Saudi Arabia: Tomato Ketchup And Paste Market Overview 2020

Tomato Ketchup And Paste Market Size in Saudi Arabia

The revenue of the tomato ketchup and paste market in Saudi Arabia amounted to $X in 2017, 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). Overall, the total market indicated a noticeable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tomato ketchup and paste consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, the tomato ketchup and paste market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Tomato Ketchup And Paste Exports from Saudi Arabia

In 2017, approx. X tonnes of tomato ketchup and paste were exported from Saudi Arabia; going down by -X% against the previous year. Overall, tomato ketchup and paste exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. The exports peaked of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, tomato ketchup and paste exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Tomato Ketchup And Paste Exports by Country from Saudi Arabia

Qatar (X tonnes) was the main destination of tomato ketchup and paste exports from Saudi Arabia, with a X% share of total exports. Moreover, tomato ketchup and paste exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X tonnes), twofold. Cote d'Ivoire (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Qatar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Cote d'Ivoire (+X% per year).

In value terms, largest markets for tomato ketchup and paste exported from Saudi Arabia were Qatar ($X), Bahrain ($X) and Jordan ($X), together accounting for X% of total exports.

In terms of the main countries of destination , Qatar (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Tomato Ketchup And Paste Export Prices by Country in Saudi Arabia

The average tomato ketchup and paste export price stood at $X per tonne in 2017, coming down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015, when the average export prices increased by X% year-to-year. The export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Bahrain ($X per tonne), while average price for exports to Cote d'Ivoire ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Jordan (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Tomato Ketchup And Paste Imports into Saudi Arabia

Tomato ketchup and paste imports into Saudi Arabia stood at X tonnes in 2017, approximately reflecting the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. The imports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, tomato ketchup and paste imports totaled $X in 2017. In general, the total imports indicated a significant growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tomato ketchup and paste imports decreased by -X% against 2015 indices. The imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Tomato Ketchup And Paste Imports by Country into Saudi Arabia

In 2017, China (X tonnes) constituted the largest tomato ketchup and paste supplier to Saudi Arabia, with a X% share of total imports. Moreover, tomato ketchup and paste imports from China exceeded the figures recorded by the second largest supplier, Turkey (X tonnes), threefold. Chile (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Chile (+X% per year).

In value terms, largest tomato ketchup and paste suppliers to Saudi Arabia were China ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by Chile, Kuwait, Jordan and the U.S., which together accounted for a further X%.

Among the main suppliers , Chile (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Tomato Ketchup And Paste Import Prices by Country in Saudi Arabia

The average tomato ketchup and paste import price stood at $X per tonne in 2017, going down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. The import price peaked of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Jordan ($X per tonne), while prices for tomato ketchup and paste imports from the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform