Monday, November 14, 2011

Gulf food imports to double by 2020 as population rises

Food imports by the Gulf countries will double by 2020 to meet demand by residents enjoying higher levels of income. According to Economist Intelligence Unit figures released in June, by the close of the next decade, the region will see food imports climb to $53.1 billion, a spike of 105 percent from last year?s $25.8 billion in regional imports.

Numbers released in advance of the SIAL Middle East 2011 food fair also predict that the UAE?s growing population will boost food consumption by 5.4 percent annually from 7.8 million tonnes in 2011 to 9.7 million tonnes in 2015
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Source: http://www.albawaba.com/gulf-food-imports-double-2020-population-rises-400515

Oscars Niclas Alexandersson Mark Bright Robert Schumann Dorset Internet

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