Saudi Arabia - Cassava - Market Analysis, Forecast, Size, Trends and Insights
Saudi Arabia: Cassava Market Overview 2020
Cassava Market Size in Saudi Arabia
The revenue of the cassava market in Saudi Arabia amounted to $X in 2018, shrinking 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). In general, cassava consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the cassava market attained its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.
Exports from Saudi Arabia
In 2018, the amount of cassava exported from Saudi Arabia amounted to X kg, remaining relatively unchanged against the previous year. Over the period under review, cassava exports continue to indicate a relatively flat trend pattern. Exports peaked at X kg in 2007; afterwards, it flattened through to 2018.
In value terms, cassava exports totaled $X in 2018. Over the period under review, cassava exports continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2007; afterwards, it flattened through to 2018.
Imports into Saudi Arabia
In 2018, approx. X tonnes of cassava were imported into Saudi Arabia; going down by -X% against the previous year. In general, cassava imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2011; however, from 2012 to 2018, imports remained at a lower figure.
In value terms, cassava imports amounted to $X in 2018. Overall, cassava imports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.
Imports by Country
In 2018, India (X tonnes) constituted the largest cassava supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, cassava imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tonnes), twofold. Sri Lanka (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2018, the average annual growth rate of volume from India stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-X% per year) and Sri Lanka (-X% per year).
In value terms, the largest cassava suppliers to Saudi Arabia were India ($X), Egypt ($X) and Sri Lanka ($X), together accounting for X% of total imports.
India experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced a decline.
Import Prices by Country
In 2018, the average cassava import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cassava import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Sri Lanka ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the cassava market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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