Report Update Nov 1, 2024

Saudi Arabia - Baking Soda - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Baking Soda Market 2024

Baking Soda Market Size in Saudi Arabia

In 2021, the Saudi baking soda market decreased by -59.9% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a deep slump. Baking soda consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Baking Soda Exports

Exports from Saudi Arabia

In 2021, baking soda exports from Saudi Arabia shrank markedly to X tons, reducing by -91.3% against the previous year. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 3,674% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, baking soda exports shrank notably to $X in 2021. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 6,145% against the previous year. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Bahrain (X tons) was the main destination for baking soda exports from Saudi Arabia, accounting for a 76% share of total exports. Moreover, baking soda exports to Bahrain exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold. Mauritius (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahrain stood at +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-22.6% per year) and Mauritius (0.0% per year).

In value terms, the largest markets for baking soda exported from Saudi Arabia were the United Arab Emirates ($X), Bahrain ($X) and Mauritius ($X), with a combined 86% share of total exports.

Bahrain, with a CAGR of +48.6%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average baking soda export price amounted to $X per ton, jumping by 48% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 87%. The export price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Baking Soda Imports

Imports into Saudi Arabia

In 2021, purchases abroad of baking soda decreased by -66.1% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 110%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, baking soda imports dropped dramatically to $X in 2021. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 61% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bosnia and Herzegovina (X tons), Italy (X tons) and Bulgaria (X tons) were the main suppliers of baking soda imports to Saudi Arabia.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Italy ($X) and Bulgaria ($X) appeared to be the largest baking soda suppliers to Saudi Arabia, together accounting for 93% of total imports.

Italy, with a CAGR of +29.5%, saw the highest growth rate of the value of imports, among 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 baking soda import price stood at $X per ton in 2021, jumping by 24% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 26%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for baking soda in the world?

The countries with the highest volumes of baking soda consumption in 2021 were China, the United States and India, with a combined 41% share of global consumption. Japan, Pakistan, Brazil, Russia, France, Italy, Mexico, the UK, Germany and South Korea lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of baking soda in the world?

The country with the largest volume of baking soda production was China, accounting for 27% of total volume. Moreover, baking soda production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of baking soda to Saudi Arabia?

In value terms, Turkey, China and Sweden appeared to be the largest baking soda suppliers to Saudi Arabia, together accounting for 60% of total imports. These countries were followed by Bulgaria, the United States and Italy, which together accounted for a further 21%.

What are the leading importers of baking soda from Saudi Arabia?

In value terms, the largest markets for baking soda exported from Saudi Arabia were the United Arab Emirates and Bahrain.

What is the average export price for baking soda in Saudi Arabia?

In 2020, the average baking soda export price amounted to $984 per ton, jumping by 26% against the previous year.

What is the average import price for baking soda in Saudi Arabia?

The average baking soda import price stood at $398 per ton in 2020, jumping by 18% against the previous year.

This report provides an in-depth analysis of the baking soda 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 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)

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