Saudi imports set to rise

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Tom Joyce

BY TOM JOYCE

@tomfruitnet

Saudi imports set to rise

Imports of agricultural products are forecast to rise this year in Saudi Arabia, says Business Intelligence Middle East

Saudi imports set to rise

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Saudi Arabia’s food and agricultural imports are expected to grow by 25 per cent in 2009, according to Business Intelligence Middle East. In 2008, some SR56.4bn (€10.5bn) was spent on agricultural imports.

The country currently stands as the GCC’s largest agricultural importer, with food and agricultural products accounting for around 13 per cent of total imports.

Khalid Daou, project manager of trade show Saudi Agro-Food 2009, which is due to take place this November, commented: “Saudi Arabia’s food demand is witnessing a substantial and rapid surge, as the Kingdom holds one of the world’s fastest population growth rates. In line with that, Saudi consumers have become highly demanding in terms of quality, nutritional value, price, and packaging.”

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