Rice, oil and sugar are commodities of significant importance globally and are key imports to the GCC. These products are not produced in significant quantities within the GCC, therefore must be imported. Therefore, availability and pricing within the GCC can be heavily impacted by external market factors and trends.
In each section we examine the supply and demand of rice, oil and sugar at a global level before looking more closely at the GCC markets. The report first assesses global production and consumption, followed by a high-level review of global exports.
We then analyze the GCC production, consumption and import of each product. Each section ends with a summary of driving factors for trade at a global level.