Margarine (solid) imports in Saudi Arabia: data, top suppliers and prices
Imports of margarine (solid) by Saudi Arabia reached $32.6 million in 2024 (17.9 thousand tonnes). Its share of world imports was 2%. That is 27% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $44.7 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $32.6M | 17.9K t |
| 2023 | $44.6M | 23.3K t |
| 2022 | $44.7M | 23.0K t |
| 2021 | $29.4M | 17.5K t |
| 2020 | $15.8M | 13.4K t |
| 2019 | $17.4M | 15.4K t |
| 2018 | $24.4M | 21.3K t |
| 2017 | $23.9M | 21.4K t |
Where Saudi Arabia imports margarine (solid) from
Most of the value came from United Arab Emirates (35%), Oman (13%), Singapore (12%). Among the main suppliers, Australia grew fastest (+124% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $11.3M | 35% |
| Oman | $4.2M | 13% |
| Singapore | $3.9M | 12% |
| Malaysia | $2.1M | 6.6% |
| Spain | $1.9M | 5.9% |
| Egypt | $1.6M | 4.9% |
| Belgium | $1.2M | 3.7% |
| Netherlands | $1.2M | 3.6% |
| Australia | $995K | 3.1% |
| Indonesia | $829K | 2.5% |
Average import price per kg
The average declared value was about $1.82 per kg, close to the world average of $1.76.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Margarine (solid) exports from Saudi Arabia
Saudi Arabia exported $3.1 million of margarine (solid) in 2024 (1.7 thousand tonnes). One buyer market dominates: Yemen accounted for 54% of the value. Among the main buyer markets, Yemen grew fastest (+355% on the year before).
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia margarine (solid) imports (HS 1517.10): companies, dates, quantities and declared values.
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1517.10: Margarine: excluding liquid margarine.
Common questions
What is the value of margarine (solid) imported by Saudi Arabia?
Saudi Arabia imported margarine (solid) worth $32.6 million in 2024, the latest year with complete public data, about 17.9 thousand tonnes. That ranks it 16th of 218 countries worldwide, with 2% of world imports. The value was down 27% on 2023.
Which countries supply margarine (solid) to Saudi Arabia?
The United Arab Emirates was the largest supplier with 35% of the value ($11.3 million), followed by Oman (13%) and Singapore (12%). The top three together account for 60%, out of 31 supplier countries in total. Australia grew fastest among the top ten, up 124% on the year.
What is the average import price of margarine (solid) per kg?
The average declared import value was about $1.82 per kg in 2024, close to the world average of $1.76 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of margarine (solid) to Saudi Arabia changed since 2017?
Imports went from $23.9 million in 2017 to $32.6 million in 2024, an increase of 37%. The peak was 2022 at $44.7 million. Over 8 years the average was $29.1 million a year.
Does Saudi Arabia also export margarine (solid)?
Yes. Saudi Arabia exported $3.1 million worth of this product in 2024, mainly to Yemen, the United Arab Emirates and Kuwait. On balance Saudi Arabia is a net importer of this product, by about $29.5 million a year.
What is the HS code for margarine (solid)?
The HS code for margarine (solid) is subheading 1517.10. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1517 page.
How can I find the companies behind this trade?
For Saudi Arabia, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
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