Strengthening Food Security: A Comparison of Food Import Forecasting Models

Corrado Mio, Siddhartha Shakya, Himadri Khargharia, Dymitr Ruta, Subey Dengur, Aysha Ali Saif Al Shamisi, Asma Alawneh

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    2 Scopus citations

    Abstract

    Food security relies on factors like availability, access, and stability, often assisted by food imports when local production falters. Importantly, these imports stabilize supplies, mitigate shortages and price volatility, and enhance economic stability. Anticipating import requirements is vital for proactive food security planning. In this case study, we employ multiple forecasting models to predict food import for a large number of products from multiple countries. The results highlight varying algorithm performance across datasets. Traditional statistical models remain highly competitive compared to newer alternatives, especially for shorter time series. Our study introduces a multi-model forecasting approach to predict periodic food imports, a pivotal tool for food authorities.

    Original languageBritish English
    Title of host publication10th IEEE/ACM International Conference on Big Data Computing, Applications and Technologies, BDCAT 2023
    ISBN (Electronic)9798400704734
    DOIs
    StatePublished - 4 Dec 2023
    Event10th IEEE/ACM International Conference on Big Data Computing, Applications and Technologies, BDCAT 2023 - Taormina, Italy
    Duration: 4 Dec 20237 Dec 2023

    Publication series

    Name10th IEEE/ACM International Conference on Big Data Computing, Applications and Technologies, BDCAT 2023

    Conference

    Conference10th IEEE/ACM International Conference on Big Data Computing, Applications and Technologies, BDCAT 2023
    Country/TerritoryItaly
    CityTaormina
    Period4/12/237/12/23

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