Report Update Apr 1, 2024

Saudi Arabia - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Saudi Arabia

The Saudi fresh or chilled anchovies market amounted to less than $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption recorded a sharp shrinkage. The pace of growth was the most pronounced in 2015 when the market value decreased by X% against the previous year. Fresh or chilled anchovies consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Anchovies in Saudi Arabia

In value terms, fresh or chilled anchovies production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Fresh Or Chilled Anchovies

Exports from Saudi Arabia

In 2015, approx. X tons of fresh or chilled anchovieses were exported from Saudi Arabia; increasing by X% against the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fresh or chilled anchovies exports surged to $X in 2015. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Imports of Fresh Or Chilled Anchovies

Imports into Saudi Arabia

In 2022, after three years of decline, there was significant decline in supplies from abroad of fresh or chilled anchovieses, when their volume decreased by X% to X kg. Overall, imports showed a sharp descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, fresh or chilled anchovies imports shrank dramatically to $X in 2022. In general, imports saw a sharp reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X kg) constituted the largest supplier of fresh or chilled anchovies to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of fresh or chilled anchovieses to Saudi Arabia.

From 2017 to 2022, the average annual growth rate of value from Vietnam was relatively modest.

Import Prices by Country

In 2022, the average fresh or chilled anchovies import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2017 to 2022, the rate of growth in terms of prices for South Korea amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

The country with the largest volume of fresh or chilled anchovies consumption was Oman, comprising approx. 48% of total volume. Moreover, fresh or chilled anchovies consumption in Oman exceeded the figures recorded by the second-largest consumer, Ecuador, fourfold. Portugal ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of fresh or chilled anchovies in the world?

The country with the largest volume of fresh or chilled anchovies production was Oman, comprising approx. 46% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Peru, threefold. Portugal ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of fresh or chilled anchovies to Saudi Arabia?

In value terms, Vietnam constituted the largest supplier of fresh or chilled anchovieses to Saudi Arabia.

What is the average import price for fresh or chilled anchovies in Saudi Arabia?

The average fresh or chilled anchovies import price stood at $11,580 per ton in 2022, approximately equating the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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:

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