Saudi Arabia: Dried Grapes Market Overview 2021

Dried Grapes Market Size in Saudi Arabia

In 2020, the Saudi dried grapes market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Dried grapes consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Dried Grapes Exports

Exports from Saudi Arabia

In 2020, shipments abroad of dried grapes decreased by -X% to X tonnes, falling for the third consecutive year after five years of growth. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, dried grapes exports shrank rapidly to $X in 2020. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Exports peaked at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for dried grapes exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, dried grapes exports to Singapore exceeded the volume sent to the second major destination, Serbia (X tonnes), fourfold. The Czech Republic (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and the Czech Republic (-X% per year).

In value terms, Singapore ($X) remains the key foreign market for dried grapes exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Serbia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

In 2020, the average dried grapes export price amounted to $X per tonne, rising by X% against the previous year. In general, export price indicated a tangible expansion from 2007 to 2020: its price 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, dried grapes export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Malaysia ($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 Serbia, while the prices for the other major destinations experienced a decline.

Dried Grapes Imports

Imports into Saudi Arabia

In 2020, imports of dried grapes into Saudi Arabia reduced rapidly to X tonnes, dropping by -X% against 2019. Over the period under review, total imports indicated a modest expansion 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 decreased by -X% against 2017 indices. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, dried grapes imports declined rapidly to $X in 2020. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

Uzbekistan (X tonnes), Afghanistan (X tonnes) and India (X tonnes) were the main suppliers of dried grapes imports to Saudi Arabia, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Uzbekistan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constituted the largest supplier of dried grapes to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value from Uzbekistan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2020, the average dried grapes import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price, however, recorded strong growth. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, 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 dried grapes in the world?

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The countries with the highest volumes of dried grapes consumption in 2020 were Iran (137K tonnes), the U.S. (109K tonnes) and the UK (97K tonnes), together accounting for 35% of global consumption.

What are the largest producers of dried grapes in the world?

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The countries with the highest volumes of dried grapes production in 2020 were Turkey (258K tonnes), Iran (195K tonnes) and the U.S. (174K tonnes), with a combined 62% share of global production. Chile, Uzbekistan, South Africa and Afghanistan lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of dried grapes to Saudi Arabia?

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In value terms, Uzbekistan ($7.7M) constituted the largest supplier of dried grapes to Saudi Arabia, comprising 40% of total imports. The second position in the ranking was occupied by Afghanistan ($3.4M), with a 18% share of total imports. It was followed by the U.S., with a 11% share.

What are the leading importers of dried grapes from Saudi Arabia?

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In value terms, Singapore ($44K) remains the key foreign market for dried grapes exports from Saudi Arabia, comprising 71% of total exports. The second position in the ranking was occupied by Serbia ($6.7K), with a 11% share of total exports. It was followed by the Czech Republic, with a 9.5% share.

What is the average export price for dried grapes in Saudi Arabia?

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The average dried grapes export price stood at $2,006 per tonne in 2020, rising by 37% against the previous year.

What is the average import price for dried grapes in Saudi Arabia?

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In 2020, the average dried grapes import price amounted to $1,999 per tonne, falling by -1.6% against the previous year.