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152306

The Economic Aspects of Food Security Policy of The Refined Sugar in Saudi Arabia

Article

Last updated: 22 Jan 2023

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Food Science and technology

Abstract

This study aimed to measuring  coefficient of food security of sugar during the period 1990-2008 in addition to the estimation of quantity and value of imports necessary to achieve different levels of food security for refined sugar in 2015. This study is based on economic equations and quantitative economic analysis. The results of this study include: 1- The strategic stock of sugar is 312.2 thousand tons, enough for domestic consumption for five months only. In the light of the strategic stock and the average domestic consumption of sugar amounting 552.45 thousand tons, the estimated coefficient of food security is 0.56 in the period 1990-2008. 2- Imports and domestic consumption are the most important determinants of the coefficient of food security for refined sugar. Under the policy to achieve the full level the coefficient of food security, it requires the importation of a quantity of refined sugar amounting to 1.36 million tons, at the value 993 million Dollars  in 2015. 3- This study recommends the need to maintain the food security of refined sugar, through the strategic stock, enough domestic consumption for a period not  less than six months, The adoption of several policies including the following: (A) rationalizing the domestic consumption of refined sugar in both urban and rural Regions  so as not to increase the consumption needs than the estimated values, (B) expansion of the import of refined sugar to achieve different levels of the Coefficient  of  food security in 2015.  

DOI

10.21608/asejaiqjsae.2011.152306

Keywords

The Refined Sugar, The Strategic Stock, Coefficient of food Security

Authors

First Name

Abdul-Aziz

Last Name

M. Al-Duwais

MiddleName

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Affiliation

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City

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Orcid

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First Name

Adel

Last Name

M. Ghanem

MiddleName

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Affiliation

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Volume

32

Article Issue

JANUARY- MARCH

Related Issue

407

Issue Date

2011-03-01

Receive Date

2011-03-02

Publish Date

2011-03-01

Page Start

23

Page End

31

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_152306.html

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https://asejaiqjsae.journals.ekb.eg/service?article_code=152306

Order

11

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

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Article

Created At

22 Jan 2023