Yemen Market and Trade Bulletin March 2025 - Issued on 26 April 2025
KEY HIGHLIGHTS
CONTEXT & OUTLOOK: Yemen's food security faces multiple threats, including currency collapse, rising fuel prices—especially in areas controlled by the Government of Yemen (GoY)—financial constraints due to the ongoing crisis, the designation of Ansarullah (AA) as a terrorist organization, fuel controls, seasonal challenges, and a ban on wheat flour imports. Anticipated price increases for basic foods, livestock, and labor are expected to persist in the coming months, particularly in GoY-controlled areas, affecting affordability and economic access. By March 2025, it is projected that up to 17.1 million people (approximately 50% of the population) will experience severe food insecurity. Although milling capacity and port infrastructure are generally sufficient, potential fuel shortages in areas controlled by the Southern Transitional Council (SBA) could disrupt milling operations and drive wheat flour prices higher. Therefore, it is essential to monitor global wheat and fuel prices, import levels, and milling efficiency closely.