Report Update Nov 1, 2024

Saudi Arabia - Prepared Mustard - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Prepared Mustard Market 2024

Prepared Mustard Market Size in Saudi Arabia

In 2021, after two years of growth, there was significant decline in the Saudi prepared mustard market, when its value decreased by -16.9% to $X. Overall, consumption, however, continues to indicate resilient growth. Prepared mustard consumption peaked at $X in 2020, and then contracted sharply in the following year.

Prepared Mustard Production in Saudi Arabia

In value terms, prepared mustard production contracted dramatically to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 73% against the previous year. Prepared mustard production peaked at $X in 2020, and then declined notably in the following year.

Prepared Mustard Exports

Exports from Saudi Arabia

In 2021, overseas shipments of prepared mustard increased by 54% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 337%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, prepared mustard exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep downturn. The growth pace was the most rapid in 2016 with an increase of 172%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Ethiopia (X tons) was the main destination for prepared mustard exports from Saudi Arabia, with a 97% share of total exports. It was followed by Egypt (X kg), with a 3.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ethiopia totaled +75.5%.

In value terms, Ethiopia ($X) emerged as the key foreign market for prepared mustard exports from Saudi Arabia, comprising 88% of total exports. The second position in the ranking was held by Egypt ($X), with a 7.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia stood at +103.3%.

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2021, shrinking by -5.5% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 147%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Ethiopia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (+200.2%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Saudi Arabia

For the fifth year in a row, Saudi Arabia recorded growth in supplies from abroad of prepared mustard, which increased by 36% to X tons in 2020. In general, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared mustard imports skyrocketed to $X in 2020. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in years to come.

Imports by Country

In 2020, the United States (X tons) was the main prepared mustard supplier to Saudi Arabia, accounting for a approx. 91% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from the United States stood at +9.4%.

In value terms, the United States ($X) constituted the largest supplier of prepared mustard to Saudi Arabia.

From 2012 to 2020, the average annual rate of growth in terms of value from the United States stood at +13.8%.

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2020, declining by -11% against the previous year. In general, the import price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2013 an increase of 37%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2020, the rate of growth in terms of prices for the United States amounted to +2.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared mustard in the world?

China remains the largest prepared mustard consuming country worldwide, accounting for 14% of total volume. Moreover, prepared mustard consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the largest producers of prepared mustard in the world?

The countries with the highest volumes of prepared mustard production in 2021 were China, the United States and India, with a combined 27% share of global production. Pakistan, Japan, Nigeria, Bangladesh, Brazil, Indonesia, Russia, France, Ethiopia and Germany lagged somewhat behind, together accounting for a further 29%.

What are the leading suppliers of prepared mustard to Saudi Arabia?

In value terms, the United States constituted the largest supplier of prepared mustard to Saudi Arabia, comprising 80% of total imports. The second position in the ranking was occupied by the Netherlands, with a 7.8% share of total imports.

What is the average export price for prepared mustard in Saudi Arabia?

The average prepared mustard export price stood at $1,478 per ton in 2021, almost unchanged from the previous year.

What is the average import price for prepared mustard in Saudi Arabia?

The average prepared mustard import price stood at $1,505 per ton in 2021, picking up by 8% against the previous year.

This report provides an in-depth analysis of the prepared mustard market 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:

Prodcom 10841253 - Mustard flour and meal
Prodcom 10841255 - Prepared mustard

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023