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Saudi Arabia agribusiness reports Q1/2019 Includes 5-year forecasts to 2022
- 作者:
- Business Monitor International Ltd
- 年份:
- 2019
- 学科分类:
- F338.44
- 出版地:
- London
- 总页数:
- 54
- 语种:
- English
- 信息来源:
- BMI Research
- 摘要:
- Key View Key View: The Saudi Arabian agricultural market continues to perform in line with our forecasts as we anticipate the complete phasing out of domestic grains production to conserve national water supplies. Grains consumption will continue to remain steady out to 2022 to feed growing domestic demand for human and livestock consumption. Saudi Arabia will continue to rely on a growing number of grains imports as the deficit increases out to 2022. The government is keen to ramp up poultry production and is encouraging investments in the livestock sector along with securing further imports from a growing number of destinations. The livestock market will track upwards at a steady pace over the medium term.