Saudi food sales grew 8.6% in 2004

The figures are based on sales in 20 major food categories and cover almost 36,000 outlets across all regions of the country.

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By  David Ingham Published  October 4, 2005

Retail food sales in Saudi Arabia grew 8.6% in 2004 over the year before, according to data supplied to Retail News Middle East by AC Nielsen. The figures are based on sales in 20 major food categories and cover almost 36,000 outlets across all regions of the country. The value of goods sold was US $2.77 billion, compared with US $2.55 billion in 2003. The categories tracked in the survey include chocolate and breakfast cereals, and the figures give a clear indication of the health of the Kingdom’s hypermarkets, supermarkets and convenience stores. For the year to date (January-July), sales are growing at a slightly less rapid, but still healthy, rate of 5.4%. The fastest growing regions of the country are the West and Central areas, with sales increases of 6.7% and 6.4% respectively. The East is the slowest growing region, with sales increasing just 0.1% so far this year. Supermarkets (stores of over 500m² in size) have seen sales grow 5.7% so far this year and self service outlets (101-500m² in area) have enjoyed 6.3% growth for January-July.

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