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Saudi Arabia Agribusiness Report Q2 2016

Saudi Arabia Agribusiness Report Q2 2016

BMI View: Saudi Arabia will increasingly be dependent on grains imports, as the country has decided tophase out domestic grains production in a bid to preserve the country's water supply. The government hasnot abandoned its strategy of self-sufficiency in poultry and has been ramping up incentives to expandproduction capacity. This strategy has paid off, as the three major producers in the sector have all startedheavy investment initiatives. We believe Saudi Arabia will find sufficient grains supply from the Black Searegion and the EU to supply its meat and food processing industry in the coming years. However, thecountry will remain highly vulnerable to volatile grains and feed prices. Recent spikes in feed prices haveturned us more cautious on margins for dairy and livestock producers in the country, especially those thatimport inputs from abroad.

Key Forecasts

Wheat production growth to 2019/20: -93.3% to 30,000 tonnes. Wheat production will be almostcompletely phased out in the coming years and Saudi Arabia will become entirely dependent on importsfor its grain needs.

Beef consumption growth to 2020: 14.7 to 236,500 tonnes. Beef consumption will not grow as fast aspoultry in the coming years, as beef meat remains more expensive than chicken. However, the expansionin GDP per capita and population will support a moderate increase in beef demand.


BMI Industry View
SWOT
Agribusiness
Industry Forecast
Grains Outlook
Table: Saudi Arabia - Grains Production And Consumption Outlook
Table: Saudi Arabia - Risks To Grains Outlook
Table: Barley Production & Consumption (Saudi Arabia 2010-2015)
Livestock Outlook
Table: Saudi Arabia - Livestock Production And Consumption Outlook
Table: Saudi Arabia - Risks To Livestock Outlook
Table: Livestock Production & Consumption (Saudi Arabia 2013-2020)
Dairy Outlook
Table: Saudi Arabia - Dairy Production And Consumption Outlook
Table: Saudi Arabia - Risks To Dairy Outlook
Table: Milk Production & Consumption (Saudi Arabia 2010-2015)
Commodities Price Analysis
Global Commodities Strategy
Table: Select Commodities - Performance And BMI Forecasts
Downstream Analysis
Food
Latest Updates
Structural Trends
Table: Food Consumption Indicators - Historical Data & Forecasts (Saudi Arabia 2012-2019)
Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts (Saudi Arabia 2012-2019)
Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts (Saudi Arabia 2012-2019)
Competitive Landscape
Table: Major Agribusiness Companies
Demographic Forecast
Demographic Outlook
Table: Population Headline Indicators (Saudi Arabia 1990-2025)
Table: Key Population Ratios (Saudi Arabia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Saudi Arabia 1990-2025)
Table: Population By Age Group (Saudi Arabia 1990-2025)
Table: Population By Age Group % (Saudi Arabia 1990-2025)
Methodology
Industry Forecast Methodology
Sector-Specific Methodology

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