Saudi Arabia Fruits and Vegetables Market - Analysis of consumption and production trends of Fruits and Vegetables (2018 - 2023)

  • ID: 4472811
  • Report
  • Region: Saudi Arabia
  • 90 pages
  • Mordor Intelligence
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until Dec 31st 2018
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The Saudi Arabian fruits market is expected to register a CAGR of 3.7% while the vegetables market in Saudi Arabia is expected to witness a CAGR of 3.3% during the forecast period. Dates and watermelons are the most widely produced fruits while potatoes and tomatoes are the most widely produced vegetables in Saudi Arabia. With regards to fruit, the main import sources were some countries in the region, including Egypt, Turkey, India, and also China, Chile and the US. For fresh vegetables, the primary import sources were Egypt, Jordan, the Netherlands, China, India and the US.

LACK OF DOMESTIC PRODUCTION DUE TO SCARCE WATER RESOURCES

The conditions in Saudi Arabia are unfavorable for the cultivation of most fruits and vegetables, with only 1.67% of arable land in the total land available. Saudi Arabia has the highest production of fruits and vegetables among all the GCC countries. The country was the largest producer in the GCC region, due to its favorable government policies for domestic production of fruits and vegetables. Due to the growing consumption of fruits and vegetables, Saudi Arabia tried to boost its agricultural output by increasing productivity so that nation could be self-sufficient. The country could not continue with this level of production due to the scarcity of water resources. This again increased the GCC countries’ reliance on import of fruits and vegetables. Due to the scarcity of water, the GCC countries’ domestic production can never satisfy its domestic consumption. To avoid complete reliance on fruits and vegetable imports the Saudi government has formulated policies that encourage farmers to grow crops that require low water, over crops that consume more water.

Agriculture accounts for 85% of the water consumption in the country. Most of the water utilised for the cultivation of fruits and vegetables is drawn from ground water resources and desalination plants. Water from these plants is highly subsidized; hence, the government plans to diversify the type of crops grown in the region to those that consume less water.

INVESTING IN FARM LAND ABROAD; A GOVERNMENT INITIATIVE

The Saudi government is encouraging agricultural companies to invest in foreign countries that have comparative advantage in producing certain crops and re-export their products back to Saudi Arabia. The crops targeted by this initiative include wheat, rice, barley, yellow corn, soybeans, and green forage. The Saudi government is providing financial incentives to encourage Saudi investors to take part in this food security initiative and invest overseas.

Key Developments in the Market

Saudi Arabia is facing a tough time in regulating its economy and hence, it is regularly imposing ban on import of various fruits and vegetables to, both ensure economic stability as well as to cater to domestic food security requirements.
  • June 2017: Saudi Arabia banned imports of Egyptian strawberries due to concern over pesticide residues.
  • June 2017: Lulu Hypermarkets, a leading retail market chain in Saudi Arabia, imported 65 tons of vegetables and banana of different varieties in a chartered flight from India, to increase the availability of agriculture produce in local markets.
Major Key Players: DELMONTE, UNIFRUTTI, MOHAMMED ABDALLAH SHARBATLY

Reasons to Purchase this Report
  • Analysis of trend and forecast of Saudi Arabia fruits and vegetables market
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • Analysis of major factors which are impacting the Saudi Arabia fruits and vegetables market
  • Regional analysis of the market
  • Competitive analysis complete with market strategies adopted by the leading market players
  • 3 months analyst support along with the Market Estimate sheet in excel. Customization of the Report
  • Countries of client’s interest can be included in report based on feasibility of report.
  • Companies of client’s interest can be included in report based on feasibility of report.
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1. Introduction
1.1 Market Definition
1.2 Key Findings of the Study

2. Research Scope and Methodology
2.1 Study Deliverables
2.2 Market Segmentation
2.3 Study Assumptions
2.4 Research Design

3. Market Dynamics
3.1 Drivers
3.2 Restraints

4. Industry Analysis
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitute Products
4.1.5 Degree of Competition

5. Market Segmentation
5.1 Vegetables
5.1.1 Market Size (USD Million)
5.1.2 Domestic Production Overview
5.1.3 Domestic Consumption Overview
5.1.4 Import Value & Volume
5.1.5 Export Value & Volume
5.2 Fruits
5.2.1 Market Size (USD Million)
5.2.2 Domestic Production Overview
5.2.3 Domestic Consumption Overview
5.2.4 Import Value & Volume
5.2.5 Export Value & Volume

6. Prices & Trade
6.1 Onion
6.1.1 Prices
6.1.2 International Trade
6.2 Potato
6.2.1 Prices
6.2.2 International Trade
6.3 Tomato
6.3.1 Prices
6.3.2 International Trade
6.4 Garlic
6.4.1 Prices
6.4.2 International Trade
6.5 Cauliflower
6.5.1 Prices
6.5.2 International Trade
6.6 Beans
6.6.1 Prices
6.6.2 International Trade
6.7 Eggplant
6.7.1 Prices
6.7.2 International Trade
6.8 Lemons
6.8.1 Prices
6.8.2 International Trade
6.9 Apples
6.9.1 Prices
6.9.2 International Trade
6.10 Bananas
6.10.1 Prices
6.10.2 International Trade
6.11 Grapefruit
6.11.1 Prices
6.11.2 International Trade
6.12 Grapes
6.12.1 Prices
6.12.2 International Trade
6.13 Strawberry
6.13.1 Prices
6.13.2 International Trade
6.14 Watermelon
6.14.1 Prices
6.14.2 International Trade
6.15 Dates
6.15.1 Prices
6.15.2 International Trade
6.16 Olives
6.16.1 Prices
6.16.2 International Trade

7. Regional Analysis
7.1 PESTLE Analysis
7.2 Supply Chain Analysis
7.3 Government Policies

8. Competitive Analysis
8.1 Distribution Network & Retail Analysis
8.2 List/Profile of Key Players
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  • Delmonte
  • Unifrutti
  • Mohammed Abdallah Sharbatly.
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