Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia - 2022
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (CIF) - 2022
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (CIF) - 2022
In 2022, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $910 per ton, dropping by -2.7% against the previous year. Over the period under review, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 5.6% against the previous year. The import price peaked at $1,160 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,762 per ton), while the price for Egypt ($650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (FOB) - 2022
In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $959 per ton, rising by 6% against the previous year. In general, the export price continues to indicate tangible growth. The pace of growth was the most pronounced in 2015 an increase of 23%. The export price peaked at $1,064 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($2,101 per ton), while the average price for exports to Bahrain ($295 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 (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia
In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen imported into Saudi Arabia expanded rapidly to 58K tons, growing by 7.7% on the previous year's figure. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 62K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen expanded to $53M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports attained the peak of $55M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 14.4 | 21.7 | 16.2 | 17.8 | 7.3% |
| Spain | 4.8 | 5.3 | 5.5 | 5.8 | 6.5% |
| Belgium | 4.8 | 5.1 | 5.2 | 5.4 | 4.0% |
| India | 5.6 | 5.8 | 4.1 | 5.3 | -1.8% |
| United States | 3.4 | 3.2 | 3.2 | 3.3 | -1.0% |
| Thailand | 3.7 | 3.2 | 2.6 | 3.3 | -3.7% |
| Netherlands | 2.5 | 0.5 | 0.3 | 1.1 | -23.9% |
| Syrian Arab Republic | N/A | N/A | 2.1 | N/A | 0% |
| Others | 10.7 | 10.2 | 11.1 | 10.7 | 0.0% |
| Total | 49.7 | 55.1 | 50.3 | 52.7 | 2.0% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Saudi Arabia in 2022:
- Egypt (27.4K tons)
- India (7.1K tons)
- Spain (5.1K tons)
- Belgium (4.5K tons)
- Thailand (2.6K tons)
- United States (1.9K tons)
- Netherlands (1.3K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia
After three years of growth, overseas shipments of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -8.4% to 3.3K tons in 2022. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of 3.7K tons, and then fell in the following year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen dropped to $3.2M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 31% against the previous year.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 411 | 753 | 1,576 | 1,466 | 52.8% |
| United Arab Emirates | 911 | 988 | 609 | 766 | -5.6% |
| Oman | 540 | 488 | 490 | 464 | -4.9% |
| Bahrain | 147 | 188 | 228 | 212 | 13.0% |
| Kuwait | 287 | 44.4 | 60.4 | 120 | -25.2% |
| Jordan | 60.9 | 266 | 25.1 | 108 | 21.0% |
| Sudan | 4.7 | 13.1 | 80.1 | 74.5 | 151.2% |
| Others | 22.7 | 373 | 235 | N/A | 221.8% |
| Total | 2,385 | 3,114 | 3,303 | 3,209 | 10.4% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Saudi Arabia in 2022:
- Yemen (1726.2 tons)
- Bahrain (717.8 tons)
- United Arab Emirates (403.3 tons)
- Oman (220.7 tons)
- Kuwait (126.6 tons)
- Sudan (99.8 tons)
- Jordan (52.7 tons)
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