Saudi Arabia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Yoghurt and Fermented Milk in Saudi Arabia - 2021
Contents:
- Price for Yoghurt and Fermented Milk in Saudi Arabia (FOB) - 2022
- Price for Yoghurt and Fermented Milk in Saudi Arabia (CIF) - 2022
- Exports of Yoghurt and Fermented Milk in Saudi Arabia
- Imports of Yoghurt and Fermented Milk in Saudi Arabia
Price for Yoghurt and Fermented Milk in Saudi Arabia (FOB) - 2022
In 2022, the average yoghurt and fermented milk export price amounted to $1,418 per ton, dropping by -5.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 13%. As a result, the export price reached the peak level of $1,502 per ton, and then fell in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kuwait ($1,568 per ton) and the United Arab Emirates ($1,455 per ton), while the average price for exports to Jordan ($1,213 per ton) and Bahrain ($1,258 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Yoghurt and Fermented Milk in Saudi Arabia (CIF) - 2022
The average yoghurt and fermented milk import price stood at $2,980 per ton in 2022, growing by 6.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 8.9%. Over the period under review, average import prices attained the peak figure at $3,451 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($3,189 per ton) and Jordan ($3,146 per ton), while the price for Germany ($2,325 per ton) and Belgium ($2,469 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Yoghurt and Fermented Milk in Saudi Arabia
Yoghurt and fermented milk exports from Saudi Arabia shrank to 116K tons in 2022, reducing by -2.3% against 2021. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 4.8%.
In value terms, yoghurt and fermented milk exports declined to $165M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
| Export of Yoghurt and Fermented Milk in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 72.6 | 45.9 | 63.4 | 53.1 | -9.9% |
| Kuwait | 72.5 | 42.1 | 43.7 | 46.5 | -13.8% |
| Oman | 51.1 | 27.7 | 33.7 | 33.0 | -13.6% |
| Bahrain | 27.8 | 27.4 | 26.8 | 24.0 | -4.8% |
| Jordan | 5.0 | 5.8 | 7.0 | 5.9 | 5.7% |
| Others | 3.4 | 1.9 | 3.9 | 2.2 | -13.5% |
| Total | 233 | 151 | 178 | 165 | -10.9% |
Top Export Markets for Yoghurt and Fermented Milk from Saudi Arabia in 2022:
- United Arab Emirates (36.5K tons)
- Kuwait (29.6K tons)
- Oman (24.4K tons)
- Bahrain (19.1K tons)
- Jordan (4.8K tons)
Imports of Yoghurt and Fermented Milk in Saudi Arabia
In 2022, overseas purchases of yoghurt and fermented milk increased by 14% to 16K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt slump.
In value terms, yoghurt and fermented milk imports surged to $47M in 2022. Overall, imports, however, saw a abrupt shrinkage.
| Import of Yoghurt and Fermented Milk in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 53.1 | 37.6 | N/A | 35.1 | -12.9% |
| United Arab Emirates | 0.3 | 0.6 | 7.4 | 5.4 | 162.1% |
| New Zealand | 4.7 | 1.9 | 0.7 | 1.7 | -28.8% |
| Belgium | 0.7 | 3.3 | 0.7 | 1.1 | 16.3% |
| Germany | 1.3 | 1.8 | 1.5 | 1.1 | -5.4% |
| Jordan | 0.5 | 2.1 | 1.2 | 0.9 | 21.6% |
| Bulgaria | N/A | N/A | 5.1 | N/A | 0% |
| Denmark | N/A | N/A | 2.8 | N/A | 0% |
| Ireland | 2.1 | 2.2 | N/A | N/A | 4.8% |
| France | N/A | N/A | 6.3 | N/A | 0% |
| Others | 5.6 | 5.5 | 13.4 | 1.8 | -31.5% |
| Total | 68.3 | 55.2 | 39.0 | 47.1 | -11.7% |
Top Suppliers of Yoghurt and Fermented Milk to Saudi Arabia in 2022:
- Turkey (11.0K tons)
- United Arab Emirates (2.1K tons)
- New Zealand (0.7K tons)
- Germany (0.5K tons)
- Belgium (0.5K tons)
- Jordan (0.3K tons)
This report provides an in-depth analysis of the market for yoghurt and fermented milk 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 891 - Yoghurt
- FCL 892 - Yoghurt, Concentrated or Unconcent
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
707
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
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Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
707
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1367
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
