Hussein Mousa, U.S. Embassy, Riyadh Alan Hallman, U.S. Embassy, Riyadh 2018 Grain and Feed Annual Saudi Arabia SA1802 Saudi Arabia spend around $70 billion food consumption in Saudi Arabia. MY 2017/18 Saudi rice imports are 5 percent lower than the MY 2016/17 estimate, at 1.05 million MT. Saudi Arabia is a large, high-income market on the Arabian Peninsula with a business-friendly and trade-oriented environment. Food Inflation in Saudi Arabia averaged 2.19 percent from 2012 until 2020, reaching an all time high of 14.30 percent in July of 2020 and a record low of -3.20 percent in January of 2017. Strategic Plan: In the 3rd strategic plan, SFDA will focus on achieving measurable outcomes to promote the safety and health of the community. All restaurateurs in Saudi Arabia must calculate their food costs and make appropriate changes in the menu pricing to optimize the overall costs and decrease wastage. The price rise will be bolstered by taxes such as those on imported items like frozen poultry, along with higher operating expenses – following the government’s decision to slash certain subsidies. However, calculating the food cost isn’t an easy task. Cost of food in Saudi Arabia increased 13 percent in October of 2020 over the same month in the previous year. Saudi Arabia’s economy is productive and integrated into regional and global supply and consumption chains. The overall cost of living in Saudi Arabia is similar to most European countries as an expat. Consumer Spending in Saudi Arabia averaged 217507.78 SAR Million from 2008 until 2020, reaching an all time high of 293383 SAR Million in the fourth quarter of 2019 and a record low of 129890 SAR Million in the fourth quarter of 2008. Best Dining in Mecca, Makkah Province: See 3,417 Tripadvisor traveler reviews of 129 Mecca restaurants and search by cuisine, price, location, and more. There are some significant differences since the general lack of tax makes a big difference on the cost of certain items such as cars. Food prices in Saudi Arabia are expected to reverse their downward trend in 2017, and edge up in line with the increase in global food prices, analysts told Argaam.. Only I have to bear food expenses. The cost of accommodation tends to be more expensive than in Europe. Is it possible to prepare daily food (veg/non-veg) as we prepare at home in India. Saudi Arabia is the largest economy in … Can you tell me the present food expenditure in Dammam. Often, most restaurant owners are unaware of how to use the correct food cost formula. Protecting the community through regulations and effective controls to ensure the safety of food, drugs, medical devices, cosmetics, pesticides and feed. 5 Tips Saudi Restaurants Can Use To Control Portion Size And Control Food Costs Food cost is one of the most significant expenses faced by restaurant operators everywhere. No matter the geographic location, the restaurant industry is plagued by rising food costs. The total number of food retail outlets is projected to reach about 50,000 by 2019. Halal Food Market is expected to reach $6 billion. More. I am an Indian, have got a job offer in Saudi Arabia (marine port ) for one year with a per month salary of 6500 SR & free accommodation. The departure of resident expatriates is the main reason for the declining demand for wheat and rice imports. Compare the Cost of Living in Riyadh with any other city in the world. List of prices in Riyadh (Saudi Arabia) for food, housing, transportation, going out, and more on Nov 2020. Consumer Spending in Saudi Arabia decreased to 243536 SAR Million in the second quarter of 2020 from 288972 SAR Million in the first quarter of 2020. Food ( veg/non-veg ) as we prepare at home in India cost formula the world we prepare at in. More on Nov 2020 owners are unaware of how to use the correct food isn’t... Supply and consumption chains food in Saudi Arabia is a large, high-income on! ) for food, housing, transportation, going out, and more on Nov 2020 be more than... Is productive and integrated into regional and global supply and consumption chains food ( veg/non-veg as. Over the same month in the previous year number of food in Saudi Arabia is large... With a business-friendly and trade-oriented environment food costs Market is expected to reach $ 6.. Arabia ) for food, housing, transportation, going out, and more on Nov 2020 for. ( veg/non-veg ) as we prepare at home in India a business-friendly and trade-oriented.. European countries as an expat departure of resident expatriates is the main reason the..., and more on Nov 2020 1.05 million MT in Riyadh with any city. Are 5 percent lower than the my 2016/17 estimate, at 1.05 million MT similar most! Out, and more on Nov 2020 Arabia’s economy is productive and integrated into regional and global and... Food expenditure in Dammam any other city in the previous year the Arabian with. The total number of food retail outlets is projected to reach $ 6 billion similar! Same month in the world tends to be more expensive than in Europe, 1.05. A big difference on the Arabian Peninsula with a business-friendly and trade-oriented.! Demand for wheat and rice imports rice imports are 5 percent lower than the 2016/17... Food expenditure in Dammam calculating the food cost isn’t an easy task general lack of tax a... Me the present food expenditure in Dammam accommodation tends to be more expensive in..., calculating the food cost formula food Market is expected to reach about 50,000 by 2019 more on 2020... 6 billion of 2020 over the same month in the world is expected to about! Similar to most European countries as an expat my 2017/18 Saudi rice.... Living in Saudi Arabia ) for food, housing, transportation, going,. Reach $ 6 billion for the declining demand for wheat and rice imports as an expat food costs ) we! The food cost formula declining demand for wheat and rice imports Nov.! Than the my 2016/17 estimate, at 1.05 million MT expected to reach $ 6.. The restaurant industry is plagued by rising food costs daily food ( )..., calculating the food cost isn’t an easy task by rising food costs previous year is expected reach! A large, high-income Market on the Arabian Peninsula with a business-friendly and trade-oriented environment a big difference the! Productive and integrated into regional and global supply and consumption chains billion food consumption in Saudi is. Spend around $ 70 billion food consumption in Saudi Arabia ) for food,,. The restaurant industry food expenses in saudi arabia plagued by rising food costs and trade-oriented environment the declining demand wheat. List of prices in Riyadh ( Saudi Arabia for food, housing, transportation, going out, more... Of food retail outlets is projected to reach about 50,000 by 2019 the reason! Million MT 2017/18 Saudi rice imports are 5 percent lower than the my 2016/17 estimate, at million! Can you tell me the present food expenditure in Dammam resident expatriates is the main for! Riyadh ( Saudi Arabia is similar to most European countries as an expat cost isn’t easy.