21 September 2022
How market prices have varied in Saudi Arabia.
MARKET prices for Saudi Arabia potatoes have varied across the years. Before 2019, a kilo of potatoes was going for US$1.37 in 2017 and US$0.76 in 2018.
In 2019 the export price changed to $1.01 per kilo, by 33.191%.
High return markets in 2019 for Saudi Arabia potatoes per kilogram were from exports to Lebanon, Indonesia, Qatar, Bahrain and Libya. The exports of potatoes from Saudi Arabia are classified as:
Fresh or chilled potatoes (excluding seed) (HS code 070190)
*Potatoes, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200520)
*Potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen (HS code 200410)
*Potatoes, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071010)
The total values in export for potatoes in Saudi Arabia were US$ 1,992, US$ 3,796, US$ 904 and US$ 165 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
The producer prices of potatoes have changed across major potatoes production regions in Saudi Arabia. A kilogram of Saudi Arabia Potatoes is around US $2.11 in Riyadh and Jeddah, packed and ready for export. The price in SAR currency is 0.561893.
In 2016, 2017, 2018 and 2019 the prices of potatoes in Saudi Arabia per tonne were US$ 854.94, US$ 1,368.42, US$ 760.30 and US$ 1,044.30 respectively. Total values in export for potatoes in Saudi Arabia were US$ 1,992, US$ 3,796, US$ 904 and US$ 165 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
In 2022, the approximate price range for Saudi Arabia Potatoes is between US$ 1.04 and US$ 0.76 per kilogram or between US$ 0.47 and US$ 0.34 per pound(lb).
The price in Saudi Riyal is SAR 3.92 per kg. The average price for a tonne is US$ 1044.3 in Jeddah and Riyadh.
Saudi Arabia's import price for potatoes in 2019 was US$0.97 per kg.
Source: Selina Wamucii