Saudi Arabia: Avocado Market Overview 2020

Avocado Market Size in Saudi Arabia

The revenue of the avocado market in Saudi Arabia amounted to $X in 2018, surging 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 buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, the avocado market reached its peak level and is likely to continue its growth in the immediate term.

Avocado Exports

Exports from Saudi Arabia

Avocado exports from Saudi Arabia totaled X tonnes in 2018, going up by X% against the previous year. Over the period under review, avocado exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado exports amounted to $X in 2018. In general, avocado exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. In that year, avocado exports attained their peak of $X. From 2014 to 2018, the growth of avocado exports remained at a somewhat lower figure.

Exports by Country

The UK (X tonnes), Oman (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of avocado exports from Saudi Arabia, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for avocado exported from Saudi Arabia were the UK ($X), Switzerland ($X) and Oman ($X), together accounting for X% of total exports. Bahrain, the United Arab Emirates, the Czech Republic and Yemen lagged somewhat behind, together comprising a further X the main countries of destination, the United Arab Emirates recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the avocado export price continues to indicate a deep decline. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. In that year, the average export prices for avocados reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for avocados failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Oman ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

Avocado Imports

Imports into Saudi Arabia

In 2018, approx. X tonnes of avocados were imported into Saudi Arabia; jumping by X% against the previous year. In general, avocado imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. In that year, avocado imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, avocado imports totaled $X in 2018. Over the period under review, avocado imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, avocado imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

Kenya (X tonnes), the United Arab Emirates (X tonnes) and Spain (X tonnes) were the main suppliers of avocado imports to Saudi Arabia, with a combined X% share of total imports. South Africa, Syrian Arab Republic, Chile and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X) constituted the largest supplier of avocado to Saudi Arabia, comprising X% of total avocado imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Kenya stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and South Africa (+X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2018, declining by -X% against the previous year. In general, the avocado import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2017 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for avocados reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform