Saudi Arabia - Avocados - Market Analysis, Forecast, Size, Trends and Insights

Saudi Arabia: Avocado Market Overview 2019

Avocado Market Size in Saudi Arabia

The revenue of the avocado market in Saudi Arabia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, avocado consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the avocado market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Avocado Exports from Saudi Arabia

In 2017, avocado exports from Saudi Arabia stood at X tonnes, increasing by X% against the previous year. Overall, avocado exports continue to indicate a strong expansion. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, avocado exports amounted to $X in 2017. In general, avocado exports continue to indicate a prominent increase. Over the period under review, the avocado exports attained its peak figure level in 2017, and are likely to see steady growth in the near future.

Avocado Exports by Country from Saudi Arabia

The UK (X tonnes), Kuwait (X tonnes) and Yemen (X tonnes) were the main destinations of avocado exports from Saudi Arabia, together comprising X% of total exports. Switzerland and Bahrain lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Switzerland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Yemen ($X) and Switzerland ($X) were the largest markets for avocado exported from Saudi Arabia worldwide, together comprising X% of total exports.

Among the main countries of destination , Switzerland (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Avocado Export Prices by Country in Saudi Arabia

The average avocado export price stood at $X per tonne in 2017, declining by -X% against the previous year. Overall, avocado export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, when the average export prices increased by X% y-o-y. In that year, the average export prices for avocados reached their peak level of $X per tonne, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Switzerland ($X per tonne), while average price for exports to Bahrain ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Switzerland (+X% per year), the export prices for other major destinations experienced mixed trend patterns.

Avocado Imports into Saudi Arabia

In 2017, imports of avocados into Saudi Arabia amounted to X tonnes, picking up by X% against the previous year. In general, avocado imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. Over the period under review, the avocado imports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, avocado imports stood at $X in 2017. Overall, avocado imports continue to indicate a prominent growth. The imports peaked in 2017, and are likely to see steady growth in the immediate term.

Avocado Imports by Country into Saudi Arabia

Kenya (X tonnes), the United Arab Emirates (X tonnes) and Spain (X tonnes) were the main suppliers of avocado imports to Saudi Arabia, together comprising X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Spain ($X) and the United Arab Emirates ($X) appeared to be the largest avocado suppliers to Saudi Arabia, with a combined X% share of total imports.

The United Arab Emirates (+X% per year) recorded the highest growth rate of imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Avocado Import Prices by Country in Saudi Arabia

In 2017, the average avocado import price amounted to $X per tonne, standing approx. at the previous year. In general, the import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the avocado import price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2008, when the average import prices increased by X% year-to-year. Over the period under review, the average import prices for avocados reached its peak figure level of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Spain ($X per tonne), while prices for avocado imports from the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Spain (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform