Saudi Arabia - Vegetable Puree - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Vegetable Puree Market 2024
Vegetable Puree Market Size in Saudi Arabia
The Saudi vegetable puree market contracted dramatically to $X in 2022, declining by -46.2% against the previous year. Overall, consumption recorded a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.
Vegetable Puree Production in Saudi Arabia
In value terms, vegetable puree production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% 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 +1.5% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 38% against the previous year. Vegetable puree production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Vegetable Puree Exports
Exports from Saudi Arabia
In 2022, the amount of vegetable puree exported from Saudi Arabia soared to X tons, with an increase of 55% against the year before. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by 236% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, vegetable puree exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 637%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
Bahrain (X tons) was the main destination for vegetable puree exports from Saudi Arabia, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Bahrain stood at +37.7%.
In value terms, Bahrain ($X) emerged as the key foreign market for vegetable puree exports from Saudi Arabia.
From 2012 to 2022, the average annual growth rate of value to Bahrain stood at +16.2%.
Export Prices by Country
In 2022, the average vegetable puree export price amounted to $X per ton, surging by 8.3% against the previous year. Over the period under review, the export price continues to indicate a moderate increase. The growth pace was the most rapid in 2016 an increase of 135% 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.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +0.8% per year.
Vegetable Puree Imports
Imports into Saudi Arabia
In 2014, after two years of growth, there was significant decline in purchases abroad of vegetable puree, when their volume decreased by -64.9% to X tons. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2013 with an increase of 265%. As a result, imports attained the peak of X tons, and then fell significantly in the following year.
In value terms, vegetable puree imports declined significantly to $X in 2014. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 515% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.
Imports by Country
In 2014, the United States (X tons) constituted the largest supplier of vegetable puree to Saudi Arabia, with a 30% share of total imports. Moreover, vegetable puree imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), fivefold.
From 2012 to 2014, the average annual rate of growth in terms of volume from the United States was relatively modest.
In value terms, the largest vegetable puree suppliers to Saudi Arabia were Australia ($X) and the United States ($X).
Australia, with a CAGR of +23.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average vegetable puree import price stood at $X per ton in 2014, declining by -18.6% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2014: its price increased at an average annual rate of +17.2% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, vegetable puree import price increased by +37.3% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 69%. As a result, import price reached the peak level of $X per ton, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2014, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2014, the most notable rate of growth in terms of prices was attained by Australia (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vegetable puree 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:
- FCL 476 - Homogenized Vegetable Preparations
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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