Saudi Arabia - Dates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDate Price in Saudi Arabia - 2021
Contents:
- Date Price in Saudi Arabia (FOB) - 2022
- Date Price in Saudi Arabia (CIF) - 2022
- Date Exports in Saudi Arabia
- Date Imports in Saudi Arabia
Date Price in Saudi Arabia (FOB) - 2022
In 2022, the average date export price amounted to $1,144 per ton, increasing by 12% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. The export price peaked at $1,274 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($2,500 per ton), while the average price for exports to Egypt ($571 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 Morocco (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Date Price in Saudi Arabia (CIF) - 2022
In 2022, the average date import price amounted to $3,639 per ton, picking up by 47% against the previous year. In general, the import price recorded a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by 118%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Palestine ($3,738 per ton), while the price for Jordan stood at $1,635 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.0%), while the prices for the other major suppliers experienced a decline.
Date Exports in Saudi Arabia
In 2022, overseas shipments of dates decreased by -16.2% to 267K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 318K tons, and then dropped rapidly in the following year.
In value terms, date exports contracted to $305M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $325M, and then reduced in the following year.
Export of Date in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 65.8 | 55.6 | 63.3 | 63.6 | -1.1% |
Yemen | 22.3 | 23.0 | 24.7 | 24.8 | 3.6% |
Kuwait | 25.6 | 25.9 | 15.7 | 17.7 | -11.6% |
Morocco | 6.8 | 15.3 | 13.1 | 13.2 | 24.7% |
Indonesia | 4.7 | 8.9 | 12.9 | 12.9 | 40.0% |
Jordan | 10.5 | 10.0 | 10.5 | 10.6 | 0.3% |
Turkey | 13.5 | 12.8 | 9.8 | 9.8 | -10.1% |
India | 6.3 | 7.6 | 9.2 | 9.3 | 13.9% |
Oman | 11.3 | 12.3 | 9.2 | 9.2 | -6.6% |
Bangladesh | 1.3 | 4.7 | 6.8 | 6.8 | 73.6% |
Somalia | 6.2 | 8.4 | 4.8 | 5.1 | -6.3% |
Egypt | 3.0 | 3.0 | 3.4 | 3.4 | 4.3% |
Djibouti | 1.5 | 1.8 | 3.4 | 3.4 | 31.4% |
Others | 51.2 | 58.0 | 138 | 115 | 31.0% |
Total | 230 | 247 | 325 | 305 | 9.9% |
Top Export Markets for Date from Saudi Arabia in 2022:
- United Arab Emirates (48.4K tons)
- Yemen (43.4K tons)
- Kuwait (12.0K tons)
- Indonesia (10.1K tons)
- Bangladesh (9.2K tons)
- India (8.1K tons)
- Oman (7.4K tons)
- Turkey (7.3K tons)
- Jordan (7.3K tons)
- Somalia (6.9K tons)
- Egypt (5.9K tons)
- Morocco (5.3K tons)
- Djibouti (4.1K tons)
Date Imports in Saudi Arabia
Date imports into Saudi Arabia fell dramatically to 319 tons in 2022, with a decrease of -92.1% on the year before. Overall, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of 4K tons, and then fell significantly in the following year.
In value terms, date imports reduced sharply to $1.2M in 2022. Over the period under review, imports showed a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, imports attained the peak of $10M, and then shrank dramatically in the following year.
Import of Date in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Palestine | 6.1 | 2.5 | 4.9 | 3.3 | -18.5% |
Jordan | 2.9 | 3.1 | 4.9 | 3.3 | 4.4% |
Others | -2.8 | 0.1 | 0.2 | -5.5 | 25.2% |
Total | 6.2 | 5.7 | 10.0 | 1.2 | -42.2% |
Top Suppliers of Date to Saudi Arabia in 2022:
- Jordan (2.0K tons)
- Palestine (0.9K tons)
This report provides an in-depth analysis of the date 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 577 - Dates
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Dates produced in Saudi Arabia are considered to be among the best dates in the world. The date palm tree is even present at Saudi Arabia's coat of arms. From 2007 to 2013, Saudi Arabia exports of dates grew by X% per year, amounting to X millio
The countries with the highest volumes of date consumption in 2018 were Egypt (1.6M tons), Algeria (1.1M tons) and Iran (1M tons), together accounting for 44% of global consumption.
Global date consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global date exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global date imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
In 2015, the countries with the highest levels of date production were Egypt (X thousand tons), Iran (X thousand tons), Algeria (X thousand tons), together accounting for X% of total output.
The global dates market showed modest, but steady growth, rising from X thousand tons in 2007, to X thousand tons in 2015. In value terms, it peaked in 2010, and then fell dramatically over the next two years.
Israel dominates in the global date trade. In 2014, Israel exported X thousand tons of dates totaling X million USD, X% over the previous year. Its primary trading partner was the Netherlands, where it supplied X% of its total date exports in va
The dates market in Saudi Arabia has shown mixed dynamics in the last few years. The significant growth from 2007-2011 (CAGR +X) was followed by a decline in 2012-2013 (-X>
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