Saudi Arabia: Cassava Market Overview 2021

Cassava Market Size in Saudi Arabia

The Saudi cassava market contracted to $X in 2019, which is down 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). Over the period under review, consumption saw a drastic downturn. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Cassava Exports

Exports from Saudi Arabia

Cassava exports from Saudi Arabia totaled X kg in 2019, therefore, remained relatively stable against the year before. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, cassava exports stood at $X in 2019. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for cassava exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2007 to 2013, the average annual growth rate of volume to the Netherlands stood at +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for cassava exports from Saudi Arabia.

From 2007 to 2013, the average annual rate of growth in terms of value to the Netherlands totaled +X%.

Export Prices by Country

In 2013, the average cassava export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, saw a deep reduction. Over the period under review, average export prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2013, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2013, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Cassava Imports

Imports into Saudi Arabia

In 2019, approx. X tonnes of cassava were imported into Saudi Arabia; reducing by -X% on the previous year. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2011 to 2019, the growth imports failed to regain the momentum.

In value terms, cassava imports reduced to $X in 2019. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, India (X tonnes) constituted the largest supplier of cassava to Saudi Arabia, with a X% share of total imports. Moreover, cassava imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tonnes), eightfold. Egypt (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from India amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Egypt (-X% per year).

In value terms, India ($X) constituted the largest supplier of cassava to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from India amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Egypt (-X% per year).

Import Prices by Country

In 2019, the average cassava import price amounted to $X per tonne, surging by X% against the previous year. Overall, import price indicated notable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cassava import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Indonesia ($X per tonne), while the price for the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cassava in the world?

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The countries with the highest volumes of cassava consumption in 2019 were Nigeria (59M tonnes), Democratic Republic of the Congo (40M tonnes) and Thailand (31M tonnes), together accounting for 42% of global consumption. These countries were followed by Ghana, Brazil, China, Indonesia, Viet Nam, Angola, Tanzania, Cameroon, Cambodia and Malawi, which together accounted for a further 38%.

What are the largest producers of cassava in the world?

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The countries with the highest volumes of cassava production in 2019 were Nigeria (59M tonnes), Democratic Republic of the Congo (40M tonnes) and Thailand (31M tonnes), together comprising 42% of global production. These countries were followed by Ghana, Brazil, Indonesia, Cambodia, Viet Nam, China, Angola, Tanzania, Cameroon and Malawi, which together accounted for a further 38%.

What are the leading suppliers of cassava to Saudi Arabia?

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In value terms, India ($38K) constituted the largest supplier of cassava to Saudi Arabia, comprising 69% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($6.1K), with a 11% share of total imports. It was followed by Egypt, with a 9.5% share.

What are the leading importers of cassava from Saudi Arabia?

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In value terms, the Netherlands ($1.6K) remains the key foreign market for cassava exports from Saudi Arabia.

What is the average export price for cassava in Saudi Arabia?

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In 2013, the average cassava export price amounted to $510 per tonne, surging by 25% against the previous year.

What is the average import price for cassava in Saudi Arabia?

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In 2019, the average cassava import price amounted to $756 per tonne, growing by 4.2% against the previous year.