
403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Saudi Arabia witnesses increase in imports from Australia
(MENAFN)One of the world’s main markets for grain, Saudi Arabia witnessed a raise in imports from Australia.
Australian barley farmers concentrated their attention on Saudi Arabia, after a recent copious harvest season.
Bloomberg quoted Andrew Whitelaw, an agricultural analyst at Thomas Elder Markets as saying that “For the first time in about five years, Australia has meaningfully broken into the Saudi market, beating usually fierce competition from other suppliers, and there are signs that sales will continue at least until the middle of the year.”
Whitelaw further stated that “We lost China, “adding “If you look at the last three tenders in a row, we got the lion’s share of most of that ... In terms of volumes to Saudi Arabia, we’re getting more than anyone else.”
To become more independent, AlRaha AlSafi Food Company in January announced the USD540 million gaining of the First Milling Company (MC-1).
Australian barley farmers concentrated their attention on Saudi Arabia, after a recent copious harvest season.
Bloomberg quoted Andrew Whitelaw, an agricultural analyst at Thomas Elder Markets as saying that “For the first time in about five years, Australia has meaningfully broken into the Saudi market, beating usually fierce competition from other suppliers, and there are signs that sales will continue at least until the middle of the year.”
Whitelaw further stated that “We lost China, “adding “If you look at the last three tenders in a row, we got the lion’s share of most of that ... In terms of volumes to Saudi Arabia, we’re getting more than anyone else.”
To become more independent, AlRaha AlSafi Food Company in January announced the USD540 million gaining of the First Milling Company (MC-1).

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Multibank Group Announces 7 Million $MBG Tokens Sold Out In Under One Hour During Initial Pre-Sale
- NEXBRIDGE And NEXPLACE Raise $8M Series A To Launch Integrated Bitcoin Capital Markets Ecosystem
- Bydfi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy
- Bitget Launches USELESSUSDT Perpetual Futures With Trading Bot Support
- Kucoin Launches Xstocks, Delivering A One-Stop Access Point To Top Global Tokenized Equities
- From Almaty To Stanford: Freedom Holding Becomes A Global Business Case Study
Comments
No comment