Concentrated or sweetened milk and cream market in Saudi Arabia

Earlier Report Observations

The market for concentrated or sweetened milk and cream in Saudi Arabia showed considerable growth from 2018 to 2023, with volume increasing from 510.2 thousand tons to 853.5 thousand tons. This upward trend was not linear, as the market experienced notable fluctuations across the period.

After reaching 596.0 thousand tons in 2019, market volume declined to 466.7 thousand tons in 2020. A recovery followed over the next two years, bringing volume to 547.3 thousand tons in 2021 and 597.0 thousand tons in 2022, before a significant surge to 853.5 thousand tons in 2023.

Production concentrated or sweetened milk and cream in Saudi Arabia

In kind, 2017-2020, K t

Between 2017 and 2020, Saudi Arabia ranked 15th globally in production volume for concentrated or sweetened milk and cream, establishing itself as one of the world's leading producers during this period.

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

Saudi Arabia's production of concentrated or sweetened milk and cream grew for the third consecutive year. In 2020, the country produced 514.5 thousand tonnes, marking an 18.8% increase compared to 2019. Over the entire 2017–2020 period, production rose by 46.2%, which translates to an average annual growth rate of 13.5%.

Annual dynamics of production in Saudi Arabia in kind, 2017-2020, K t

Exports concentrated or sweetened milk and cream from Saudi Arabia

Exports in kind, K t

The export market showed an unstable trend throughout the period. The lowest export volume was recorded in 2018 at 156.5 thousand tonnes, with the largest decline that year at 48.2%. In 2020, exports surged to 366.0 thousand tonnes, representing a 124.5% increase from 2019 and the highest level during the timeframe. The peak-to-trough ratio between 2018 and 2020 was 2.3 times.

Annual dynamics of product's exports from Saudi Arabia in kind, 2017-2020, K t

From 2017 to 2020, the United Arab Emirates, Kuwait, and Bahrain were the largest buyers of concentrated or sweetened milk and cream from Saudi Arabia in volume terms. The United Arab Emirates accounted for 45.2% of exports, Kuwait for 16.0%, and Bahrain for 11.1%, together making up 72.4% of total exports.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Saudi Arabia in kind, 2017-2020

Exports in value, M $ US

Saudi Arabia's exports of concentrated or sweetened milk and cream in value terms reached 347.3 million US dollars in 2020, a strong 15.5% rise compared to 2019. The lowest value was recorded in 2019 at 300.6 million US dollars, with the largest decline that year at 7.5%. Over the 2017–2020 period, exports increased by 9.6%, equivalent to an average annual growth rate of 3.1%.

Annual dynamics of product's exports from Saudi Arabia in value, 2017-2020, M $ US

In value terms from 2017 to 2020, the United Arab Emirates, Kuwait, and Bahrain accounted for the largest share of Saudi Arabia's exports. The United Arab Emirates represented 34.2% of exports, Kuwait 16.0%, and Bahrain 12.7%, together comprising 63.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Saudi Arabia in value, 2017-2020

Imports concentrated or sweetened milk and cream to Saudi Arabia

Imports in kind, K t

After a two-year rise, Saudi Arabia's imports of concentrated or sweetened milk and cream in volume terms declined. In 2020, imports totaled 318.2 thousand tonnes, a 2.3% decrease from the previous year. The highest import volume was recorded in 2019 at 325.8 thousand tonnes, with the largest increase that year at 8.3%. Over the 2017–2020 period, imports grew by 12.8%, corresponding to a compound annual growth rate of 4.1%.

Annual dynamics of product's imports to Saudi Arabia in kind, 2017-2020, K t

From 2017 to 2020, the United Arab Emirates, New Zealand, and the Netherlands were consistently the main sources for Saudi Arabia's imports in volume terms. The United Arab Emirates accounted for 21.2% of imports, New Zealand for 19.7%, and the Netherlands for 17.8%, together representing 58.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Saudi Arabia in kind, 2017-2020

Imports in value, M $ US

Saudi Arabia's imports of concentrated or sweetened milk and cream in value terms increased for the second consecutive year. In 2020, imports amounted to 713.7 million US dollars, a 15.0% uptick compared to 2019. The lowest value was recorded in 2018 at 713.7 million US dollars, with the largest decline that year at 6.9%. Between 2017 and 2020, imports rose by 15.8%, equating to an average annual growth rate of 5.0%.

Annual dynamics of product's imports to Saudi Arabia in value, 2017-2020, M $ US

Throughout 2017–2020, the United Arab Emirates, New Zealand, and the Netherlands remained the key markets for Saudi Arabia's imports in value terms, together accounting for 62.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Saudi Arabia in value, 2017-2020