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Saudi Arabia - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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Saudi Arabia: Olives Market Overview 2021

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Olives Market Size in Saudi Arabia

The Saudi olives market skyrocketed to $X in 2020, growing 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). Over the period under review, consumption posted a notable increase. The pace of growth appeared the most rapid in 2019 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Olives Exports

Exports from Saudi Arabia

In 2020, olives exports from Saudi Arabia shrank significantly to X tonnes, with a decrease of -X% on 2019 figures. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, olives exports shrank markedly to $X in 2020. Overall, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Greece (X tonnes) was the main destination for olives exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, olives exports to Greece exceeded the volume sent to the second major destination, Malaysia (X tonnes), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Greece was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Macao SAR (X% per year).

In value terms, Greece ($X) emerged as the key foreign market for olives exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Macao SAR ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Greece totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2020, the average olives export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price saw noticeable growth. The growth pace was the most rapid in 2010 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced mixed trend patterns.

Olives Imports

Imports into Saudi Arabia

In 2020, the amount of olives (prepared or preserved ) imported into Saudi Arabia soared to X tonnes, growing by X% compared with the previous year's figure. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, olives imports skyrocketed to $X in 2020. Overall, imports enjoyed a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest olives supplier to Saudi Arabia, with a X% share of total imports. Moreover, olives imports from Spain exceeded the figures recorded by the second-largest supplier, Greece (X tonnes), more than tenfold. Morocco (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+X% per year) and Morocco (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2020, the average olives import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Greece ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives consumption in 2020 were the U.S. (309K tonnes), Spain (306K tonnes) and Italy (143K tonnes), together comprising 33% of global consumption. Brazil, Germany, Bangladesh, France, Egypt, Democratic Republic of the Congo, the UK, Russia, Argentina and Romania lagged somewhat behind, together comprising a further 34%.
What are the largest producers of olives (prepared or preserved ) in the world?
+
Spain (746K tonnes) remains the largest olives producing country worldwide, comprising approx. 35% of total volume. Moreover, olives production in Spain exceeded the figures recorded by the second-largest producer, Greece (193K tonnes), fourfold. The U.S. (186K tonnes) ranked third in terms of total production with a 8.6% share.
What are the leading suppliers of olives (prepared or preserved ) to Saudi Arabia?
+
In value terms, Spain ($39M) constituted the largest supplier of olives to Saudi Arabia, comprising 73% of total imports. The second position in the ranking was occupied by Greece ($8.1M), with a 15% share of total imports. It was followed by Turkey, with a 4.2% share.
What are the leading importers of olives (prepared or preserved ) from Saudi Arabia?
+
In value terms, Greece ($31K) emerged as the key foreign market for olives exports from Saudi Arabia, comprising 82% of total exports. The second position in the ranking was occupied by Macao SAR ($3.9K), with a 10% share of total exports.
What is the average export price for olives (prepared or preserved ) in Saudi Arabia?
+
In 2020, the average olives export price amounted to $2,567 per tonne, with an increase of 49% against the previous year.
What is the average import price for olives (prepared or preserved ) in Saudi Arabia?
+
The average olives import price stood at $1,521 per tonne in 2020, rising by 7.4% against the previous year.

Product coverage:
• Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the olives 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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