Saudi Arabia: Pesticide Market 2024

Pesticide Market Size in Saudi Arabia

The Saudi pesticide market rose markedly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pesticide Production in Saudi Arabia

In value terms, pesticide production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Pesticide production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Pesticide Exports

Exports from Saudi Arabia

In 2022, approx. X tons of pesticides were exported from Saudi Arabia; with an increase of X% against 2021 figures. Overall, total exports indicated perceptible growth from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, pesticide exports soared to $X in 2022. Over the period under review, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tons), the United Arab Emirates (X tons) and Egypt (X tons) were the main destinations of pesticide exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pesticide exported from Saudi Arabia were Egypt ($X), Bahrain ($X) and Oman ($X), with a combined X% share of total exports. Djibouti, Algeria, Libya, the United Arab Emirates, Iraq, Nepal, Somalia and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Djibouti, with a CAGR of X%, saw 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

The average pesticide export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Lebanon ($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 Djibouti (X%), while the prices for the other major destinations experienced a decline.

Pesticide Imports

Imports into Saudi Arabia

In 2022, the amount of pesticides imported into Saudi Arabia soared to X tons, picking up by X% on 2021. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, pesticide imports rose sharply to $X in 2022. In general, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Germany (X tons) were the main suppliers of pesticide imports to Saudi Arabia, together comprising X% of total imports. The United States, the United Arab Emirates, France, Thailand, the UK, Jordan, Belgium, Bahrain, Oman and Spain lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest pesticide suppliers to Saudi Arabia were China ($X), the United States ($X) and Germany ($X), together comprising X% of total imports. India, the United Arab Emirates, France, Jordan, the UK, Oman, Thailand, Spain, Belgium and Bahrain lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 pesticide import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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