Report Update Nov 1, 2024

Saudi Arabia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Saudi Arabia

The Saudi whole fresh milk market was estimated at $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Whole Fresh Milk Production in Saudi Arabia

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 43% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from Saudi Arabia

In 2022, whole fresh milk exports from Saudi Arabia rose sharply to X tons, increasing by 8% compared with the previous year. Over the period under review, exports, however, saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 246%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, whole fresh milk exports surged to $X in 2022. In general, exports, however, continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 232% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons), Iraq (X tons) and Jordan (X tons) were the main destinations of whole fresh milk exports from Saudi Arabia, together comprising 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +53.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for whole fresh milk exported from Saudi Arabia were Bahrain ($X), Iraq ($X) and Jordan ($X), together comprising 81% of total exports.

In terms of the main countries of destination, Bahrain, with a CAGR of +38.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, rising by 7.4% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Iraq ($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 Kuwait (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Saudi Arabia

In 2016, approx. X tons of whole fresh milk were imported into Saudi Arabia; reducing by -13.1% compared with the year before. Over the period under review, imports continue to indicate a dramatic downturn. Imports peaked at X tons in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

In value terms, whole fresh milk imports shrank rapidly to $X in 2016. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 13%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2016, New Zealand (X tons) was the main whole fresh milk supplier to Saudi Arabia, accounting for a 91% share of total imports. It was followed by Oman (X tons), with a 2.6% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from New Zealand stood at +25.6%.

In value terms, New Zealand ($X) constituted the largest supplier of whole fresh milk to Saudi Arabia, comprising 93% of total imports. The second position in the ranking was taken by Oman ($X), with a 3.3% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of value from New Zealand totaled +14.5%.

Import Prices by Country

The average whole fresh milk import price stood at $X per ton in 2016, reducing by -33.6% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Oman ($X per ton), while the price for New Zealand totaled $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Iran (+25.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for whole fresh milk in the world?

The countries with the highest volumes of whole fresh milk consumption in 2021 were India, the United States and Pakistan, together accounting for 39% of global consumption.

What are the largest producers of whole fresh milk in the world?

The countries with the highest volumes of whole fresh milk production in 2021 were India, the United States and Pakistan, with a combined 39% share of global production.

What are the leading suppliers of whole fresh milk to Saudi Arabia?

In value terms, New Zealand constituted the largest supplier of whole fresh milk to Saudi Arabia, comprising 93% of total imports. The second position in the ranking was occupied by Oman, with a 3.3% share of total imports.

What are the leading importers of whole fresh milk from Saudi Arabia?

In value terms, the United Arab Emirates emerged as the key foreign market for whole fresh milk exports from Saudi Arabia, comprising 67% of total exports. The second position in the ranking was occupied by Bahrain, with a 17% share of total exports.

What is the average export price for whole fresh milk in Saudi Arabia?

The average whole fresh milk export price stood at $804 per ton in 2021, increasing by 1.8% against the previous year.

What is the average import price for whole fresh milk in Saudi Arabia?

The average whole fresh milk import price stood at $2,270 per ton in 2016, shrinking by -36.2% against the previous year.

This report provides an in-depth analysis of the whole fresh milk 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 1130 - Camel milk
FCL 882 - Cow milk, whole (fresh)
FCL 1020 - Goat milk
FCL 982 - Sheep milk
FCL 951 - Buffalo milk

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023