Saudi Arabia: Durum Wheat Market 2024

Durum Wheat Market Size in Saudi Arabia

In 2022, the Saudi durum wheat market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, recorded a pronounced reduction. Durum wheat consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Durum Wheat Production in Saudi Arabia

In value terms, durum wheat production surged to $X in 2022 estimated in export price. In general, production, however, recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of X%. Durum wheat production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of durum wheat in Saudi Arabia totaled X tons per ha in 2022, growing by X% on 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The durum wheat yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of durum wheat in Saudi Arabia reached X ha, flattening at the year before. Overall, the harvested area, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to durum wheat production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Saudi Arabia

In 2022, overseas shipments of durum wheat increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports shrank rapidly to $X in 2022. In general, exports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for durum wheat exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2018 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2018 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2019 a decrease of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2018 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Durum Wheat Imports

Imports into Saudi Arabia

Durum wheat imports into Saudi Arabia totaled X tons in 2022, therefore, remained relatively stable against 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, durum wheat imports fell to $X in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest durum wheat supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, durum wheat imports from Poland exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Germany (X% per year).

In value terms, Poland ($X) constituted the largest supplier of durum wheat to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2014 to 2022, the average annual growth rate of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Germany (X% per year).

Import Prices by Country

The average durum wheat import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($X per ton) and Poland ($X per ton), while the price for Estonia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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