Price for Citrus Fruits Not Elsewhere Classified in Saudi Arabia - 2021
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Saudi Arabia (FOB) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Saudi Arabia
Price for Citrus Fruits Not Elsewhere Classified in Saudi Arabia (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $836 per ton in 2022, which is down by -2% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36% against the previous year. The export price peaked at $853 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($864 per ton), while the average price for exports to Bahrain totaled $274 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+37.6%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Citrus Fruits Not Elsewhere Classified in Saudi Arabia
After three years of growth, shipments abroad of citrus fruits not elsewhere classified decreased by -21.6% to 2.3K tons in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 237% against the previous year.
In value terms, citrus fruits not elsewhere classified exports fell dramatically to $1.9M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 315% against the previous year.
| Export of Citrus Fruits Not Elsewhere Classified in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 296 | 1,341 | 2,479 | 1,909 | 86.1% |
| Bahrain | 30.4 | 3.2 | 39.9 | 30.7 | 0.3% |
| Others | N/A | 11.0 | 5.2 | N/A | -52.7% |
| Total | 327 | 1,355 | 2,524 | 1,940 | 81.0% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Saudi Arabia in 2022:
- Kuwait (2.2K tons)
- Bahrain (0.1K tons)
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