Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia - 2022
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (CIF) - 2022
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,035 per ton in 2022, declining by -5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 an increase of 15%. Over the period under review, average import prices attained the peak figure at $1,099 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Jordan ($1,517 per ton), while the price for Italy ($838 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (FOB) - 2022
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,521 per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum at $1,803 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,716 per ton), while the average price for exports to Jordan ($1,087 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 (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia
In 2022, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Saudi Arabia was estimated at 103K tons, picking up by 7.7% on the previous year. Over the period under review, imports, however, recorded a slight decrease.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid expanded to $106M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 3.3% against the previous year. As a result, imports attained the peak of $108M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.1 | 31.0 | 26.3 | 26.4 | -0.9% |
| Italy | 18.6 | 20.3 | 19.4 | 18.5 | -0.2% |
| United Arab Emirates | 14.7 | 12.4 | 18.5 | 17.6 | 6.2% |
| Turkey | 13.3 | 9.0 | N/A | 10.4 | -7.9% |
| Chile | 5.5 | 5.8 | 7.1 | 6.8 | 7.3% |
| Spain | 4.2 | 5.6 | 7.1 | 6.7 | 16.8% |
| Portugal | 5.7 | 6.8 | 2.9 | 4.8 | -5.6% |
| Others | 15.4 | 17.1 | 23.3 | 15.1 | -0.7% |
| Total | 105 | 108 | 105 | 106 | 0.3% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Saudi Arabia in 2022:
- China (29.7K tons)
- Italy (22.1K tons)
- United Arab Emirates (15.4K tons)
- Turkey (9.3K tons)
- Chile (5.6K tons)
- Portugal (5.2K tons)
- Spain (4.9K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia
In 2022, the amount of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid exported from Saudi Arabia expanded remarkably to 9.7K tons, picking up by 13% compared with 2021 figures. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid rose sharply to $15M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55%. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 4.3 | 3.1 | 2.8 | 3.7 | -4.9% |
| Bahrain | 2.3 | 2.9 | 2.8 | 3.0 | 9.3% |
| United Arab Emirates | 1.8 | 3.8 | 2.8 | 3.0 | 18.6% |
| Iraq | 0.9 | 4.3 | 1.2 | 2.2 | 34.7% |
| Yemen | 0.1 | 0.7 | 1.2 | 1.3 | 135.1% |
| Kuwait | 0.5 | 0.8 | 0.5 | 0.7 | 11.9% |
| Djibouti | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Others | 0.1 | 0.5 | 1.4 | 0.3 | 44.2% |
| Total | 10.6 | 16.4 | 13.2 | 14.8 | 11.8% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Saudi Arabia in 2022:
- Jordan (3.4K tons)
- Bahrain (1.7K tons)
- Iraq (1.7K tons)
- United Arab Emirates (1.1K tons)
- Yemen (0.8K tons)
- Djibouti (0.5K tons)
- Kuwait (0.4K tons)
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This report provides an in-depth analysis of the global tomato puree market.
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This report provides an in-depth analysis of the preserved tomato market in Saudi Arabia.
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This report provides an in-depth analysis of the tomato puree market in Saudi Arabia.
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This report provides an in-depth analysis of the global preserved tomato market.
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This report provides an in-depth analysis of the global tomato puree market.
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