Oman ranks 4th in Arab world, 41 in Global Food Security Index

watermelon in oman markets
watermelon in oman markets

The Sultanate of Oman is ranked fourth among Gulf countries in a new index that provides a comprehensive overview of the food security sector, as per the report compiled by Deep Knowledge Analytics.

The Global Food Security 2022 second quarter (Q2) report is based on data collected from 171 countries until July 1 2022.

It was released by London-based market intelligence firm Deep Knowledge Analytics yesterday.

Nations are ranked on three parameters: Access to Food, Crisis Level, and Food System and Economy Resilience.

In the region, the UAE takes the lead as it is ranked 26th with a score of 97.07 out of 10, where the value closer to 0 shows a more insecure state in terms of food security.

The Sultanate ranked 41 globally, with a score of 6.77 points, Bahrain and Qatar are ranked 30th and joint second among the GCC with score of 6.99, Saudi Arabia (6.75) and Kuwait (6.69).

The United States of America topped the index (7.90), Norway (7.89), Ireland (87.82), and the Netherlands and Canada (7.79), while Syria, Yemen, Mali and Ethiopia came at the end of the ranking.

The study, which assessed the drivers of food insecurity in 2022 found that the global food system has been destabilized by the Russian invasion of Ukraine.

Deep Knowledge Analytics has warned of increased levels of hunger and food insecurity in sub-Saharan Africa, the Middle East and North Africa, Latin America and South Asia by the end of this year, adding that food-secure developed countries will not face hunger, but will feel shortfalls in some food products with rising inflation.

The release of the Food Security Index comes at a time when the Russian-Ukrainian war had huge impact on food security in the world during the second quarter of 2022, which forced many countries to seek the assistance of international financial institutions to secure their basic food needs in light of the significant rise in prices.

Beyond the conflict, the index added, farmers around the world are struggling to pay higher fertilizer prices which, in turn, could lead to lower harvests. The United Nations believes that the crisis of increasing food prices in the world will turn into a problem of availability of food in the next year in light of the continuation of the war, which worries many.

The index stated that global food prices started to rise in the middle of 2020, when businesses shut shop due to the COVID-19 pandemic, straining supply chains. The conflict, along with other shocks to the food system, has caused even stronger grocery store inflation, putting pressure on household incomes around the world.

The index reported that the food security index includes three dimensions: access to food, level of crisis, flexibility of the diet and the economy, which is a composite indicator that identifies countries at risk.

The World Food Programme expects the number of people facing acute food insecurity crises to increase by 47 million during 2022, while 2021 estimates indicated that 193 million people were facing a food security crisis.

 

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