Sugar Market Overview in Saudi Arabia
The value of the sugar market in Saudi Arabia reached $ in 2019, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw mild growth. The growth pace was the most rapid in 2016 with an increase of % y-o-y. Over the period under review, the market reached the maximum level at $ in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.