Report Update Nov 1, 2024

Saudi Arabia - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Rice Bran Market 2024

Rice Bran Market Size in Saudi Arabia

The Saudi rice bran market fell significantly to $X in 2021, shrinking by -23.7% against the previous year. Over the period under review, consumption, however, posted resilient growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Rice Bran Production in Saudi Arabia

In value terms, rice bran production soared to $X in 2021 estimated in export price. In general, production posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 281% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Rice Bran Exports

Exports from Saudi Arabia

In 2021, overseas shipments of rice bran decreased by -70% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports recorded a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 235%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, rice bran exports declined remarkably to $X in 2021. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for rice bran exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled -26.8%.

In value terms, Oman ($X) also remains the key foreign market for rice bran exports from Saudi Arabia.

From 2012 to 2021, the average annual growth rate of value to Oman amounted to -38.5%.

Export Prices by Country

The average rice bran export price stood at $X per ton in 2021, surging by 46% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, 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 Oman.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to -16.0% per year.

Rice Bran Imports

Imports into Saudi Arabia

In 2020, the amount of rice bran imported into Saudi Arabia amounted to X tons, remaining constant against the previous year. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 47% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2020, the growth of imports remained at a lower figure.

In value terms, rice bran imports stood at $X in 2020. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 45%. As a result, imports attained the peak of $X. From 2017 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main rice bran supplier to Saudi Arabia, accounting for a approx. 99% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of rice bran to Saudi Arabia.

From 2012 to 2020, the average annual rate of growth in terms of value from Vietnam totaled -5.6%.

Import Prices by Country

The average rice bran import price stood at $X per ton in 2020, stabilizing at the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price decreased by -1.2% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

China remains the largest rice bran consuming country worldwide, comprising approx. 21% of total volume. Moreover, rice bran consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of rice bran in the world?

The country with the largest volume of rice bran production was China, accounting for 15% of total volume. Moreover, rice bran production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of rice bran to Saudi Arabia?

In value terms, Vietnam constituted the largest supplier of rice bran to Saudi Arabia.

What is the average export price for rice bran in Saudi Arabia?

In 2017, the average rice bran export price amounted to $265 per ton, remaining stable against the previous year.

What is the average import price for rice bran in Saudi Arabia?

The average rice bran import price stood at $113 per ton in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the rice bran 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 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

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