Saudi Arabia: Lentil Market Overview 2021

Lentil Market Size in Saudi Arabia

The Saudi lentil market reduced modestly to $X in 2019, dropping 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 showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market remained at a lower figure.

Lentil Exports

Exports from Saudi Arabia

In 2019, the amount of lentils exported from Saudi Arabia fell notably to X tonnes, with a decrease of -X% on the previous year. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2013 to 2019, the growth exports failed to regain the momentum.

In value terms, lentil exports declined remarkably to $X in 2019. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2018, and then declined dramatically in the following year.

Exports by Country

Sudan (X tonnes), Kenya (X tonnes) and Yemen (X tonnes) were the main destinations of lentil exports from Saudi Arabia, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Yemen, while shipments for the other leaders experienced a decline.

In value terms, the largest markets for lentil exported from Saudi Arabia were the United Arab Emirates ($X), Kenya ($X) and Yemen ($X), with a combined X% share of total exports.

Yemen saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average lentil export price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the export price, however, showed a mild descent. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Sudan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Lentil Imports

Imports into Saudi Arabia

In 2019, purchases abroad of lentils increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, lentil imports declined slightly to $X in 2019. Overall, imports saw a modest expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2016 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the United Arab Emirates (X tonnes) constituted the largest supplier of lentil to Saudi Arabia, accounting for a X% share of total imports. Moreover, lentil imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), sevenfold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Turkey (-X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of lentil to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Canada (-X% per year).

Import Prices by Country

In 2019, the average lentil import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Syrian Arab Republic ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lentils in the world?

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India (2M tonnes) constituted the country with the largest volume of lentil consumption, accounting for 27% of total volume. Moreover, lentil consumption in India exceeded the figures recorded by the second-largest consumer, Canada (984K tonnes), twofold. Turkey (657K tonnes) ranked third in terms of total consumption with a 8.7% share.

What are the largest producers of lentils in the world?

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The country with the largest volume of lentil production was Canada (3.1M tonnes), accounting for 45% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India (1.2M tonnes), threefold. The third position in this ranking was occupied by Australia (534K tonnes), with a 7.7% share.

What are the leading suppliers of lentils to Saudi Arabia?

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In value terms, the United Arab Emirates ($23M) constituted the largest supplier of lentil to Saudi Arabia, comprising 70% of total imports. The second position in the ranking was occupied by Turkey ($3.4M), with a 10% share of total imports. It was followed by Canada, with a 7.7% share.

What are the leading importers of lentils from Saudi Arabia?

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In value terms, the United Arab Emirates ($23K), Kenya ($20K) and Yemen ($18K) appeared to be the largest markets for lentil exported from Saudi Arabia worldwide, together accounting for 77% of total exports.

What is the average export price for lentils in Saudi Arabia?

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In 2019, the average lentil export price amounted to $925 per tonne, with an increase of 26% against the previous year.

What is the average import price for lentils in Saudi Arabia?

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The average lentil import price stood at $585 per tonne in 2019, shrinking by -4.4% against the previous year.