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Saudi Arabia - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Cheese Market Overview 2021

Cheese Market Size in Saudi Arabia

In 2020, the Saudi cheese market increased by X% to $X, rising for the second year in a row after four years of decline. In general, the total consumption indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Cheese Production in Saudi Arabia

In value terms, cheese production reached $X in 2020 estimated in export prices. Overall, production enjoyed moderate growth. The pace of growth was the most pronounced in 2008 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2009; however, from 2010 to 2020, production failed to regain the momentum.

Cheese Exports

Exports from Saudi Arabia

In 2020, exports of cheese from Saudi Arabia reduced notably to X tonnes, falling by -X% against 2019 figures. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, cheese exports reduced rapidly to $X in 2020. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Jordan (X tonnes) was the main destination for cheese exports from Saudi Arabia, with a X% share of total exports. Moreover, cheese exports to Jordan exceeded the volume sent to the second major destination, Egypt (X tonnes), fourfold. Lebanon (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Jordan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+X% per year) and Lebanon (-X% per year).

In value terms, Jordan ($X) remains the key foreign market for cheese exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Jordan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+X% per year) and Lebanon (-X% per year).

Export Prices by Country

The average cheese export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2016; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was Jordan ($X per tonne), while the average price for exports to Azerbaijan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan, while the prices for the other major destinations experienced more modest paces of growth.

Cheese Imports

Imports into Saudi Arabia

In 2020, purchases abroad of cheese decreased by -X% to X tonnes for the first time since 2013, thus ending a six-year rising trend. In general, total imports indicated a pronounced increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2008 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then declined in the following year.

In value terms, cheese imports dropped modestly to $X in 2020. Over the period under review, total imports indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Denmark (X tonnes), Egypt (X tonnes) and Poland (X tonnes) were the main suppliers of cheese imports to Saudi Arabia, with a combined X% share of total imports. New Zealand, the U.S., Bahrain, Ireland, France, Germany, Turkey, Hungary, the UK and Cyprus lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Ireland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Poland ($X) and Egypt ($X) were the largest cheese suppliers to Saudi Arabia, with a combined X% share of total imports. These countries were followed by Bahrain, New Zealand, the U.S., Ireland, France, Germany, Cyprus, Turkey, the UK and Hungary, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese import price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bahrain ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese in the world?
+
The U.S. (6.4M tonnes) remains the largest cheese consuming country worldwide, accounting for 26% of total volume. Moreover, cheese consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (2.1M tonnes), threefold. The third position in this ranking was occupied by France (1.5M tonnes), with a 6% share.
What are the largest producers of cheese in the world?
+
The country with the largest volume of cheese production was the U.S. (6.7M tonnes), comprising approx. 27% of total volume. Moreover, cheese production in the U.S. exceeded the figures recorded by the second-largest producer, Germany (2.5M tonnes), threefold. France (1.7M tonnes) ranked third in terms of total production with a 7% share.
What are the leading suppliers of cheese to Saudi Arabia?
+
In value terms, Denmark ($164M), Poland ($83M) and Egypt ($57M) constituted the largest cheese suppliers to Saudi Arabia, together accounting for 44% of total imports. These countries were followed by Bahrain, New Zealand, the U.S., Ireland, France, Germany, Cyprus, Turkey, the UK and Hungary, which together accounted for a further 43%.
What are the leading importers of cheese from Saudi Arabia?
+
In value terms, Jordan ($22M) remains the key foreign market for cheese exports from Saudi Arabia, comprising 65% of total exports. The second position in the ranking was occupied by Egypt ($4.7M), with a 14% share of total exports. It was followed by Lebanon, with a 11% share.
What is the average export price for cheese in Saudi Arabia?
+
In 2020, the average cheese export price amounted to $5,062 per tonne, rising by 18% against the previous year.
What is the average import price for cheese in Saudi Arabia?
+
In 2020, the average cheese import price amounted to $3,761 per tonne, picking up by 4.4% against the previous year.

Product coverage:
• FCL 901 - Cheese from Whole Cow Milk
• FCL 904 - Cheese from Skimmed Cow Milk
• FCL 905 - Whey Cheese
• FCL 907 - Processed Cheese
• FCL 955 - Cheese of Buffalo Milk
• FCL 984 - Cheese of Sheep Milk
• FCL 1021 - Cheese of Goat Milk

This report provides an in-depth analysis of the cheese 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 2025.


Country coverage:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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