KSA’s food imports to rise 35% by 2020

KSA’s food imports to rise 35% by 2020
Updated 26 September 2013

KSA’s food imports to rise 35% by 2020

KSA’s food imports to rise 35% by 2020

The Kingdom’s food imports are projected to grow by 35.2 percent by 2020 compared to 16.8 percent in 2010, local media said quoting a report released by Foodex Saudi Expo.
The report said the Kingdom would remain the highest food consumer in the Gulf Cooperation Council (GCC) countries at 64 percent by 2015, followed by the United Arab Emirates (UAE) at 18.9 percent, with Bahrain coming in last at 1.5 percent.
The value of food consumption in Saudi Arabia will reach $70 billion in the next four years due to increasing population, which accounts for 70 percent of the GCC’s total population, the report said.
Based on market data, the Kingdom ranked first in the Middle East in terms of food consumption, notably raw materials such as sugar, wheat and barley, sales manager at Foodex Saudi Expo, Ahmed Rahim, was quoted as saying.
Rahim said there is fierce competition in the Saudi market with significant investments in the food sector including hotel chains and restaurants. A number of countries are scrambling to invest, notably Turkey, Britain, Spain, Italy, Japan and Indonesia, he said.
The sector is on the verge of rapid growth in the area of food and drink over the next two years, he said.


Saudi Arabia announces 5 more COVID-19 deaths

Saudi Arabia announces 5 more COVID-19 deaths
Updated 16 January 2021

Saudi Arabia announces 5 more COVID-19 deaths

Saudi Arabia announces 5 more COVID-19 deaths
  • The total number of recoveries in the Kingdom has increased to 356,541
  • A total of 6,318 people have succumbed to the virus in the Kingdom so far

LONDON: Saudi Arabia announced 5 deaths from COVID-19 and 140 new infections on Saturday.
Of the new cases, 58 were recorded in Riyadh, 28 in Makkah, 26 in the Eastern Province, 9 in Asir, 6 in Madinah, 2 in Najran and 1 in Jazan.
The total number of recoveries in the Kingdom increased to 356,541 after 159 more patients recovered from the virus.
A total of 6,318 people have succumbed to the virus in the Kingdom so far.