Saudi Arabia - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Saudi Arabia - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights

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Dairy Produce Price in Saudi Arabia - 2021

Contents:

  1. Dairy Produce Price in Saudi Arabia (CIF) - 2022
  2. Dairy Produce Price in Saudi Arabia (FOB) - 2022
  3. Dairy Produce Imports in Saudi Arabia
  4. Dairy Produce Exports in Saudi Arabia

Dairy Produce Price in Saudi Arabia (CIF) - 2022

The average dairy produce import price stood at $3,323 per ton in 2022, reducing by -2.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 7.1% against the previous year. As a result, import price reached the peak level of $4,134 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($4,835 per ton), while the price for Egypt ($2,204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Dairy Produce Price in Saudi Arabia (FOB) - 2022

The average dairy produce export price stood at $1,412 per ton in 2022, rising by 3.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 4.6% against the previous year. As a result, the export price attained the peak level of $1,556 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($1,879 per ton), while the average price for exports to Libya ($1,065 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 Iraq (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports in Saudi Arabia

In 2022, imports of dairy produce into Saudi Arabia expanded rapidly to 541K tons, growing by 6.5% compared with the previous year. In general, imports, however, continue to indicate a slight setback.

In value terms, dairy produce imports rose modestly to $1.8B in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 7.7% against the previous year. As a result, imports reached the peak of $1.9B. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Dairy Produce in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand3093792903322.4%
United Arab Emirates209196158198-1.8%
Denmark238234157198-5.9%
Netherlands1441561411511.6%
Bahrain60.357.014212226.5%
Germany10111593.295.1-2.0%
Poland88.910110994.92.2%
United States81.476.387.582.80.6%
France75.865.670.271.9-1.7%
Egypt56.257.860.553.8-1.4%
Ireland31.652.759.652.318.3%
Oman43.957.044.451.25.3%
Turkey70.754.3N/A50.2-10.8%
Others265310311246-2.4%
Total1,7751,9111,7241,7980.4%

Top Suppliers of Dairy Produce to Saudi Arabia in 2022:

  1. New Zealand (94.3K tons)
  2. Denmark (64.7K tons)
  3. United Arab Emirates (61.6K tons)
  4. Netherlands (58.6K tons)
  5. Germany (32.0K tons)
  6. Bahrain (25.1K tons)
  7. Egypt (24.4K tons)
  8. Poland (21.7K tons)
  9. United States (20.7K tons)
  10. France (16.6K tons)
  11. Turkey (15.0K tons)
  12. Ireland (13.8K tons)
  13. Oman (12.5K tons)

Dairy Produce Exports in Saudi Arabia

In 2022, exports of dairy produce from Saudi Arabia declined to 637K tons, with a decrease of -14.3% against the year before. In general, exports showed a abrupt downturn. The smallest decline of -5.6% was in 2020.

In value terms, dairy produce exports declined to $899M in 2022. Over the period under review, exports showed a abrupt contraction. The smallest decline of -1.6% was in 2020.

Export of Dairy Produce in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates355306273256-10.3%
Kuwait209223204192-2.8%
Oman154141118107-11.4%
Bahrain10510210998.1-2.2%
Jordan56.167.281.468.36.8%
Iraq60.089.368.964.52.4%
Yemen69.967.969.854.3-8.1%
Libya11.79.714.411.80.3%
Others74.470.374.746.3-14.6%
Total1,0941,0761,014899-6.3%

Top Export Markets for Dairy Produce from Saudi Arabia in 2022:

  1. United Arab Emirates (229.1K tons)
  2. Kuwait (117.2K tons)
  3. Bahrain (74.3K tons)
  4. Oman (63.5K tons)
  5. Jordan (49.5K tons)
  6. Iraq (39.9K tons)
  7. Yemen (28.9K tons)
  8. Libya (11.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dairy produce 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 888 - Skim Milk of Cows
  • FCL 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo milk
  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk
  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed
  • FCL 891 - Yoghurt
  • FCL 983 - Butter and Ghee of Sheep Milk
  • FCL 1022 - Butter of Goat Milk
  • FCL 952 - Butter of Buffalo Milk
  • FCL 886 - Butter of Cow Milk
  • FCL 887 - Ghee from Cow Milk
  • FCL 953 - Ghee, from Buffalo Milk
  • FCL 901 - Cheese from Whole Cow Milk
  • FCL 904 - Cheese from Skimmed Cow Milk
  • FCL 905 - Whey Cheese
  • FCL 907 - Processed Cheese
  • FCL 955 - Cheese of Buffalo Milk
  • FCL 984 - Cheese of Sheep Milk
  • FCL 1021 - Cheese of Goat Milk
  • FCL 885 - Cream, Fresh
  • FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
  • FCL 899 - Dry Buttermilk
  • FCL 892 - Yoghurt, Concentrated or Unconcent

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Dairy Produce - Saudi Arabia