Saudi Arabia: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   SA2024-0003
With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector. Low international barley prices are projected to increase barley demand in 2024/25 as long as the local price is competitive. Meanwhile, total Saudi corn imports for MY 2024/25 are expected to reach 4.5 MMT, an increase of nearly 29 percent, due to numerous expansion projects underway in Saudi Arabia’s poultry sector. Domestic wheat production is expected to significantly increase this year as Saudi Arabia focuses more on food security.

Related Reports

Attaché Report (GAIN)

United Kingdom: Sustainable Aviation Fuel in the UK

As part of a broad push towards reducing carbon emissions in the aviation sector, the newly elected Labour government is seeking to bolster the United Kingdom’s (UK) Sustainable Aviation Fuel (SAF) industry, which builds on initiatives and policies...
On October 30, the Department for Business and Trade (DBT) extended over 220 voluntary tariff suspensions announced following the 2021 and 2023 application periods, through June 30, 2026. The announcement synchronizes multiple expiration periods...
The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.