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As a result of millions of religious pilgrims, foreign workers, and a developing tourism industry Saudi Arabia has a large and resilient HRI sector.

Export prices of all grades of rice remained unchanged despite a further weakening of the Thai baht against the U.S. dollar.

MY2021/22 rice production remains unchanged at 21 million metric tons. Post revised down Thai rice exports to 5.8 million metric tons in 2021 due to high freight costs and a lack of available shipping containers.

Export prices of white and parboiled rice declined 1-2 percent due to a further weakening of the Thai baht against the U.S. dollar.

Thailand’s pet food market experienced steady growth due to the rise of “pet humanisation” and an increasing cat population.

Export prices of all grades of rice remain unchanged despite the weakening of the Thai baht against the U.S. dollar and slow trading activities.

In 2020, Post estimates poultry production in Saudi Arabia was 900,000 metric tons (MT) with that total jumping to 910,000 MT in 2021 based on official data released by the Saudi Ministry of Environment, Water and Agriculture (MEWA) as well as discussions with major poultry producers.

Post expects chicken meat production to increase slightly in 2021 with sluggish domestic and export demand and supply disruptions from the prolonged outbreak of COVID-19.

Plant-based diets and meat substitutes are gaining popularity and are capturing the interest of Thai consumers.

Export prices leveled off despite steady demand and the appreciation of the Thai baht against the U.S. dollar.

The Thai Excise Department approved the use of the APEC Model Wine Export Certificate for U.S. wine exports and the U.S. Alcohol and Tobacco Tax and Trade Bureau’s (TTB) Certificate of Sanitation for U.S. beer and distilled spirit exports to Thailand with specific attestation.