Saudi Arabia: Millet Market 2025

Millet Market Size in Saudi Arabia

The Saudi millet market was estimated at $X in 2022, stabilizing at the previous year. In general, consumption, however, showed a relatively flat trend pattern. Millet consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Millet Production in Saudi Arabia

In value terms, millet production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of 90%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of millet in Saudi Arabia declined slightly to X tons per ha, approximately reflecting the year before. Overall, the yield indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet yield decreased by -14.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the yield increased by 52% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average millet yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of millet were harvested in Saudi Arabia; approximately reflecting the year before. In general, the total harvested area indicated prominent growth from 2012 to 2022: its figure increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet harvested area increased by +112.7% against 2013 indices. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 36% against the previous year. The millet harvested area peaked at X ha in 2021, and then shrank slightly in the following year.

Millet Exports

Exports from Saudi Arabia

In 2022, overseas shipments of millet decreased by -24.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 2,369% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, millet exports declined significantly to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,245%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for millet exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for millet exports from Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

The average millet export price stood at $X per ton in 2022, with an increase of 5.8% against the previous year. In general, the export price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 54%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Millet Imports

Imports into Saudi Arabia

In 2017, approx. X tons of millet were imported into Saudi Arabia; with an increase of 9% on the year before. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 109%. Over the period under review, imports reached the maximum in 2017 and are likely to see steady growth in the immediate term.

In value terms, millet imports rose rapidly to $X in 2017. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 111% against the previous year. Over the period under review, imports attained the peak figure in 2017 and are likely to see steady growth in the immediate term.

Imports by Country

In 2017, India (X tons) constituted the largest supplier of millet to Saudi Arabia, with a 76% share of total imports. Moreover, millet imports from India exceeded the figures recorded by the second-largest supplier, Yemen (X tons), eightfold.

From 2012 to 2017, the average annual growth rate of volume from India stood at +28.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (+15.1% per year) and the United States (-4.3% per year).

In value terms, India ($X) constituted the largest supplier of millet to Saudi Arabia, comprising 71% of total imports. The second position in the ranking was taken by Yemen ($X), with a 9% share of total imports.

From 2012 to 2017, the average annual rate of growth in terms of value from India amounted to +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (+16.8% per year) and the United States (-11.3% per year).

Import Prices by Country

In 2017, the average millet import price amounted to $X per ton, with an increase of 4% against the previous year. Overall, the import price, however, showed a noticeable setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2017, import prices stood at a somewhat lower figure.

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

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by Yemen (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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