KSA Date Exports Jump by 14%
Kingdom of Saudi Arabia (KSA) date exports jumped by 14% to reach a value of 1.462 billion Saudi Riyals in 2023, compared to 1.280 billion Riyals in 2022. The National Center for Palms and Dates clarified that the number of countries importing Saudi dates had reached 119 by the end of last year.
Moreover, KSA date exports and their derivatives saw an increase of 152.5% since 2016. It reached 1.462 billion Riyals at the end of 2023, compared to a value of 579 million Riyals in 2016, with an annual cumulative growth rate of 12.3%.
The CEO of the center mentioned that these figures resulted from concerted efforts between Saudi date producers and exporters and governmental sectors in supporting marketing activities in target countries.
They participated in local and international exhibitions and business missions. Moreover, they facilitated export procedures, and worked in partnership with the private sector under a joint strategy, all under the umbrella of ambitious and supportive leadership.
Date Factory in KSA
Last year, Al Madinah Heritage Company (MHC), one of the companies of the Public Investment Fund specialized in dates, signed an agreement with the Saudi Authority for Industrial Cities and Technology Zones to acquire land in Medina. The land will be used to establish a specialized date factory, reported Maaal.
This was announced during the Industry and Local Content Madinah Forum. The deputy governor of Al Madinah region Prince Saud bin Khalid attended the forum.
CEO of Al Madinah Heritage Company Bandar Al-Qahtani stated that the agreement will start the company’s upcoming plan to establish a comprehensive date factory in Madinah.
“Work on constructing the factory will begin in the next three months after approving the required plans and specifications for this industry, using the latest global technologies. This will particularly develop the industry of Ajwa dates and dates in general, “added Al-Qahtani.
The Public Investment Fund launched Al Madinah Heritage Company, specialized in dates, last September, aiming to increase the value of Ajwa dates and various other dates both locally and internationally.
New competitors in this industry and new date outlets locally and internationally will cause significant growth for Ajwa dates and other Saudi dates.
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