Saudi Arabia: Market for Frozen Fruits And Vegetables 2024

Market Size for Frozen Fruits And Vegetables in Saudi Arabia

The Saudi frozen fruits and vegetables market declined slightly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Frozen fruits and vegetables consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Frozen Fruits And Vegetables in Saudi Arabia

In value terms, frozen fruits and vegetables production rose to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Frozen fruits and vegetables production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Frozen Fruits And Vegetables

Exports from Saudi Arabia

In 2022, after two years of growth, there was significant decline in shipments abroad of frozen fruits and vegetables, when their volume decreased by X% to X tons. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen fruits and vegetables exports fell sharply to $X in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for frozen fruits and vegetables exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, frozen fruits and vegetables exports to Yemen exceeded the volume sent to the second major destination, Djibouti (X tons), twofold. Jordan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Yemen amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Jordan (X% per year).

In value terms, Yemen ($X) remains the key foreign market for frozen fruits and vegetables exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Jordan ($X), with a X% share of total exports. It was followed by Djibouti, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Yemen stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Djibouti (X% per year).

Export Prices by Country

The average frozen fruits and vegetables export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price recorded a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fruits And Vegetables

Imports into Saudi Arabia

In 2022, imports of frozen fruits and vegetables into Saudi Arabia reduced modestly to X tons, which is down by X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, frozen fruits and vegetables imports fell modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Egypt (X tons) were the main suppliers of frozen fruits and vegetables imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruits and vegetables suppliers to Saudi Arabia were the Netherlands ($X), Belgium ($X) and Egypt ($X), with a combined X% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average frozen fruits and vegetables import price amounted to $X per ton, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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