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COVER STORY Saudi Arabia, food and agriculture imports US$19 billion in 2014. Largest consumer of food in GCC region growing at 18.5 percent annually, analysts forecast the Kingdom's food imports to reach US$70 billion per annum in the next five years Australia and New Zealand. In neighboring Saudi Arabia, food and agriculture imports were valued at US$19 billion in 2014. As the largest consumer of food products in the GCC region growing at 18.5 percent annually, analysts forecast the Kingdom's food imports to reach US$70 billion per annum in the next five years. The Kingdom's lands and weather are not suitable for farming, thus, it resorts to food importation mainly sourced from India, Brazil, Germany, France, Egypt and Argentina. And food imports keep the governmentowned Saudia Cargo busy all year. “Despite the slowdown in economy, Saudi Arabia's food consumption is forecast to grow by 7.3 percent in 2016, to SR224.5 billion and projected to reach SR259.4 billion in 2018. In sum, capital spending in the food sector will expand further, while the value of the casual dining sector will increase at a growth rate of 3 per cent per annum,” said Anees Moumina, CEO of Sedco Holding Group, a l e a d i n g S h a r i a h - c o m p l i a n t organization, in his interview for The Hotel Show Saudi Arabia. Turkish Cargo, now ranked as the 8th top freight carrier, is also doing good in terms of perishables, helping in the process to make Turkey's agricultural products a global brand. The carrier also transports live fish and other seafood products to Oman, Kuwait and some countries in Africa like Ghana. American Airlines is also doing great in transporting fresh produce. During the first half of 2018, the company moved nearly 12 million pounds of fresh asparagus around the world, helping in the process growers from Mexico and Peru. “The majority of what we move is green asparagus, but we do move very small amounts of both the albino and purple varieties. And because they are all fresh spears, they do require careful specialized handling,” shared Joe Goode, American Airlines Cargo's managing director, Sales – Western Division. “In addition to moving significant volumes of asparagus, we also move large volumes of lettuce, radicchio, tomatoes and mangoes into Asia over the same period of time,” he added. This spring, American carried multiple shipments of the vegetable on a daily basis between Los Angeles (LAX) and Tokyo (NRT). To put it in perspective, just in 2018 so far, the OLD airline shipped enough asparagus spears to span 8.5 Tour de France routes (one of which is a collective 2,200 miles) when lined up end-toend, or enough to fill nearly 240 space shuttles. Cold chain market heated up The world's insatiable appetite for air flown food is not only benefitting the air cargo industry but the cold chain market and the rest of the supply chain as well. Markets and Markets, a data intelligence company servicing 7,500 customers worldwide including 80% of global Fortune 1,000 companies, estimate the cold chain market to grow to US$293.27 billion by 2023 as international trade of perishable foods increases. “The global cold chain market is estimated to account for US$203.14 billion in 2018 and is projected to reach US$293.27 billion by 2023, at a CAGR of 7.6%. The global cold chain m a r k e t i s e x p a n d i n g w i t h considerable growth potential over the next five years. The growth of this market can be attributed to the growth of international trade of perishable foods, technological advancements in refrigerated storage & transport, government support for the infrastructural development of the cold chain industry and increase in consumer demand for perishable foods,” the research firm said in its report Cold Chain Market Global Forecast 2023. The increase in consumption for perishable foods would require more refrigerated transport & refrigerated storage. Emerging markets in the Asia-Pacific are projected to post the highest growth as it sees massive expansion in food retail chain industry. “The refrigerated storage market is estimated to be dominated by the Asia Pacific region. Refrigerated storage capacities are growing in the Asia Pacific due to the increased need for reducing wastage of perishable foods. In North America and Europe, the refrigerated transport industry is b o o m i n g , m a i n l y d u e t o t h e advancement of technology in refrigerated trucks, vans, trailers, and
COVER STORY m a r i t i m e r e e f e r c o n t a i n e r s ,” MarketsandMarkets noted. In the frozen cold chain market, dairy and frozen desserts will drive the highest percentage of growth due t o t h e i r n e e d f o r c o n s t a n t temperature control. The market is growing for these items especially in China where the government encourages daily consumption as main source of protein. “Dairy & frozen desserts are witnessing high demand due to The UN, which described the military offensive in Myanmar's Rakhine state where the Rohingyas are deeply rooted as a “textbook example of ethnic cleaning” says it needs US$12.83 million to feed the refugees every month with rice, lentils, yellow split peas, vegetable oil and other food essentials flown by air freight carriers. Managed by the World Food Program, the United Nations Humanitarian Service (UNHAS) e c o n o m i c g r o w t h a n d r a p i d mainly deliver humanitarian aid to u r b a n i z a t i o n , a l o n g w i t h Required Temperatures different countries operating more sophisticated marketing channels, which have led to significant changes than 92 chartered planes, 20 ships and 5,000 trucks on a daily basis. in dietary patterns. Government The world's largest humanitarian guidelines in China state that milk is a ice aid logistics hub, the International major source of calcium and protein, cream Humanitarian City, is located in Dubai and recommend regular milk Seafood hosting nine United Nations agencies consumption, which has led to milk and over 40 NGOs, making the a n d d a i r y p r o d u c t s b e i n g Meat OLD emirate a vital link in facilitating first incorporated into the daily diet of responses at a global scale to conflict consumers,” the report said. zones and disaster areas in all corners In 2017, ice cream, meat and Range between of the world. seafood which required temperatures ranging between -18 °C to - Authority (IATA) described air cargo as -18 °C to -24 °C The International Air Transport 24 °C (-0.4 °F to -11.2 °F) drove the “a trade facilitator that contributes to fraction of those in need helped due cold chain market to new growth. global economic development and to logistical challenge and limited Humanitarian cargo creates millions of jobs. The global When natural disasters strike, the funding. economy depends on the ability to air freight industry is also tapped to Responding to these crises on a deliver high-quality products at quickly and effectively deliver food, global scale requires methodical and competitive prices to consumers medicines, shelter and other supplies systematic operation that requires worldwide. Air cargo transports over to victims. rigid security and cooperation US$6 trillion wor th of goods, In conflict zones, the weight is also between aid agencies, organizations, accounting for approximately 35% of on the industry to deliver vital life air freight carriers, forwarders and world trade by value” but in recent sustaining supplies. The United Nations says the world is facing the largest humanitarian crisis since its creation with more than 165 million people in over 40 countries in need of i n t e r n a t i o n a l h u m a n i t a r i a n assistance. Across the world, over 815 million people are hungry and more than half of them are living in countries at war. In 2016, the UN served 164.2 million people in 47 countries in need of humanitarian assistance with the majority located in just three countries—Yemen 21.2 million; Syria 13.5 million, and; Iraq 10.4 million. Yemen and Syria remain major concerns for the UN with just a countries. Air freight plays a pivotal role in the delivery of food, medical supplies, shelter and other relief goods in conflict zones and this is particularly c h a l l e n g i n g i n a r e a s w h e r e infrastructures have been destroyed or under attack. Away from the war zones, the UN must also provide for over a million Rohingya Muslims who began fleeing Myanmar by boat or on foot with barely any belongings to neighboring B a n g l a d e s h a f t e r a m i l i t a r y crackdown in August 2017 that led to thousands of deaths and reports of rape and sexual abuse among women and girls. times its role had expanded to saving lives in areas where there are poverty and conflict. Apart from food, the industry plays a crucial role in transpor ting medicines and vaccines to save lives in Africa and other parts of the world. Many major carriers support this move. “The World Health Organization e s t i m a tes t h a t i m m u n i z a t i o n programs will prevent more than 4 million annual child deaths by 2018. Air cargo is critical in flying these temperature-sensitive pharmaceuticals in the best conditions, using cutting-edge technologies and procedures,” said IATA.
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Page 6 and 7: Content October 2018 22 Cover Story
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