Saudi Arabia: Market for Frozen Fruits And Vegetables 2024

Market Size for Frozen Fruits And Vegetables in Saudi Arabia

The Saudi frozen fruits and vegetables market dropped modestly to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Frozen fruits and vegetables consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Fruits And Vegetables in Saudi Arabia

In value terms, frozen fruits and vegetables production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Frozen Fruits And Vegetables

Exports from Saudi Arabia

In 2022, shipments abroad of frozen fruits and vegetables decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen fruits and vegetables exports shrank markedly to $X in 2022. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for frozen fruits and vegetables exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, frozen fruits and vegetables exports to Yemen exceeded the volume sent to the second major destination, Djibouti (X tons), twofold. Jordan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Jordan (X% per year).

In value terms, Yemen ($X) remains the key foreign market for frozen fruits and vegetables exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Djibouti ($X), with a X% share of total exports. It was followed by Jordan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Jordan (X% per year).

Export Prices by Country

In 2022, the average frozen fruits and vegetables export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Djibouti ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fruits And Vegetables

Imports into Saudi Arabia

In 2022, the amount of frozen fruits and vegetables imported into Saudi Arabia reduced slightly to X tons, shrinking by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, frozen fruits and vegetables imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Egypt (X tons) were the main suppliers of frozen fruits and vegetables imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruits and vegetables suppliers to Saudi Arabia were the Netherlands ($X), Belgium ($X) and Egypt ($X), together accounting for X% of total imports.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average frozen fruits and vegetables import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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