| Product Code: ETC385779 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cod market in Saudi Arabia highlights the country`s reliance on imported seafood to meet its diverse culinary preferences. Cod fish, known for its mild taste and flaky texture, has gained popularity in the local diet and is often consumed in various preparations. The market is marked by the import of cod to cater to domestic demand. It`s a prime example of how global food trade contributes to the availability of specific ingredients in the local market, enriching the culinary landscape of Saudi Arabia.
The Saudi Arabia cod market is influenced by the popularity of cod fish as a versatile seafood option. The demand for cod is driven by its mild flavor, firm texture, and use in various cuisines. As consumer preferences shift towards healthier food choices, the nutritional benefits of cod, such as its high protein content and omega-3 fatty acids, contribute to market growth. The availability of cod in different forms, such as fresh, frozen, and processed, further expands its consumption.
The Saudi Arabia Cod Market faces challenges due to the increasing global concern about overfishing and the sustainability of cod stocks. Balancing the demand for cod with conservation efforts, enforcing strict fishing regulations, and promoting responsible consumption are essential challenges to address. Moreover, diversifying seafood options to reduce the pressure on cod populations is also crucial.
The COVID-19 pandemic had an impact on the cod market in Saudi Arabia. Cod, a popular seafood choice, faced challenges due to disruptions in supply chains, affecting both domestic catch and imported products. Reduced consumer spending on non-essential items, including luxury seafood, impacted the demand for cod. The closure of restaurants and catering services also contributed to the decline in demand. As the economy stabilized and consumer spending patterns adjusted, the cod market experienced a gradual recovery. Online seafood retail and the reopening of food establishments played a role in the market`s resurgence.
The key players in the Saudi Arabia cod market include frozen seafood importers such as Salama Group Trading & Contracting Corporation (SGTC), Khazanah Foodstuff Est., SAB International (SAB) Holding Company Ltd., Kingdom Star Fishing Company (KSFC) and other small scale traders across the country.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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