2,530 | 2,830 | 69.5% |
Top Export Markets for Breakfast Cereal from Saudi Arabia in 2022:
- Jordan (1172.3 tons)
- Turkey (0.5 tons)
This report provides an in-depth analysis of the breakfast cereal 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:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
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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