Saudi Arabia - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Baking Powder Price in Saudi Arabia - 2021
Contents:
- Prepared Baking Powder Price in Saudi Arabia (CIF) - 2022
- Prepared Baking Powder Price in Saudi Arabia (FOB) - 2022
- Prepared Baking Powder Imports in Saudi Arabia
- Prepared Baking Powder Exports in Saudi Arabia
Prepared Baking Powder Price in Saudi Arabia (CIF) - 2022
In 2022, the average prepared baking powder import price amounted to $2,337 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 9.9%. The import price peaked at $3,382 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the United States ($4,489 per ton), while the price for Jordan ($1,304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Baking Powder Price in Saudi Arabia (FOB) - 2022
The average prepared baking powder export price stood at $3,475 per ton in 2022, falling by -7.5% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared baking powder export price increased by +20.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,755 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($4,223 per ton), while the average price for exports to Yemen ($1,112 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 the United Arab Emirates (+0.1%), while the prices for the other major destinations experienced a decline.
Prepared Baking Powder Imports in Saudi Arabia
In 2022, after three years of growth, there was decline in purchases abroad of prepared baking powders, when their volume decreased by -3.9% to 10K tons. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.4% against the previous year. As a result, imports reached the peak of 10K tons, and then declined slightly in the following year.
In value terms, prepared baking powder imports reduced to $23M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, imports reached the peak of $25M, and then declined in the following year.
| Import of Prepared Baking Powder in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.7 | 3.6 | 5.0 | 4.8 | 9.1% |
| France | 4.8 | 4.1 | 3.8 | 4.0 | -5.9% |
| Egypt | 2.9 | 3.2 | 4.0 | 3.8 | 9.4% |
| Malta | 2.5 | 4.2 | 2.6 | 2.9 | 5.1% |
| Mexico | 0.8 | 1.7 | 2.5 | 2.4 | 44.2% |
| Turkey | 4.0 | 0.9 | N/A | 2.3 | -16.8% |
| China | 0.3 | 0.5 | 1.7 | 1.6 | 74.7% |
| Jordan | 1.0 | 1.0 | 1.1 | 1.1 | 3.2% |
| Spain | N/A | 2.4 | 3.1 | N/A | 29.2% |
| Others | 0.6 | 0.7 | 0.9 | 0.5 | -5.9% |
| Total | 20.6 | 22.2 | 24.8 | 23.5 | 4.5% |
Top Suppliers of Prepared Baking Powder to Saudi Arabia in 2022:
- Egypt (1.8K tons)
- Turkey (1.7K tons)
- France (1.5K tons)
- Mexico (1.2K tons)
- United States (1.1K tons)
- Malta (0.8K tons)
- Jordan (0.8K tons)
- China (0.8K tons)
Prepared Baking Powder Exports in Saudi Arabia
Prepared baking powder exports from Saudi Arabia shrank markedly to 1K tons in 2022, which is down by -27.1% on 2021 figures. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year.
In value terms, prepared baking powder exports shrank rapidly to $3.6M in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 186%.
| Export of Prepared Baking Powder in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 207 | 899 | 4,103 | 2,217 | 120.4% |
| United Arab Emirates | 4,081 | 501 | 526 | 906 | -39.4% |
| Oman | 937 | 106 | 197 | 220 | -38.3% |
| Sudan | 127 | 97.3 | 202 | 109 | -5.0% |
| Bahrain | 47.7 | 134 | 198 | 107 | 30.9% |
| Yemen | 102 | 107 | 52.6 | 46.4 | -23.1% |
| Others | 63.2 | 24.5 | 64.4 | N/A | 0.9% |
| Total | 5,565 | 1,869 | 5,345 | 3,607 | -13.5% |
Top Export Markets for Prepared Baking Powder from Saudi Arabia in 2022:
- Kuwait (525.1 tons)
- United Arab Emirates (287.9 tons)
- Sudan (76.0 tons)
- Oman (60.1 tons)
- Bahrain (47.1 tons)
- Yemen (41.8 tons)
This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders
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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