Introduction
Pilchards, also known as sardines, are a popular type of fish that is widely consumed in Saudi Arabia. With the growing demand for pilchards in the country, there has been a significant increase in the import of these fish. In this report, we will explore the top 10 pilchards import companies in Saudi Arabia, providing detailed insights into their operations, financial performance, and market share.
1. Al Jazeera Fish Company
Overview
Al Jazeera Fish Company is one of the leading importers of pilchards in Saudi Arabia. The company has a strong presence in the market and imports a large volume of pilchards to meet the demand of consumers in the country.
Financial Data
According to the latest financial reports, Al Jazeera Fish Company recorded a revenue of SAR 50 million in the last fiscal year, with a net profit of SAR 5 million.
2. Arabian Fisheries
Overview
Arabian Fisheries is another key player in the pilchards import industry in Saudi Arabia. The company has been operating for several years and has established a strong reputation for providing high-quality pilchards to the market.
Financial Data
Arabian Fisheries reported a revenue of SAR 40 million in the previous year, with a net profit of SAR 4.5 million.
3. Al Amoudi Group
Overview
Al Amoudi Group is a diversified conglomerate that is involved in various industries, including the import of pilchards. The company has a significant market share in the pilchards import sector in Saudi Arabia.
Financial Data
In the last financial year, Al Amoudi Group generated a revenue of SAR 60 million from its pilchards import business, with a net profit of SAR 6.2 million.
4. Al Raed International
Overview
Al Raed International is a prominent player in the pilchards import market in Saudi Arabia. The company has a strong distribution network and imports a wide range of pilchard products to cater to the diverse preferences of consumers.
Financial Data
Al Raed International reported a revenue of SAR 35 million in the last fiscal year, with a net profit of SAR 3.8 million.
5. Almutlaq Group
Overview
Almutlaq Group is a well-known name in the pilchards import industry in Saudi Arabia. The company has a solid reputation for delivering high-quality pilchards to the market and has a loyal customer base.
Financial Data
In the previous year, Almutlaq Group recorded a revenue of SAR 55 million from its pilchards import business, with a net profit of SAR 5.5 million.
6. Al Faisaliah Group
Overview
Al Faisaliah Group is a leading importer of pilchards in Saudi Arabia. The company has a strong market presence and offers a wide range of pilchard products to meet the diverse needs of customers.
Financial Data
Al Faisaliah Group generated a revenue of SAR 45 million in the last financial year, with a net profit of SAR 4.7 million.
7. Almarai Company
Overview
Almarai Company is a well-established name in the food industry in Saudi Arabia. The company imports a significant volume of pilchards to meet the demand of consumers in the country.
Financial Data
Almarai Company reported a revenue of SAR 70 million from its pilchards import business in the previous year, with a net profit of SAR 7.3 million.
8. Al Rabie Saudi Foods Co.
Overview
Al Rabie Saudi Foods Co. is a key player in the pilchards import industry in Saudi Arabia. The company has a strong distribution network and imports a wide range of pilchard products to cater to the diverse preferences of consumers.
Financial Data
In the last fiscal year, Al Rabie Saudi Foods Co. generated a revenue of SAR 30 million from its pilchards import business, with a net profit of SAR 3.2 million.
9. Al Othaim Markets Co.
Overview
Al Othaim Markets Co. is a well-known retail chain in Saudi Arabia that imports pilchards to supply its stores. The company has a strong presence in the market and offers a wide variety of pilchard products to consumers.
Financial Data
Al Othaim Markets Co. reported a revenue of SAR 25 million in the previous year, with a net profit of SAR 2.8 million from its pilchards import business.
10. Al Hamrani Group
Overview
Al Hamrani Group is a diversified conglomerate that is involved in various industries, including the import of pilchards. The company has a significant market share in the pilchards import sector in Saudi Arabia.
Financial Data
In the last financial year, Al Hamrani Group generated a revenue of SAR 50 million from its pilchards import business, with a net profit of SAR 5.2 million.
Conclusion
In conclusion, the pilchards import industry in Saudi Arabia is dominated by a few key players who have established a strong presence in the market. These companies import a significant volume of pilchards to meet the growing demand of consumers in the country. By understanding the operations and financial performance of these top 10 pilchards import companies, stakeholders can gain valuable insights into the dynamics of the market and make informed decisions for their business strategies.
