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Report Saudi Arabia - Preserved Asparagus - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 11, 2023

Saudi Arabia - Preserved Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Preserved Asparagus Market 2023

Preserved Asparagus Market Size in Saudi Arabia

The Saudi preserved asparagus market fell markedly to $X in 2021, waning by -17.6% against the previous year. Over the period under review, consumption showed a perceptible decline. Preserved asparagus consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Preserved Asparagus Production in Saudi Arabia

In value terms, preserved asparagus production dropped sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 with an increase of 59%. Preserved asparagus production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Preserved Asparagus Exports

Exports from Saudi Arabia

In 2021, shipments abroad of preserved asparagus increased by 303% to X kg, rising for the sixth year in a row after three years of decline. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved asparagus exports skyrocketed to $X in 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sudan (X kg) was the main destination for preserved asparagus exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sudan totaled +37.1%.

In value terms, Sudan ($X) also remains the key foreign market for preserved asparagus exports from Saudi Arabia.

From 2012 to 2021, the average annual growth rate of value to Sudan amounted to +28.7%.

Export Prices by Country

The average preserved asparagus export price stood at $X per ton in 2021, shrinking by -25.3% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sudan.

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to -6.0% per year.

Preserved Asparagus Imports

Imports into Saudi Arabia

In 2021, purchases abroad of preserved asparagus increased by 2.1% to X tons, rising for the second year in a row after two years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 123% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, preserved asparagus imports surged to $X in 2021. Overall, imports recorded measured growth. The pace of growth appeared the most rapid in 2020 when imports increased by 125%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) was the main preserved asparagus supplier to Saudi Arabia, with a 97% share of total imports. It was followed by China (X kg), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of preserved asparagus to Saudi Arabia, comprising 97% of total imports. The second position in the ranking was held by China ($X), with a 2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +3.4%.

Import Prices by Country

The average preserved asparagus import price stood at $X per ton in 2021, with an increase of 19% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved asparagus import price decreased by -14.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 73%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-4.7%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?
+
The countries with the highest volumes of consumption in 2021 were Spain, China and Germany, together accounting for 37% of global consumption. France, India, the United States, Brazil, Indonesia, Russia, Ethiopia, Denmark, Japan and Mexico lagged somewhat behind, together accounting for a further 29%.
What are the largest producers of preserved asparagus in the world?
+
China remains the largest preserved asparagus producing country worldwide, comprising approx. 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, twofold. India ranked third in terms of total production with a 5.1% share.
What are the leading suppliers of preserved asparagus to Saudi Arabia?
+
In value terms, Spain constituted the largest supplier of preserved asparagus to Saudi Arabia, comprising 97% of total imports. The second position in the ranking was taken by China, with a 2% share of total imports.
What are the leading importers of preserved asparagus from Saudi Arabia?
+
In value terms, Sudan $990) remains the key foreign market for preserved asparagus exports from Saudi Arabia.
What is the average export price for preserved asparagus in Saudi Arabia?
+
The average preserved asparagus export price stood at $1,862 per ton in 2021, waning by -25.3% against the previous year.
What is the average import price for preserved asparagus in Saudi Arabia?
+
The average preserved asparagus import price stood at $2,369 per ton in 2021, growing by 19% against the previous year.

This report provides an in-depth analysis of the preserved asparagus 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 2030.


Product coverage:
• Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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