Report Update Jan 1, 2025

Saudi Arabia - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Market for Fresh Or Chilled Anchovies 2025

Market Size for Fresh Or Chilled Anchovies in Saudi Arabia

In 2021, the Saudi fresh or chilled anchovies market increased by 0.5% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a perceptible setback. Fresh or chilled anchovies consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Anchovies in Saudi Arabia

In value terms, fresh or chilled anchovies production contracted to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 2.7%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Fresh Or Chilled Anchovies

Exports from Saudi Arabia

In 2015, the amount of fresh or chilled anchovieses exported from Saudi Arabia skyrocketed to X tons, with an increase of 793% on the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fresh or chilled anchovies exports soared to $X in 2015. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kuwait (X tons) was the main destination for fresh or chilled anchovies exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2014 to 2015, the average annual growth rate of volume to Kuwait stood at +792.9%.

In value terms, Kuwait ($X) also remains the key foreign market for fresh or chilled anchovieses exports from Saudi Arabia.

From 2014 to 2015, the average annual growth rate of value to Kuwait totaled +610.8%.

Export Prices by Country

In 2015, the average fresh or chilled anchovies export price amounted to $X per ton, declining by -20.4% against the previous year. Over the period under review, the export price continues to indicate a dramatic decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014, and then fell dramatically in the following year.

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

From 2014 to 2015, the rate of growth in terms of prices for Kuwait amounted to -20.4% per year.

Imports of Fresh Or Chilled Anchovies

Imports into Saudi Arabia

In 2021, purchases abroad of fresh or chilled anchovieses decreased by 0% to X kg, falling for the third consecutive year after two years of growth. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2018 when imports increased by 15% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, fresh or chilled anchovies imports totaled $X in 2021. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2018 when imports increased by 102%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X kg) was the main fresh or chilled anchovies supplier to Saudi Arabia, with a approx. 100% share of total imports.

From 2017 to 2021, the average annual growth rate of volume from South Korea totaled -53.8%.

In value terms, South Korea ($X) constituted the largest supplier of fresh or chilled anchovieses to Saudi Arabia.

From 2017 to 2021, the average annual growth rate of value from South Korea stood at -51.0%.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

The countries with the highest volumes of in 2021 were Oman, Morocco and Georgia, together accounting for 54% of global consumption. These countries were followed by Italy, Peru, Croatia, Spain, Turkey, Greece, the United Arab Emirates and Germany, which together accounted for a further 35%.

What are the largest producers of fresh or chilled anchovies in the world?

Oman remains the largest fresh or chilled anchovies producing country worldwide, accounting for 52% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Portugal, fourfold. The third position in this ranking was occupied by Georgia, with a 12% share.

What are the leading suppliers of fresh or chilled anchovies to Saudi Arabia?

In value terms, India constituted the largest supplier of fresh or chilled anchovies to Saudi Arabia.

What are the leading importers of fresh or chilled anchovies from Saudi Arabia?

In value terms, Kuwait remains the key foreign market for fresh or chilled anchovies exports from Saudi Arabia.

What is the average export price for fresh or chilled anchovies in Saudi Arabia?

The average fresh or chilled anchovies export price stood at $665 per ton in 2015, dropping by -20.4% against the previous year.

What is the average import price for fresh or chilled anchovies in Saudi Arabia?

In 2019, the average fresh or chilled anchovies import price amounted to $4,810 per ton, waning by -33.3% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024