With production value of USD611 million, Saudi Arabia accounts for 4.1% of the Middle East and North Africa total in 2023. The industry’s exports share decreases in 2023 to 34.3% of total production output. The industry’s profitability decreases and stands at 29.0% of production value in 2023, the ninth highest regionally. The costs of the industry increase by 0.6% in 2023, largely driven by rising B2B costs. The total number of companies increases in 2023, to 1,257 units. The industry is concentrated, with the top five companies generating 93.2% of total production value in 2023. Al Rabie Saudi Foods Co Ltd is the largest company in Saudi Arabia, generating 30.6% of the industry’s total production value in 2023. Saudi Arabia has the third largest market size for vegetable, potato and fruit products regionally, with demand reaching USD2.2 billion in 2023. Households drive market demand, with household spending representing 90.5% of total demand in 2023. The market is dominated by foreign suppliers, as imports account for 76.7% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Vegetable, Potato and Fruit Products in Saudi Arabia: ISIC 1513. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable, Potato and Fruit Products in Saudi Arabia: ISIC 1513 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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