Saudi Arabia: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Saudi Arabia

The Saudi pasta and couscous market stood at $X in 2022, growing by 4.5% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +15.0% against 2019 indices. Pasta and couscous consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pasta And Couscous Production in Saudi Arabia

In value terms, pasta and couscous production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +13.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 71% against the previous year. Pasta and couscous production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Pasta And Couscous Exports

Exports from Saudi Arabia

In 2022, after three years of decline, there was growth in overseas shipments of stuffed pasta and couscous, when their volume increased by 4.7% to X tons. Overall, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.8% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 78%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, pasta and couscous exports amounted to $X in 2022. In general, exports posted perceptible growth. The growth pace was the most rapid in 2018 with an increase of 89%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Oman (X tons), the United Arab Emirates (X tons) and Kuwait (X tons) were the main destinations of pasta and couscous exports from Saudi Arabia, with a combined 77% share of total exports. Bahrain, Jordan, Iraq and Sudan lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of +121.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the largest markets for pasta and couscous exported from Saudi Arabia worldwide, with a combined 64% share of total exports. Jordan, Bahrain, Iraq and Sudan lagged somewhat behind, together comprising a further 31%.

Sudan, with a CAGR of +153.4%, saw the highest growth rate of 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 pasta and couscous export price stood at $X per ton in 2022, dropping by -2.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 13% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Oman ($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 Sudan (+14.7%), while the prices for the other major destinations experienced a decline.

Pasta And Couscous Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of stuffed pasta and couscous was finally on the rise to reach X tons after two years of decline. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, pasta and couscous imports fell modestly to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons), the United Arab Emirates (X tons) and Malaysia (X tons) were the main suppliers of pasta and couscous imports to Saudi Arabia, together comprising 65% of total imports. New Zealand, the Philippines, Jordan and the UK lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +47.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of stuffed pasta and couscous to Saudi Arabia, comprising 43% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 20% share of total imports. It was followed by Malaysia, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea amounted to +33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-18.9% per year) and Malaysia (+23.2% per year).

Import Prices by Country

In 2022, the average pasta and couscous import price amounted to $X per ton, declining by -3.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. The import price peaked at $X per ton in 2021, and then contracted modestly in the following year.

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 Philippines ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :