Saudi Arabia: Food Service - Hotel Restaurant Institutional

  |   Attaché Report (GAIN)   |   SA2022-0014

Link to report:

Saudi Arabia: Food Service - Hotel Restaurant Institutional

U.S. exports of consumer-oriented food products to Saudi Arabia decreased four percent in 2021, compared to 2020, to approximately $535 million mainly due to shipping issues (e.g., fewer cargo ships, higher costs, etc.) throughout the year. In June 2022, the Saudi government lifted all COVID-19 restrictions allowing the food service sector to return to pre-pandemic operations while also fully reopening the country to foreign visitors. These changes significantly increased the demand for food ingredients, and Post anticipates 2022 will be a rebound year for U.S. exports. In 2021, the total value of the Saudi foodservice market was estimated at approximately $29 billion and projected to grow approximately 10 percent annually over the next few years.

Exporting
Near East, Saudi Arabia

Database Source:

Related Reports

View More
Attaché Report (GAIN)

China: Biofuels Annual

The People’s Republic of PRC (PRC) bio-based diesel (BBD) exports are expected to drop following the EU provisional antidumping duties of up to 36.4 percent on biodiesel and hydrogenation-derived renewable diesel (HDRD), though sustainable aviation fuel will provisionally be excluded from further duties.
Attaché Report (GAIN)

Thailand: Grain and Feed Update

FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 due to acreage expansion and average yield improvement, compared to MY 2023/24.
Attaché Report (GAIN)

European Union: Stone Fruit Annual

In MY 2024/25, EU production of stone fruits (peaches and nectarines, and cherries) is estimated to exceed last season's levels. Favorable conditions across many growing Member States support a production recovery, which is projected to allow for both larger exports and domestic consumption.