Saudi Arabia - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Saudi Arabia - 2021
Contents:
- Canned Vegetable Price in Saudi Arabia (CIF) - 2022
- Canned Vegetable Price in Saudi Arabia (FOB) - 2022
- Canned Vegetable Imports in Saudi Arabia
- Canned Vegetable Exports in Saudi Arabia
Canned Vegetable Price in Saudi Arabia (CIF) - 2022
The average canned vegetable import price stood at $1,263 per ton in 2021, with an increase of 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 an increase of 15%. The import price peaked in 2021 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($3,113 per ton), while the price for the United Arab Emirates ($839 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Price in Saudi Arabia (FOB) - 2022
In 2022, the average canned vegetable export price amounted to $1,310 per ton, rising by 23% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned vegetable export price decreased by -12.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 31% against the previous year. As a result, the export price attained the peak level of $1,487 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($1,498 per ton), while the average price for exports to Turkey ($705 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 Oman (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Imports in Saudi Arabia
In 2021, after two years of growth, there was significant decline in supplies from abroad of canned vegetables, when their volume decreased by -22.1% to 130K tons. In general, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of 167K tons, and then dropped markedly in the following year.
In value terms, canned vegetable imports fell dramatically to $164M in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of $198M, and then dropped dramatically in the following year.
| Import of Canned Vegetable in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 21.8 | 39.4 | 37.7 | 31.5% | |
| United Arab Emirates | 31.9 | 38.4 | 33.3 | 2.2% | |
| United States | 26.0 | 20.6 | 17.4 | -18.2% | |
| China | 27.5 | 28.1 | 16.9 | -21.6% | |
| Italy | 16.2 | 17.9 | 14.7 | -4.7% | |
| Greece | 7.1 | 8.1 | 8.8 | 11.3% | |
| Jordan | 6.6 | 7.1 | 8.0 | 10.1% | |
| Thailand | 4.9 | 7.0 | 6.9 | 18.7% | |
| Egypt | 2.3 | 2.7 | 3.2 | 18.0% | |
| Morocco | 2.1 | 1.5 | 2.5 | 9.1% | |
| Turkey | 8.5 | 5.8 | N/A | -31.8% | |
| Others | 12.4 | 21.5 | 14.8 | 9.2% | |
| Total | 167 | 198 | 164 | -0.9% | |
Top Suppliers of Canned Vegetable to Saudi Arabia in 2022:
- United Arab Emirates (39.7K tons)
- Spain (25.2K tons)
- Italy (15.2K tons)
- China (13.1K tons)
- United States (7.3K tons)
- Thailand (5.6K tons)
- Jordan (5.3K tons)
- Egypt (2.9K tons)
- Greece (2.8K tons)
- Morocco (2.1K tons)
Canned Vegetable Exports in Saudi Arabia
In 2022, overseas shipments of canned vegetables were finally on the rise to reach 11K tons after two years of decline. In general, exports, however, continue to indicate a abrupt decline.
In value terms, canned vegetable exports surged to $14M in 2022. Overall, exports, however, saw a dramatic downturn.
| Export of Canned Vegetable in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 18.2 | 10.9 | 3.5 | 11.7 | -13.7% |
| Bahrain | 0.2 | 0.3 | 0.3 | 1.4 | 91.3% |
| Germany | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Turkey | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Kuwait | 0.8 | 3.9 | 1.4 | N/A | 32.3% |
| Lebanon | 2.5 | 0.2 | N/A | N/A | -92.0% |
| Oman | 1.1 | 3.2 | 2.3 | N/A | 44.6% |
| United Arab Emirates | 1.2 | 1.2 | 0.4 | N/A | -42.3% |
| Yemen | 4.3 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 0.3 | 0.9 | 44.2% |
| Total | 28.6 | 20.6 | 8.3 | 14.5 | -20.3% |
Top Export Markets for Canned Vegetable from Saudi Arabia in 2022:
- Jordan (7.8K tons)
- Bahrain (1.9K tons)
- Germany (0.4K tons)
- Turkey (0.3K tons)
This report provides an in-depth analysis of the canned 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
-
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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1574
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1151
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1333
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1574
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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