Saudi Arabia: Dairy Spread Market 2025

Dairy Spread Market Size in Saudi Arabia

The Saudi dairy spread market contracted remarkably to $X in 2022, reducing by -19.1% against the previous year. In general, consumption, however, continues to indicate a prominent increase. Dairy spread consumption peaked at $X in 2021, and then contracted remarkably in the following year.

Dairy Spread Production in Saudi Arabia

In value terms, dairy spread production shrank modestly to $X in 2022 estimated in export price. In general, production posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 203%. Dairy spread production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dairy Spread Exports

Exports from Saudi Arabia

In 2022, after seven years of growth, there was significant decline in shipments abroad of dairy spreads, when their volume decreased by -6.7% to X tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 2,340%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, dairy spread exports contracted to $X in 2022. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 1,447%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for dairy spread exports from Saudi Arabia, with a 44% share of total exports. Moreover, dairy spread exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. The third position in this ranking was taken by Oman (X tons), with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +68.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+15.9% per year) and Oman (+65.5% per year).

In value terms, the largest markets for dairy spread exported from Saudi Arabia were the United Arab Emirates ($X), Kuwait ($X) and Oman ($X), together accounting for 84% of total exports. Bahrain and Jordan lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, Bahrain, with a CAGR of +121.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dairy spread export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 10%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($X per ton) and Kuwait ($X per ton), while the average price for exports to Jordan ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+0.6%), while the prices for the other major destinations experienced a decline.

Dairy Spread Imports

Imports into Saudi Arabia

In 2021, approx. X tons of dairy spreads were imported into Saudi Arabia; remaining constant against 2020 figures. Overall, imports saw noticeable growth. The pace of growth was the most pronounced in 2013 with an increase of 28%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, dairy spread imports totaled $X in 2021. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 41%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

New Zealand (X tons), the United States (X tons) and India (X tons) were the main suppliers of dairy spread imports to Saudi Arabia, with a combined 76% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dairy spread suppliers to Saudi Arabia were New Zealand ($X), the United States ($X) and India ($X), together accounting for 79% of total imports.

The United States, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dairy spread import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price saw notable growth. The most prominent rate of growth was recorded in 2014 an increase of 55%. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and the United States ($X per ton), while the price for Portugal ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+5.0%).

Source: IndexBox Platform

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