Saudi Arabia: Grapefruit Market 2024

Grapefruit Market Size in Saudi Arabia

The Saudi grapefruit market declined markedly to $X in 2022, which is down 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). In general, consumption, however, saw a remarkable increase. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Grapefruit Exports

Exports from Saudi Arabia

In 2022, exports of grapefruits from Saudi Arabia skyrocketed to X tons, picking up by X% compared with the year before. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, grapefruit exports rose remarkably to $X in 2022. In general, exports, however, recorded a slight slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for grapefruit exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, grapefruit exports to Slovakia exceeded the volume sent to the second major destination, Brunei Darussalam (X tons), more than tenfold. The third position in this ranking was held by Bahrain (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (X% per year) and Bahrain (X% per year).

In value terms, Slovakia ($X) emerged as the key foreign market for grapefruits exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Brunei Darussalam ($X), with an X% share of total exports. It was followed by Bahrain, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the average grapefruit export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Saudi Arabia

Grapefruit imports into Saudi Arabia shrank sharply to X tons in 2022, waning by X% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped sharply in the following year.

In value terms, grapefruit imports dropped rapidly to $X in 2022. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of grapefruit to Saudi Arabia, accounting for a X% share of total imports. Moreover, grapefruit imports from Egypt exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Turkey (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of grapefruits to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Syrian Arab Republic (X% per year).

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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