Earlier Report Observations
The groundnut oil-cake market in Saudi Arabia began the period with stable production of around 2 200 t in 2018, supported by the introduction of advanced peanut oil pressing machines that improved efficiency. Production edged up to 2 245 t in 2019 as interest grew in high-performance production lines. However, the COVID-19 pandemic disrupted global supply chains in 2020, leading to a 20% decline in output to 1 802 t.
Production recovered to 1 916 t in 2021 with the entry of new players investing in peanut oil plants and government support for the vegetable oil sector. The following year, tighter food safety and quality regulations forced producers to adapt, temporarily reducing production by 31% to 1 326 t. By 2023, after adjusting to the new standards and benefiting from earlier investments, output surged by 64% to reach 2 173 t.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Saudi Arabia
- 5.1.1. Annual dynamics of production in Saudi Arabia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Saudi Arabia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Saudi Arabia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Saudi Arabia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Saudi Arabia by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Saudi Arabia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Saudi Arabia by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Saudi Arabia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Saudi Arabia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Saudi Arabia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Saudi Arabia by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Saudi Arabia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Saudi Arabia by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Saudi Arabia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Saudi Arabia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Saudi Arabia in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Saudi Arabia by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Saudi Arabia in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Saudi Arabia by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Saudi Arabia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Saudi Arabia by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Saudi Arabia in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Saudi Arabia by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Saudi Arabia in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Saudi Arabia by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Saudi Arabia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Saudi Arabia by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production groundnutoil-cake in Saudi Arabia
In kind, 2017-2020, t
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
In 2020, Saudi Arabia produced 1,802 tons of groundnut oil-cake, marking a significant decline of 19.7% compared to 2019. Looking at the broader period from 2017 to 2020, production fell by 28%, which translates to an average annual decrease of 10.4%. The only year that saw an increase was 2019, with production rising by 2.0%.
Annual dynamics of production in Saudi Arabia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.1%) | 2.0% | (19.7%) | (10.4%) |
Exports groundnutoil-cake from Saudi Arabia
Exports in kind, kg
Annual dynamics of product's exports from Saudi Arabia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Structure of product's exports in kind by countries, 2017-2020
Exports in value, $ US
Annual dynamics of product's exports from Saudi Arabia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Saudi Arabia's exports of groundnut oil-cake in value terms were entirely dependent on a single market: Germany accounted for 100.0% of total exports during this period.
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 groundnutoil-cake to Saudi Arabia
Imports in kind, kg
The import volume of groundnut oil-cake into Saudi Arabia showed notable fluctuations between 2017 and 2020. Imports reached their lowest point in 2019, while the highest volume was recorded in 2018, with a {ampRatio}-fold difference between these two years. In 2020, deliveries amounted to 934 kg.
Annual dynamics of product's imports to Saudi Arabia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, the United States, South Africa, and Turkey were the primary sources for Saudi Arabia's imports of groundnut oil-cake in volume terms. The United States accounted for 38.4% of imports, South Africa for 34.0%, and Turkey for 25.7%. Together, these three countries represented 98.1% 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, $ US
Saudi Arabia's imports of groundnut oil-cake in value terms declined for the second year in a row in 2020. The total import value for that year was {value_last_year} US dollars, reflecting a sharp reduction of 91.8% from 2019. Over the three-year period from 2018 to 2020, imports dropped by 97.3%, with a compound annual growth rate (CAGR) of -70.1%.
Annual dynamics of product's imports to Saudi Arabia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (67.6%) | (91.8%) | - |
From 2017 to 2020, the United States, South Africa, and Turkey remained the leading suppliers of groundnut oil-cake to Saudi Arabia in value terms. The United States held a 53.6% share of imports, South Africa accounted for 25.7%, and Turkey made up 19.4%. Collectively, these three countries represented 98.7% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Saudi Arabia in value, 2017-2020
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