Saudi Arabia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Saudi Arabia

The Saudi mixes and doughs market fell to $X in 2022, with a decrease of -9% against the previous year. In general, consumption, however, recorded buoyant growth. Mixes and doughs consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Saudi Arabia

In value terms, mixes and doughs production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 224%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Mixes And Doughs Exports

Exports from Saudi Arabia

In 2022, shipments abroad of mixes and doughs decreased by -10.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, mixes and doughs exports declined to $X in 2022. In general, total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +155.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 124% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The United Arab Emirates (X tons), Oman (X tons) and Jordan (X tons) were the main destinations of mixes and doughs exports from Saudi Arabia, together accounting for 63% of total exports. Kuwait, Bahrain, Yemen and Lebanon lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +55.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Bahrain ($X), the United Arab Emirates ($X) and Oman ($X) were the largest markets for mixes and doughs exported from Saudi Arabia worldwide, with a combined 70% share of total exports.

Bahrain, with a CAGR of +76.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2017 when the average export price increased by 21%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Yemen ($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 Bahrain (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Saudi Arabia

After two years of growth, supplies from abroad of mixes and doughs decreased by -7.9% to X tons in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, mixes and doughs imports contracted to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2016 indices. The growth pace was the most rapid in 2018 when imports increased by 23%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The United Arab Emirates (X tons), the United States (X tons) and Pakistan (X tons) were the main suppliers of mixes and doughs imports to Saudi Arabia, with a combined 68% share of total imports. Jordan, Argentina, Turkey and Belgium lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +65.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of mixes and doughs to Saudi Arabia, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Jordan, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.8% per year) and Jordan (+24.4% per year).

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, growing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 an increase of 6.8% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :