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Saudi Arabia - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Maize Market Overview 2021

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Maize Market Size in Saudi Arabia

The Saudi maize market was estimated at $X in 2018, standing approx. at the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Maize consumption peaked at $X in 2017, and then was estimated in the following year.

Maize Production in Saudi Arabia

In value terms, maize production soared to $X in 2019 estimated in export prices. Over the period under review, production saw prominent growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of maize (green) in Saudi Arabia amounted to X kg per ha in 2019, standing approx. at the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in Saudi Arabia stood at X ha in 2019, stabilizing at the year before. In general, the harvested area saw a relatively flat trend pattern.

Maize Exports

Exports from Saudi Arabia

In 2019, exports of maize (green) from Saudi Arabia reduced slightly to X tonnes, which is down by -X% compared with the year before. Overall, exports, however, recorded a moderate increase. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2017 to 2019, the growth exports remained at a lower figure.

In value terms, maize exports expanded significantly to $X in 2019. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Qatar (X tonnes) was the main destination for maize exports from Saudi Arabia, with a X% share of total exports. Moreover, maize exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Qatar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Qatar ($X), the United Arab Emirates ($X) and Bahrain ($X) constituted the largest markets for maize exported from Saudi Arabia worldwide, together comprising X% of total exports.

The United Arab Emirates saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average maize export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, export price indicated a prominent increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, maize export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Qatar ($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 Qatar, while the prices for the other major destinations experienced mixed trend patterns.

Maize Imports

Imports into Saudi Arabia

In 2019, overseas purchases of maize (green) decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. Over the period under review, imports showed a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, maize imports dropped notably to $X in 2019. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, India (X tonnes) constituted the largest maize supplier to Saudi Arabia, with a X% share of total imports. Moreover, maize imports from India exceeded the figures recorded by the second-largest supplier, Bangladesh (X tonnes), twofold. The United Arab Emirates (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 India amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-X% per year) and the United Arab Emirates (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Bangladesh (-X% per year).

Import Prices by Country

In 2019, the average maize import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, import price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, maize import price decreased by +X% against 2015 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bangladesh, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize (green) in the world?
+
The U.S. (3.1M tonnes) constituted the country with the largest volume of maize consumption, comprising approx. 25% of total volume. Moreover, maize consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Croatia (891K tonnes), threefold. The third position in this ranking was occupied by Nigeria (795K tonnes), with a 6.4% share.
What are the largest producers of maize (green) in the world?
+
The country with the largest volume of maize production was the U.S. (2.9M tonnes), accounting for 23% of total volume. Moreover, maize production in the U.S. exceeded the figures recorded by the second-largest producer, Mexico (971K tonnes), threefold. Croatia (889K tonnes) ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of maize (green) to Saudi Arabia?
+
In value terms, India ($1.9M) constituted the largest supplier of maize to Saudi Arabia, comprising 37% of total imports. The second position in the ranking was occupied by the Netherlands ($885K), with a 17% share of total imports. It was followed by Bangladesh, with a 14% share.
What are the leading importers of maize (green) from Saudi Arabia?
+
In value terms, Qatar ($2.4M), the United Arab Emirates ($1.7M) and Bahrain ($1M) appeared to be the largest markets for maize exported from Saudi Arabia worldwide, together comprising 100% of total exports.
What is the average export price for maize (green) in Saudi Arabia?
+
In 2019, the average maize export price amounted to $466 per tonne, surging by 13% against the previous year.
What is the average import price for maize (green) in Saudi Arabia?
+
The average maize import price stood at $1,335 per tonne in 2019, waning by -19.4% against the previous year.

Product coverage:
• FCL 446 - Green Corn (Maize)

This report provides an in-depth analysis of the maize market 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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