Saudi Arabia - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Saudi Arabia - 2021
Contents:
- Preserved Olive Price in Saudi Arabia (CIF) - 2022
- Preserved Olive Price in Saudi Arabia (FOB) - 2022
- Preserved Olive Imports in Saudi Arabia
- Preserved Olive Exports in Saudi Arabia
Preserved Olive Price in Saudi Arabia (CIF) - 2022
In 2021, the average preserved olive import price amounted to $1,592 per ton, rising by 4.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 7.9% against the previous year. The import price peaked at $1,629 per ton in 2014; afterwards, it flattened through to 2021.
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 Syrian Arab Republic ($811 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Olive Price in Saudi Arabia (FOB) - 2022
The average preserved olive export price stood at $4,180 per ton in 2022, falling by -5.7% against the previous year. Overall, the export price, however, posted temperate growth. The most prominent rate of growth was recorded in 2015 an increase of 122% against the previous year. Over the period under review, the average export prices attained the maximum at $4,433 per ton in 2021, and then fell in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($4,439 per ton), while the average price for exports to Egypt totaled $3,143 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Imports in Saudi Arabia
Preserved olive imports into Saudi Arabia expanded slightly to 35K tons in 2022, growing by 3.6% compared with 2021. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of 36K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, preserved olive imports reached $54M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, imports attained the peak of $55M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Preserved Olive in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 21.1 | 39.3 | 37.6 | 33.5% | |
| Greece | 6.8 | 8.1 | 8.8 | 13.8% | |
| Morocco | 2.1 | 1.5 | 2.5 | 9.1% | |
| Jordan | 1.0 | 1.3 | 1.9 | 37.8% | |
| Egypt | 0.9 | 0.6 | 1.2 | 15.5% | |
| Syrian Arab Republic | 0.5 | 0.5 | 0.6 | 9.5% | |
| Turkey | 2.4 | 2.3 | N/A | -4.2% | |
| Others | 1.0 | 1.1 | 0.6 | -22.5% | |
| Total | 35.7 | 54.7 | 53.2 | 22.1% | |
Top Suppliers of Preserved Olive to Saudi Arabia in 2022:
- Spain (25.1K tons)
- Greece (2.8K tons)
- Morocco (2.1K tons)
- Egypt (1.2K tons)
- Jordan (1.1K tons)
- Syrian Arab Republic (0.8K tons)
Preserved Olive Exports in Saudi Arabia
After three years of growth, overseas shipments of olives prepared or preserved decreased by -16.6% to 92 tons in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 99%.
In value terms, preserved olive exports shrank rapidly to $385K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 293% against the previous year.
| Export of Preserved Olive in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | 6.2 | N/A | 164 | 414.3% |
| Egypt | N/A | N/A | 5.1 | 57.8 | 1033.3% |
| Kuwait | N/A | 264 | 455 | N/A | 72.3% |
| Malaysia | 26.1 | 0.6 | N/A | N/A | -97.7% |
| Oman | 14.4 | 1.5 | 28.9 | N/A | 41.7% |
| Turkey | 30.5 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 7.6 | N/A | 164 | 642.9% |
| Total | 71.3 | 280 | 489 | 385 | 75.4% |
Top Export Markets for Preserved Olive from Saudi Arabia in 2022:
- Greece (36.8 tons)
- Egypt (18.4 tons)
This report provides an in-depth analysis of the preserved olive 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 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
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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1585
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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