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Saudi Arabia - Sugar - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Sugar Market Overview 2021

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Sugar Market Size in Saudi Arabia

The Saudi sugar market surged to $X in 2019, with an increase of 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 tangible growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Sugar consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Sugar Exports

Exports from Saudi Arabia

In 2019, after three years of growth, there was significant decline in overseas shipments of sugar, when their volume decreased by -X% to X tonnes. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2018, and then declined remarkably in the following year.

In value terms, sugar exports declined rapidly to $X in 2019. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2017 to 2019, the growth exports remained at a lower figure.

Exports by Country

Jordan (X tonnes) was the main destination for sugar exports from Saudi Arabia, with a X% share of total exports. Moreover, sugar exports to Jordan exceeded the volume sent to the second major destination, Iraq (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Jordan amounted to +X%.

In value terms, Jordan ($X) remains the key foreign market for sugar exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Jordan amounted to +X%.

Export Prices by Country

In 2019, the average sugar export price amounted to $X per tonne, approximately mirroring the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was Iraq ($X per tonne), while the average price for exports to Jordan totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Iraq.

Sugar Imports

Imports into Saudi Arabia

In 2019, sugar imports into Saudi Arabia soared to X tonnes, growing by X% compared with 2018 figures. In general, total imports indicated noticeable growth from 2007 to 2019: its volume 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, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to continue growth in years to come.

In value terms, sugar imports expanded significantly to $X in 2019. Overall, imports showed perceptible growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Brazil (X tonnes) was the main sugar supplier to Saudi Arabia, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Brazil stood at +X%.

In value terms, Brazil ($X) constituted the largest supplier of sugar to Saudi Arabia.

From 2007 to 2019, the average annual growth rate of value from Brazil stood at +X%.

Import Prices by Country

In 2019, the average sugar import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2007 to 2019, the rate of growth in terms of prices for Brazil amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar in the world?
+
The countries with the highest volumes of sugar consumption in 2019 were Brazil (26M tonnes), India (25M tonnes) and China (11M tonnes), with a combined 32% share of global consumption. These countries were followed by the U.S., Thailand, Pakistan, Russia, Mexico, France, Germany and Indonesia, which together accounted for a further 29%.
What are the largest producers of sugar in the world?
+
The countries with the highest volumes of sugar production in 2019 were Brazil (42M tonnes), India (24M tonnes) and Thailand (13M tonnes), with a combined 41% share of global production. China, Pakistan, the U.S., Russia, Mexico, France, Germany, Australia and Guatemala lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of sugar to Saudi Arabia?
+
In value terms, Brazil ($518M) constituted the largest supplier of sugar to Saudi Arabia.
What are the leading importers of sugar from Saudi Arabia?
+
In value terms, Jordan ($50M) remains the key foreign market for sugar exports from Saudi Arabia, comprising 188% of total exports. The second position in the ranking was occupied by Iraq ($4.4M), with a 17% share of total exports.
What is the average export price for sugar in Saudi Arabia?
+
The average sugar export price stood at $433 per tonne in 2019, standing approx. at the previous year.
What is the average import price for sugar in Saudi Arabia?
+
The average sugar import price stood at $273 per tonne in 2019, dropping by -14.1% against the previous year.

Product coverage:
• FCL 162 - Sugar, Raw Centrifugal
• FCL 163 -

This report provides an in-depth analysis of the sugar 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

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
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

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, 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

This Chapter is Available Only for the Professional Edition PRO
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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