Saudi Arabia Agribusiness Industry Update Quarter 3 2012
$ 1 088
- May 2013
- by Business Monitor International
- 67
Includes 3 FREE quarterly updates
BMI View: Saudi Arabia will increasingly be dependent on global grain supply, as the country has decided
to phase out domestic grain production in a bid to preserve the country's water supply. The government has
not abandoned its strategy of self-sufficiency in poultry and has been ramping up incentives to expand
capacity production. This strategy has paid off, as the three major producers in the sector have all started
heavy investment initiatives. We believe Saudi Arabia will find sufficient grain supply from the Black Sea
region and the EU to supply its meat and food processing industry in the coming years. However, the
country will remain highly vulnerable to volatile grain and feed prices. Recent spikes in feed prices have
turned us more cautious on margins for dairy and livestock producers in the country, especially those that
import inputs from abroad.
Key Forecasts
• Wheat production growth to 2016/17: -56.3% to 487,900 tonnes. Wheat production will continue to
decrease in the coming years on the back of the government's programme to phase out production.
• Corn consumption growth to 2017: 30.5% to 2.7mn tonnes. Corn consumption will mainly be driven
by the strong growth of the poultry sector, as corn is a major feed ingredient.
• Poultry production growth to 2016/17: 50.0% to 885,000 tonnes. This spectacular growth will mainly
come from expansion of the three major poultry farms (Al-Watania, Al-Fakieh and Almarai), along
with continuous government support.
• BMI universe agribusiness market value: US$2.2bn in 2013, forecast to increase by 6.3% on average
per year between 2012 and 2017.
• 2013 real GDP growth: 4.1% year-on-year (y-o-y), down from 6.8% in 2012, projected to average
3.4% from 2012 to 2017.
• 2013 consumer price inflation: 4.5% average, same than in 2012, projected to average 4.5% from
2012 to 2017.
BMI Industry View 7
SWOT 10
Agribusiness 10
Business Environment 12
Industry Forecast 13
Livestock Outlook 13
Table: Saudi Arabia Poultry Production & Consumption, 2012-2017 14
Table: Saudi Arabia Poultry Production & Consumption, 2007-2012 18
Grains Outlook 18
Table: Saudi Arabia Barley Consumption, 2012-2017 19
Table: Saudi Arabia Corn Production & Consumption, 2012-2017 20
Table: Saudi Arabia Wheat Production & Consumption, 2012-2017 20
Table: Saudi Arabia Barley Consumption, 2007-2012 24
Table: Saudi Arabia Corn Production & Consumption, 2007-2012 24
Table: Saudi Arabia Wheat Production & Consumption, 2007-2012 24
Dairy Outlook 25
Table: Saudi Arabia Milk Production & Consumption, 2012-2017 26
Table: Saudi Arabia Cheese Consumption, 2012-2017 26
Table: Saudi Arabia Butter Production & Consumption, 2012-2017 26
Table: Saudi Arabia Milk Production & Consumption, 2007-2012 29
Table: Saudi Arabia Cheese Consumption, 2007-2012 29
Table: Saudi Arabia Butter Production & Consumption, 2007-2012 30
Commodities Price Analysis 31
Monthly Softs Update 31
Table: Select Agricultural Commodities - Performance & BMI Forecasts 41
Table: BMI Commodities Strategy 42
Monthly Grains Update 42
Table: Select Agricultural Commodities - Performance & BMI Forecasts 50
Table: BMI Commodities Strategy 51
Downstream Analysis 52
Food 52
Food Consumption 52
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017 53
Confectionery 53
Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2010-2017 54
Drink 54
Soft Drinks 54
Table: Soft Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017 56
Alcoholic Drinks 56
Hot Drinks 56
Table: Hot Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017 57
Mass Grocery Retail 57
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017 59
Table: Retail Sales By Format 59
Competitive Landscape 60
Table: Saudi Arabia - Major Agribusiness Companies 60
Demographic Forecast 61
Table: Saudi Arabia's Population By Age Group, 1990-2020 ('000) 62
Table: Saudi Arabia's Population By Age Group, 1990-2020 (% of total) 62
Table: Saudi Arabia's Key Population Ratios, 1990-2020 63
Table: Saudi Arabia's Rural And Urban Population, 1990-2020 64
Methodology 65
Dairy Farming in Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1999 To 2017
By Business Monitor International
Source: FAPRI
- Industries : Livestock
- Countries : Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1998 To 2017
By Business Monitor International
Source: FAPRI
- Industries : Livestock
- Countries : Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1999 To 2017
By Business Monitor International
Source: FAPRI, BMI
- Industries : Livestock
- Countries : Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1998 To 2017
By Business Monitor International
Source: FAPRI, BMI
- Industries : Livestock
- Countries : Saudi Arabia
Livestock in Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1998 To 2017
By Business Monitor International
Source: USDA
- Industries : Livestock
- Countries : Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1998 To 2017
By Business Monitor International
Source: USDA/BMI Calculation
- Industries : Livestock
- Countries : Saudi Arabia
- $ 250
- Industry data
- January 2013
Yearly, From 1999 To 2017
By Business Monitor International
Source: USDA/BMI Calculation
- Industries : Livestock
- Countries : Saudi Arabia