
Saudi Arabia - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Fonio Market Overview 2021
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Fonio Market Size in Saudi Arabia
In 2019, the Saudi fonio market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Fonio Exports
Exports from Saudi Arabia
In 2019, fonio exports from Saudi Arabia dropped remarkably to X kg, which is down by -X% on 2018 figures. Overall, exports recorded a relatively flat trend pattern. Exports peaked at X kg in 2018, and then contracted sharply in the following year.
In value terms, fonio exports fell rapidly to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2018, and then dropped significantly in the following year.
Exports by Country
The Netherlands (X kg) was the main destination for fonio exports from Saudi Arabia, with a approx. X% share of total exports.
From 2012 to 2018, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.
From 2012 to 2018, the average annual growth rate of value to the Netherlands was relatively modest.
Export Prices by Country
The average fonio export price stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, average export prices reached the maximum in 2018 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2018, the rate of growth in terms of prices for the Netherlands amounted to X% per year.
Fonio Imports
Imports into Saudi Arabia
For the third year in a row, Saudi Arabia recorded growth in overseas purchases of fonio, which increased by X% to X tonnes in 2019. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fonio imports skyrocketed to $X in 2019. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2019, the Netherlands (X tonnes) was the main fonio supplier to Saudi Arabia, with a approx. X% share of total imports.
From 2012 to 2019, the average annual growth rate of volume from the Netherlands stood at +X%.
In value terms, the Netherlands ($X) constituted the largest supplier of fonio to Saudi Arabia.
From 2012 to 2019, the average annual growth rate of value from the Netherlands amounted to +X%.
Import Prices by Country
In 2019, the average fonio import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price decreased by -X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for fonio in the world?+
Guinea (530K tonnes) remains the largest fonio consuming country worldwide, accounting for 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria (83K tonnes), sixfold. Mali (41K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of fonio in the world?+
The country with the largest volume of fonio production was Guinea (530K tonnes), accounting for 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria (83K tonnes), sixfold. Mali (41K tonnes) ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of fonio to Saudi Arabia?+
In value terms, the Netherlands ($25K) constituted the largest supplier of fonio to Saudi Arabia.
What is the average export price for fonio in Saudi Arabia?+
In 2018, the average fonio export price amounted to $4,170 per tonne, remaining relatively unchanged against the previous year.
What is the average import price for fonio in Saudi Arabia?+
In 2019, the average fonio import price amounted to $1,617 per tonne, waning by -19.2% against the previous year.
This report provides an in-depth analysis of the fonio 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 2025.
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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