Saudi Arabia: Apple Juice Market 2024

Apple Juice Market Size in Saudi Arabia

In 2021, the Saudi apple juice market increased by 7.3% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a slight decrease. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Apple Juice Production in Saudi Arabia

In value terms, apple juice production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 with an increase of 33% against the previous year. Apple juice production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Apple Juice Exports

Exports from Saudi Arabia

In 2021, shipments abroad of apple juice (single strength) decreased by -51.7% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 348% against the previous year. The exports peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, apple juice exports shrank sharply to $X in 2021. Overall, exports, however, saw noticeable growth. The pace of growth appeared the most rapid in 2014 with an increase of 527% against the previous year. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

Oman (X tons), Kuwait (X tons) and Bahrain (X tons) were the main destinations of apple juice exports from Saudi Arabia, together comprising 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +131.8%), while the other leaders experienced mixed trend patterns.

In value terms, Oman ($X) emerged as the key foreign market for apple juice (single strength) exports from Saudi Arabia, comprising 62% of total exports. The second position in the ranking was taken by Bahrain ($X), with an 18% share of total exports. It was followed by Kuwait, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value to Oman totaled +118.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-17.0% per year) and Kuwait (-19.2% per year).

Export Prices by Country

In 2021, the average apple juice export price amounted to $X per ton, jumping by 31% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 40%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+74.5%), while the prices for the other major destinations experienced a decline.

Apple Juice Imports

Imports into Saudi Arabia

In 2021, supplies from abroad of apple juice (single strength) increased by 1.4% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, apple juice imports rose sharply to $X in 2021. Over the period under review, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Kuwait (X tons) constituted the largest apple juice supplier to Saudi Arabia, accounting for a 57% share of total imports. Moreover, apple juice imports from Kuwait exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Kuwait totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+6.2% per year) and Germany (+35.8% per year).

In value terms, Kuwait ($X), Austria ($X) and Germany ($X) appeared to be the largest apple juice suppliers to Saudi Arabia, together accounting for 79% of total imports.

In terms of the main suppliers, Kuwait, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average apple juice import price amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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