Saudi Arabia: Chick Peas Market 2024

Chick Peas Market Size in Saudi Arabia

The Saudi chick peas market contracted sharply to $X in 2023, shrinking by X% against the previous year. Overall, consumption recorded a noticeable shrinkage. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Chick Peas Production in Saudi Arabia

In value terms, chick peas production totaled less than $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with a decrease of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

The average yield of chick peas in Saudi Arabia amounted to less than X kg per ha in 2023, flattening at the previous year. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of chick peas production in Saudi Arabia stood at less than X ha, stabilizing at the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Chick Peas Exports

Exports from Saudi Arabia

In 2023, after two years of decline, there was significant growth in overseas shipments of chick peas, when their volume increased by X% to X tons. Overall, exports, however, continue to indicate a deep setback. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, chick peas exports surged to $X in 2023. Over the period under review, exports, however, saw a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for chick peas exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, chick peas exports to Kuwait exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by Bahrain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Kuwait amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bahrain (X% per year).

In value terms, the largest markets for chick peas exported from Saudi Arabia were Kuwait ($X), Bahrain ($X) and the United Arab Emirates ($X), together accounting for X% of total exports.

Among the main countries of destination, Bahrain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average chick peas export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Jordan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports

Imports into Saudi Arabia

In 2023, supplies from abroad of chick peas decreased by X% to X tons, falling for the sixth consecutive year after six years of growth. Over the period under review, imports saw a pronounced reduction. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, chick peas imports amounted to $X in 2023. In general, imports saw a perceptible decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons) constituted the largest supplier of chick peas to Saudi Arabia, with a X% share of total imports. Moreover, chick peas imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and India (X% per year).

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

From 2012 to 2023, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Russia (X% per year).

Import Prices by Country

The average chick peas import price stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Overall, the import price showed a mild increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform