For the primary half of 2024, poultry meat manufacturing in Saudi Arabia reached 558,000 metric tons (mt).
It is a report stage for the nation, and quantities to a year-on-year enhance of 9%, in accordance with the Saudi Press Company (SPA).
These figures had been not too long ago printed by the Ministry of the Atmosphere, Water, and Agriculture. Driving this spectacular growth had been the implementation of efficient biosecurity processes for the nation’s poultry farms, and the implementation of state-of-the-art know-how in manufacturing processes.
To this finish, the Agricultural Growth Fund is providing monetary help as much as 70% for initiatives that make use of trendy know-how to help the growth of the poultry trade in Saudi Arabia.
As a part of nation’s ongoing Imaginative and prescient 2023, the Ministry had beforehand set the objective for Saudi Arabia to be self-sufficient in poultry meat. This goal goals not just for the sector to contribute to total nationwide meals safety, but additionally to increase the contribution of home manufacturing to all items consumed within the Kingdom, and to broaden job alternatives.
In line with an SPA report earlier this month, the Ministry not too long ago hosted a workshop in Riyadh for the nation’s pigeon farmers.
On the occasion, improved strategies of manufacturing and new methods had been introduced to contributors. Additionally a part of the nation’s total imaginative and prescient of better meals self-sufficiency by way of sustainable agriculture, the Ministry goals to help the growth of home output to 16 million birds or 12,000mt of pigeon meat per 12 months.
Newest figures from the statistics arm of the United Nations’ Meals and Agriculture Group, FAOstat put rooster meat manufacturing by Saudi Arabia at 1.13 million metric tons. This was for 2022, the latest 12 months for which knowledge have been printed. Moreover, home shell egg output by Saudi Arabia amounted to 375,000mt, and pigeon meat manufacturing was near 96mt.
Different current developments within the Saudi poultry trade
One of many Kingdom’s main poultry corporations has been granted approval by the market regulator to record its shares available on the market.
For the Arabian Firm for Agricultural and Industrial Funding (Entaj), the preliminary public providing (IPO) will quantity to 9 million shares, reported Arabian Gulf Enterprise Perception. This may quantity to 30% of the whole issued share capital.
Based mostly in Riyadh, Entaj is a subsidiary of Arabian Agricultural Providers Firm. As the results of an growth challenge accomplished earlier this 12 months, Entaj’s annual manufacturing has elevated to 185 million birds, in accordance with this supply.
Round one month in the past, the Saudi Agricultural and Livestock Funding Firm (SALIC) acquired greater than 13 million shares in MHP, the Ukraine-based agri-food firm. SALIC is a wholly owned subsidiary of the Public Funding Fund of the Kingdom of Saudi Arabia.
Within the egg sector, two Saudi Arabia-based corporations have signed an settlement to supply egg powder within the Kingdom.
In line with SPA, the companions are Saudi-based worldwide dairy firm Almarai, and egg producers Algharbia Farms.
There may be rising demand for high-quality, value-added egg merchandise within the nation. Moreover, egg powder affords the opportunity of an extended shelf life than shell eggs, with out the necessity for refrigeration.
As with the opposite initiatives introduced not too long ago by the Ministry, the events will use trendy know-how, innovation and strategic funding to diversify the nation’s economic system, and enhance home manufacturing.
Developing subsequent week is the Saudi Agricultural Exhibition 2024.
Held on the Riyadh Worldwide Conference and Exhibition Heart on October 21-24, the occasion has attracted participation from 28 international locations in addition to 370 Saudi agricultural corporations. As much as 20,000 guests are anticipated on the present, which is organized by the Ministry of Atmosphere, Water, and Agriculture.
