Saudi Arabia: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Saudi Arabia

The revenue of the frozen orange juice market in Saudi Arabia amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, frozen orange juice consumption continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Frozen orange juice consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Frozen Orange Juice Exports

Exports from Saudi Arabia

Frozen orange juice exports from Saudi Arabia stood at X tons in 2018, dropping by -X% against the previous year. In general, frozen orange juice exports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, frozen orange juice exports attained their peak figure at X tons in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, frozen orange juice exports totaled $X in 2018. In general, frozen orange juice exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, frozen orange juice exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Libya (X tons), Ethiopia (X tons) and Cote d'Ivoire (X tons) were the main destinations of frozen orange juice exports from Saudi Arabia, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Cote d'Ivoire (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen orange juice exported from Saudi Arabia were Syrian Arab Republic ($X), Libya ($X) and Cote d'Ivoire ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Cote d'Ivoire (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, picking up by X% against the previous year. In general, the frozen orange juice export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the average export prices for frozen unconcentrated orange juice reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Syrian Arab Republic ($X per ton), while the average price for exports to Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Saudi Arabia

In 2018, the imports of frozen unconcentrated orange juice into Saudi Arabia amounted to X tons, picking up by X% against the previous year. In general, frozen orange juice imports continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, frozen orange juice imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, frozen orange juice imports amounted to $X in 2018. In general, frozen orange juice imports continue to indicate a mild expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, frozen orange juice imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Brazil (X tons) constituted the largest frozen orange juice supplier to Saudi Arabia, with a X% share of total imports. Moreover, frozen orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen orange juice to Saudi Arabia, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (+X% per year).

Import Prices by Country

In 2018, the average frozen orange juice import price amounted to $X per ton, increasing by X% against the previous year. In general, the frozen orange juice import price, however, continues to indicate a temperate reduction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for frozen unconcentrated orange juice reached their maximum at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Taiwan, Chinese ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform