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Follow on Google News | Saudi Arabia Fruits and Vegetables MarketThe Saudi Arabia fruits and vegetables market is projected to grow at a CAGR of 5.2% during the forecast period (2021-2026).
Key Market Trends Aiming for Self-Sufficiency in Vegetable Production Adverse climatic conditions such as high temperatures and prolonged dry spells have meant that Saudi Arabia is highly dependent on the imports of fresh produce such as vegetables. In aiming for self-sufficiency in vegetable production, the Saudi government has been promoting technologies such as drip irrigation and protected cultivation. According to FAOSTAT, the fruit production in Saudi Arabia was 2,223,631.0 metric ton in 2016, which has increased by 43.7% and reached 3,195,046.0 metric ton in 2019. These initiatives are expected to reduce Saudi dependence on imports and thus boost domestic production in the country. Dates Dominate Fruit and Vegetable Trade Dates are one of the most traded commodities in Saudi Arabia and the country produces one-sixth of the dates grown all over the world. Although the country is a major exporter of dates, imports are also significant and necessary to meet the domestic demand. Yemen, United Arab Emirates, Kuwait, and Turkey are the major export trade partners of Saudi dates. The region of Madina Tayyiba grows Ajwa dates, which are known for their luscious and fruity taste and fine texture. The demand for dates has been considered to be inelastic to a degree because of the fruit's prominent role in Ramadan fasting tradition and Islamic culture as a whole. Saudi traders stand to benefit from a growing international demand for dates and the exports of dates are projected to grow during the forecast period. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support For sample report please visit: https://www.statzyreports.com/ End
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