Saudi Arabia: Vegetable Market 2024

Vegetable Market Size in Saudi Arabia

The Saudi vegetable market soared to $X in 2023, growing by X% against the previous year. Over the period under review, consumption continues to indicate a tangible increase. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Vegetable Production in Saudi Arabia

In value terms, vegetable production dropped to $X in 2023 estimated in export price. Overall, production, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2023.

In 2023, the average vegetable yield in Saudi Arabia declined slightly to X tons per ha, waning by X% compared with 2022. Overall, the yield indicated slight growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, vegetable yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2023, the growth of the average vegetable yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the vegetable harvested area in Saudi Arabia fell modestly to X ha, which is down by X% on 2022 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to vegetable production reached the maximum at X ha in 2022, and then fell slightly in the following year.

Vegetable Exports

Exports from Saudi Arabia

For the eighth consecutive year, Saudi Arabia recorded decline in shipments abroad of vegetables, which decreased by X% to X tons in 2023. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, vegetable exports totaled $X in 2023. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Kuwait (X tons), Germany (X tons) and Bahrain (X tons) were the main destinations of vegetable exports from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Bahrain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Germany ($X) and Bahrain ($X) constituted the largest markets for vegetable exported from Saudi Arabia worldwide, with a combined X% share of total exports.

Bahrain, with a CAGR of X%, 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 2023, the average vegetable export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into Saudi Arabia

Vegetable imports into Saudi Arabia stood at X tons in 2023, therefore, remained relatively stable against the previous year. In general, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, vegetable imports totaled $X in 2023. Overall, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Jordan (X tons), Egypt (X tons) and Syrian Arab Republic (X tons) were the main suppliers of vegetable imports to Saudi Arabia, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Jordan ($X), Egypt ($X) and the United Arab Emirates ($X) constituted the largest vegetable suppliers to Saudi Arabia, together accounting for X% of total imports.

Jordan, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

The average vegetable import price stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform