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Middle East - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Jun 29, 2020

The Middle Eastern Lamb And Sheep Meat Market to Post Measured Growth

IndexBox has just published a new report: 'Middle East - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the lamb and sheep meat market in the Middle East amounted to $7.8B in 2019, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The level of lamb and sheep meat consumption peaked in 2019 and is expected to retain its growth in the immediate term.

Consumption by Country

The countries with the highest volumes of lamb and sheep meat consumption in 2019 were Turkey (371K tonnes), Iran (325K tonnes) and Syrian Arab Republic (158K tonnes), with a combined 63% share of total consumption. Saudi Arabia, Yemen, Kuwait, the United Arab Emirates, Iraq, Oman, Qatar, Jordan and Bahrain lagged somewhat behind, together comprising a further 35%.

From 2007 to 2019, the most notable rate of growth in terms of lamb and sheep meat consumption, amongst the main consuming countries, was attained by Qatar, while lamb and sheep meat consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat markets in the Middle East were Iran ($2.3B), Turkey ($2.1B) and Syrian Arab Republic ($952M), together accounting for 69% of the total market. These countries were followed by Saudi Arabia, the United Arab Emirates, Iraq, Qatar, Yemen, Bahrain, Kuwait, Jordan and Oman, which together accounted for a further 29%.

The countries with the highest levels of lamb and sheep meat per capita consumption in 2019 were Bahrain (16 kg per person), Qatar (13 kg per person) and Kuwait (12 kg per person).

Market Forecast 2019-2030

Driven by increasing demand for lamb and sheep meat in the Middle East, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.4% for the period from 2019 to 2030, which is projected to bring the market volume to 1.6M tonnes by the end of 2030.

Production in the Middle East

In 2019, production of lamb and sheep meat increased by 1% to 1.2M tonnes, rising for the second year in a row after two years of decline. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 7.7% y-o-y. The volume of production peaked in 2019 and is expected to retain growth in years to come. 

Production by Country

The countries with the highest volumes of lamb and sheep meat production in 2019 were Turkey (371K tonnes), Iran (320K tonnes) and Syrian Arab Republic (158K tonnes), together comprising 71% of total production. These countries were followed by Saudi Arabia, Yemen, Iraq and Kuwait, which together accounted for a further 20%.

From 2007 to 2019, the biggest increases were in Yemen, while lamb and sheep meat production for the other leaders experienced more modest paces of growth.

Producing Animals in the Middle East

In 2019, the number of animals slaughtered for lamb and sheep meat production in the Middle East totaled 56M heads, standing approx. at 2018 figures. Overall, the producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the number of producing animals increased by 8.6% year-to-year. The level of producing animals peaked in 2019 and is likely to continue growth in the near future.

Yield in the Middle East

In 2019, the average lamb and sheep meat yield in the Middle East reduced modestly to 21 kg per head, approximately equating the previous year. In general, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the yield increased by 7.6% year-to-year. The level of yield peaked at 23 kg per head in 2011; however, from 2012 to 2019, the yield failed to regain the momentum.

Imports in the Middle East

In 2019, purchases abroad of lamb and sheep meat increased by 2.9% to 177K tonnes for the first time since 2015, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +1.5% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2012 with an increase of 17% y-o-y. The volume of import peaked at 197K tonnes in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, lamb and sheep meat imports expanded rapidly to $1.1B (IndexBox estimates) in 2019. Total imports indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +1.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Imports by Country

The purchases of the three major importers of lamb and sheep meat, namely the United Arab Emirates, Saudi Arabia and Qatar, represented more than half of total import. Jordan (18K tonnes) ranks next in terms of the total imports with a 10% share, followed by Kuwait (9%), Oman (7.2%) and Bahrain (4.6%).

From 2007 to 2019, the biggest increases were in Qatar, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat importing markets in the Middle East were the United Arab Emirates ($302M), Qatar ($218M) and Saudi Arabia ($217M), with a combined 68% share of total imports.

Import Prices by Country

In 2019, the lamb and sheep meat import price in the Middle East amounted to $6,132 per tonne, surging by 2.1% against the previous year. Import price indicated a buoyant expansion from 2007 to 2019: its price increased at an average annual rate of +5.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lamb and sheep meat import price increased by +27.0% against 2016 indices. The pace of growth appeared the most rapid in 2010 an increase of 27% year-to-year. Over the period under review, import prices hit record highs in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Qatar ($7,170 per tonne), while Oman ($4,104 per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the market for lamb and sheep meat in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bahrain
• Iran
• Iraq
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Syrian Arab Republic
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the Middle East, split by region and country
• Trade (exports and imports) in the Middle East
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007-2019
Table 7:
Yield, By Country, 2007-2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007-2019
Figure 25:
Yield, By Country, 2007-2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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