GCC agri-nutrients feed 5% of world’s population: GPCA

DUBAI — The GCC agri-nutrients industry supports the food supply of 5% of the world’s population, or 350 million people across the globe, according to a new report published by the Gulf Petrochemicals and Chemicals Association (GPCA).

This figure marks the rising importance of agri-nutrients in enhancing global food security in a rapidly changing world, where we will need to produce 70% to 100% more food by 2050 to feed our growing population.

The findings were highlighted in a new report entitled ‘Role of Agri-Nutrients in Food Security’ released on the occasion of World Food Day organized by the UN.

The report further reveals that over the last five decades, a portion of the global population supported by agri-nutrients manufactured by GCC producers has increased 33 times, from about 9 million in 1970 to 350 million currently.

The GCC agri-nutrient industry supports about 12,100 direct jobs in the region, and almost three times as many indirect and induced jobs, which means that every person working in the sector supports enough food production to feed about 30,000 people worldwide, including people in the GCC.

Additionally, every person employed by the regional industry supports 17.7 tons of three main crops production per year (rice, wheat and maize), underlying the significance of the Arabian Gulf region in supporting global food security.

The COVID-19 pandemic has put food security and the nutrition of millions of people under threat, with many of the affected populations already suffering from malnutrition.

According to the Food and Agriculture Organization (FAO) of the United Nations, the number of people joining the ranks of those suffering from malnutrition post the pandemic may range from 14.4 million to 38.2, or even 80.3 million depending on the GDP contraction.

The role of agri-nutrients during the pandemic has been essential in meeting the needs of billions of people across the globe and ensuring the uninterrupted supply of nutrition to the world’s population.

In the midst of the coronavirus crisis, production of agricultural chemicals including fertilizers and crop protection chemicals declined by 5% between January and May 2020 globally.

Furthermore, capacity utilization reduced from 81.5% in January to 75.1% in May 2020. Comparatively, in the GCC, fertilizer producers continued to produce essential fertilizers and supply their global customers without significant production and supply chain disruptions.

Dr. Abdulwahab Al-Sadoun, secretary general, GPCA, commented: “The GCC region is an important, global center for the production and export of agri-nutrients, which have proven to be essential for enhancing global food security, particularly during the current crisis.

“The global community must work together to ensure open and free international trade and protect food supply chains by providing essential agri-nutrient inputs.”

He added: “Furthermore, we must keep domestic supply chain functions operational to ensure the smooth export of fertilizers, all while taking the necessary precautions for the safety and wellbeing of our employees. International cooperation will be equally important for all countries and regions to have sufficient supply of all agricultural inputs and outputs.” — SG

 

Source: https://saudigazette.com.sa/article/599373/BUSINESS/GCC-agri-nutrients-feed-5-of-worlds-population-GPCA

 

Share this page Share on FacebookShare on TwitterShare on Linkedin
Close

Read our latest publication

'Bahrain-France Investor Guide' -
is YOUR guide to invest in Bahrain and in France. Click here to view the online guide