Saudi Minister of Agriculture Dr. Fahd Bin Abdul Rahman Balghunaim (third from right) and Moroccan Minister of Agriculture and Fisheries Aziz Akhannouch cut the ceremonial ribbon during the opening of Saudi Agriculture 2013 at the Riyadh International Convention and Exhibition Center on Sunday.
RIYADH – Saudi Minister of Agriculture Dr. Fahd Bin Abdul Rahman Balghunaim inaugurated on Sunday Saudi Agriculture 2013 – the 32nd International Agriculture, Water and Agro-Industry Show organized by Riyadh Exhibitions Company. The event will run until Wednesday at the Riyadh International Convention and Exhibition Center.
Aimed at enhancing communication, exchange of knowledge and business networking among corporate and government entities, the four-day exhibition underlines the importance of such events to highlight the leading position of the Saudi market, as well as to support the determined governmental efforts in this sector, in order to further stimulate regional and international investors and visitors.
The premier agriculture exhibition in Saudi Arabia and the Middle East gathered over 300 local and international exhibitors from more than 13 countries, including China, Egypt, Germany, Hungary, India, Italy, Malaysia, Pakistan, Saudi Arabia, Taiwan, Turkey, UAE and USA, across a 15,000 sqm exhibition space. The event attracts high profile visitors, figures, and exhibitors, and succeeded in offering a major opportunity for networking, as well as conducting business and sales in the agricultural sector.
Saudi Agriculture 2013 provides the ideal business-to-business platform for exhibitors and trade visitors to capitalize on the growth of the Saudi agriculture and food market that has achieved the highest growth rates in the region and holds major potential for new businesses.
Saudi Agriculture 2013 offers a wide scope of different exhibits’ profiles that include the latest in animal health and production, agricultural finance & banking, agricultural products and services, chemicals and fertilizers, cold storage and crop production, dairy farming products and equipment, fisheries and fish farming, greenhouses, handling and transport systems, irrigation and landscaping equipment, machinery and spare parts, organic farming, packaging systems and products, pesticides, pumps and pipe systems, seeds and soil nutrition products, spraying machinery, water treatment, water management systems, and warehousing.
Saudi Agriculture 2013 is being held concurrently with Saudi Agro-Food 2013 and Saudi Food-Pack 2013 to feature the latest products, technologies and services in areas ranging from frozen and chilled foods, confectionery, chocolates, health and natural foods, to presentation, processing and packaging equipment.
Accredited by UFI, the Global Association of the Exhibition Industry, Saudi Agriculture 2013 is regarded as the Middle East’s largest agricultural exhibition. ARASCO and Fakieh are the Diamond Sponsors while IYA Investments is the Gold Sponsor of the event.
NCB Capital in an earlier report gave the sector a positive outlook due to growth in demand supported by a young and growing population, and expansions into new segments.
The report said that this year to date there has been stability in global food prices which should in theory support margins for the Saudi food sector.
However, longer-term volatility and increases in global food prices remain a key risk for Saudi food companies given the majority of their raw materials are imported, coupled with limited pricing power which leads to margin pressure. — SG