
Saudi Arabia - Dried Grapes - Market Analysis, Forecast, Size, Trends and Insights
Saudi Arabia: Dried Grapes Market 2023
Dried Grapes Market Size in Saudi Arabia
The Saudi dried grapes market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -25.8% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
Dried Grapes Exports
Exports from Saudi Arabia
In 2021, shipments abroad of dried grapes increased by 192% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 287% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.
In value terms, dried grapes exports surged to $X in 2021. In general, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 273%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.
Exports by Country
Turkey (X tons), Yemen (X tons) and India (X tons) were the main destinations of dried grapes exports from Saudi Arabia, together comprising 95% of total exports. These countries were followed by Kuwait and Bahrain, which together accounted for a further 4%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +143.0%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for dried grapes exported from Saudi Arabia were Yemen ($X), Turkey ($X) and India ($X), together accounting for 86% of total exports. These countries were followed by Kuwait and Bahrain, which together accounted for a further 13%.
In terms of the main countries of destination, Kuwait, with a CAGR of +168.1%, 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 more modest paces of growth.
Export Prices by Country
The average dried grapes export price stood at $X per ton in 2021, dropping by -18.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Kuwait ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Grapes Imports
Imports into Saudi Arabia
In 2021, the amount of dried grapes imported into Saudi Arabia rose markedly to X tons, growing by 9.5% against 2020 figures. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, dried grapes imports rose significantly to $X in 2021. In general, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.8% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
Uzbekistan (X tons), Afghanistan (X tons) and India (X tons) were the main suppliers of dried grapes imports to Saudi Arabia, with a combined 77% share of total imports.
From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +56.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest dried grapes suppliers to Saudi Arabia were Uzbekistan ($X), Afghanistan ($X) and China ($X), together accounting for 73% of total imports.
Uzbekistan, with a CAGR of +65.8%, 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
In 2021, the average dried grapes import price amounted to $X per ton, flattening at the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2014 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the dried grapes 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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