Saudi Arabia Agribusiness Report Q1 2012

Executive Summary ...................... 5
Key Forecasts ......... 5
Industry Developments ................................. 5
SWOT Analysis .............................. 7
Saudi Arabia Agricultural SWOT ................. 7
Saudi Arabia Political SWOT ....................... 8
Saudi Arabia Economic SWOT ..................... 8
Saudi Arabia Business Environment SWOT ........................................ 9
Supply Demand Analysis ............ 10
Saudi Arabia Livestock Outlook ....................... 10
Saudi Arabia Poultry Production & Consumption ............................ 11
Saudi Arabia Poultry Production & Consumption ............................ 13
Saudi Arabia Grains Outlook........................... 14
Saudi Arabia Rice Consumption ................. 14
Saudi Arabia Wheat Production & Consumption ............................. 15
Saudi Arabia Corn Production & Consumption ............................... 15
Saudi Arabia Barley Consumption .............. 15
Saudi Arabia Rice Consumption ................. 18
Saudi Arabia Wheat Production & Consumption ............................. 18
Saudi Arabia Corn Production & Consumption ............................... 18
Saudi Arabia Barley Consumption .............. 19
Saudi Arabia Dairy Outlook ....................... 20
Saudi Arabia Milk Production & Consumption ................................ 20
Saudi Arabia Butter Production & Consumption .............................. 21
Saudi Arabia Cheese Consumption ............. 21
Saudi Arabia Whole Milk Powder Consumption ............................... 21
Saudi Arabia Milk Production & Consumption ................................ 23
Saudi Arabia Butter Production & Consumption .............................. 23
Saudi Arabia Cheese Consumption ............. 23
Saudi Arabia Whole Milk Powder Consumption ............................... 24
Commodity Price Analysis .......... 25
Monthly Softs Update ....................................... 25
Cocoa.................... 25
Coffee.................... 26
Palm Oil ............... 27
Sugar .................... 28
Monthly Grains Update ................................... 29
Corn ...................... 29
Rice ....................... 30
Soybean ................ 31
Wheat .................... 32
Industry Forecast Scenario ......... 33
Food........................... 33
Consumer Outlook ...................................... 33
Food........................... 35
Table: Food Consumption Indicators -- Historical Data & Forecasts .................................... 36
Table: Frozen Fish ..................................... 36
Table: Preserved Fish ................................. 38
Confectionery........ 39
Table: Confectionery Sales -- Historical Data & Forecasts ............. 39
Mass Grocery Retail ........................................ 40
Table: Mass Grocery Retail Sales Indicators -- Historical Sales & Forecasts ........................ 41
Table: Grocery Retail Sales By Format ...... 42
Trade ......................... 42
Table: Food, Drink & Tobacco Trade Indicators (US$mn) -- Historical Data & Forecasts ... 42
Growth Outlook Remains Positive .............. 43
Macroeconomic Forecast ............ 47
Saudi Arabia - Economic Activity ............... 49
Global Food & Drink View ........... 50
Food & Drink Roundup: Core Views .......... 50
Food Prices Forecast To Fall By Year-End But Still Higher Than 2010 ................................. 52
Core Views ............ 57
BMI Forecast Modelling .............. 58
How We Generate Our Industry Forecasts ...... 58