Report Update Apr 1, 2024

Saudi Arabia - Dried or Salted Fish - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in Saudi Arabia

The Saudi dried or salted fish market reduced slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a noticeable setback. Dried or salted fish consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Dried Or Salted Fish in Saudi Arabia

In value terms, dried or salted fish production contracted to $X in 2022 estimated in export price. In general, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Dried Or Salted Fish

Exports from Saudi Arabia

After six years of growth, shipments abroad of dried or salted fish decreased by X% to X tons in 2022. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then plummeted in the following year.

In value terms, dried or salted fish exports contracted dramatically to $X in 2022. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for dried or salted fish exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic was relatively modest.

In value terms, the Czech Republic ($X) emerged as the key foreign market for dried or salted fish exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic was relatively modest.

Export Prices by Country

The average dried or salted fish export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, faced a abrupt slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Dried Or Salted Fish

Imports into Saudi Arabia

In 2021, the amount of dried or salted fish imported into Saudi Arabia declined remarkably to X tons, which is down by X% compared with the previous year's figure. Overall, imports saw a dramatic decline. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, dried or salted fish imports contracted sharply to $X in 2021. In general, imports recorded a precipitous decline. The smallest decline of X% was in 2020. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of dried or salted fish to Saudi Arabia, with a X% share of total imports. Moreover, dried or salted fish imports from Italy exceeded the figures recorded by the second-largest supplier, Egypt (X kg), twofold. Malaysia (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Malaysia (X% per year).

In value terms, Italy ($X), Egypt ($X) and Malaysia ($X) were the largest dried or salted fish suppliers to Saudi Arabia, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 or salted fish import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried or salted fish in the world?

The countries with the highest volumes of consumption in 2023 were Indonesia, China and the Philippines, with a combined 39% share of global consumption. India, the United States, Portugal, Japan, Russia, Germany, Angola and Pakistan lagged somewhat behind, together comprising a further 24%.

What are the largest producers of dried or salted fish in the world?

The countries with the highest volumes of production in 2022 were Indonesia, China and the Philippines, together comprising 38% of global production. India, the United States, Japan, Norway, Germany, Russia, Angola, Portugal and Pakistan lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of dried or salted fish to Saudi Arabia?

In value terms, the largest dried or salted fish suppliers to Saudi Arabia were Italy, Egypt and Malaysia, together comprising 59% of total imports.

What are the leading importers of dried or salted fish from Saudi Arabia?

In value terms, the Czech Republic emerged as the key foreign market for dried or salted fish exports from Saudi Arabia.

What is the average export price for dried or salted fish in Saudi Arabia?

The average dried or salted fish export price stood at $1,452 per ton in 2022, surging by 3.2% against the previous year.

What is the average import price for dried or salted fish in Saudi Arabia?

In 2021, the average dried or salted fish import price amounted to $7,454 per ton, rising by 25% against the previous year.

This report provides an in-depth analysis of the market for dried or salted fish 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.

Product coverage:

Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023