Saudi Arabia: Grain Market Overview 2020

Grain Market Size in Saudi Arabia

The revenue of the grain market in Saudi Arabia amounted to $X in 2017, jumping by X% against the previous year. Overall, grain consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when market value increased by X% against the previous year. In that year, the grain market attained their peak level of $X. From 2013 to 2017, growth of the grain market stood at a somewhat lower level.

Grain Production in Saudi Arabia

In 2017, grain production in Saudi Arabia totaled X tonnes, reducing by -X% against the previous year. Overall, grain production continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the grain production reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Grain output in Saudi Arabia indicated a drastic setback, which was largely conditioned by a drastic setback of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of grain in Saudi Arabia stood at X tonne per ha, remaining stable against the previous year. In general, grain yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Saudi Arabia grain yield peaked of X tonne per ha in 2010; however, from 2011 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, harvested area of grain in Saudi Arabia stood at X ha, going down by -X% against the previous year. Overall, grain harvested area continues to indicate an abrupt descent. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Saudi Arabia grain harvested area peaked of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Grain Exports from Saudi Arabia

Grain exports from Saudi Arabia amounted to X tonnes in 2017, growing by X% against the previous year. In general, grain exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2017, when exports increased by X% y-o-y. In that year, the grain exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, grain exports stood at $X in 2017. Overall, grain exports continue to indicate a prominent increase. In that year, the grain exports attained their peak level, and are likely to continue its growth in the immediate term.

Grain Exports by Country from Saudi Arabia

In 2017, the U.S. (X tonnes), distantly followed by Russia (X tonnes), Argentina (X tonnes), Ukraine (X tonnes), Australia (X tonnes), Brazil (X tonnes), Canada (X tonnes) and France (X tonnes) were the main exporters of grain, together generating X% of total exports. Romania (X tonnes), Germany (X tonnes) and Hungary (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of grain exports. At the same time, Romania (+X%), Ukraine (+X%), Russia (+X%), Brazil (+X%), Australia (+X%), Argentina (+X%), Germany (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Hungary and France experienced a relatively flat trend pattern. From 2007 to 2017, the share of Romania, Australia, Argentina, Brazil, Ukraine and Russia decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest grain supplier from Saudi Arabia, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In the U.S., grain exports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Argentina (+X% per year).

Grain Export Prices by Country in Saudi Arabia

In 2017, the grain export price in Saudi Arabia amounted to $X per tonne, coming down by -X% against the previous year. Overall, grain export price continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. In that year, the export prices for grain attained their peak level of $X per tonne. From 2009 to 2017, growth of the export prices for grain stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Canada ($X per tonne) and France ($X per tonne), while Argentina ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Grain Imports into Saudi Arabia

In 2017, the amount of grain imported into Saudi Arabia totaled X tonnes, surging by X% against the previous year. Overall, the total imports indicated a modest expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. Over the period under review, the grain imports reached its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, grain imports amounted to $X in 2017. Overall, grain imports continue to indicate a temperate setback. Over the period under review, the grain imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Grain Imports by Country into Saudi Arabia

In 2017, Japan (X tonnes), Mexico (X tonnes), China (X tonnes), Egypt (X tonnes), Spain (X tonnes), Italy (X tonnes), Saudi Arabia (X tonnes), Viet Nam (X tonnes), Algeria (X tonnes), the Netherlands (X tonnes), Indonesia (X tonnes) and South Korea (X tonnes) were the key importers of grain in the world, generating X% of total import.

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

In value terms, Japan ($X), China ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Mexico, Indonesia, Spain, Italy, South Korea, Algeria, the Netherlands, Saudi Arabia and Viet Nam, which together accounted for a further X%.

Viet Nam (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Grain Import Prices by Country in Saudi Arabia

In 2017, the grain import price in Saudi Arabia amounted to $X per tonne, shrinking by -X% against the previous year. In general, grain import price continues to indicate a significant curtailment. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for grain reached their peak level of $X per tonne. From 2009 to 2017, growth of the import prices for grain stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Indonesia ($X per tonne), while Viet Nam ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform