MENA: Market for Lamb and Sheep Meat 2024

Market Size for Lamb and Sheep Meat in MENA

In 2022, the MENA's lamb and sheep meat market decreased by less than X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2021, and then fell slightly in the following year.

Production of Lamb and Sheep Meat in MENA

In value terms, lamb and sheep meat production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Algeria (X tons) and Iran (X tons), together comprising X% of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of lamb and sheep meat in MENA reached X kg per head, remaining stable against the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2012; however, from 2013 to 2022, the yield failed to regain momentum.

The global number of animals slaughtered for lamb and sheep meat production contracted to X heads in 2022, shrinking by X% against the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the number of producing animals attained the peak level of X heads, and then contracted modestly in the following year.

Exports of Lamb and Sheep Meat

Exports in MENA

In 2022, after three years of decline, there was significant growth in shipments abroad of lamb and sheep meat, when their volume increased by X% to X tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, lamb and sheep meat exports skyrocketed to $X in 2022. Over the period under review, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons) represented the largest exporter of lamb and sheep meat, constituting X% of total exports. It was distantly followed by the United Arab Emirates (X tons), creating a X% share of total exports. The following exporters - Oman (X tons), Lebanon (X tons), Saudi Arabia (X tons) and Iran (X tons) - together made up X% of total exports.

Turkey was also the fastest-growing in terms of the lamb and sheep meat exports, with a CAGR of X% from 2012 to 2022. At the same time, Lebanon (X%), Oman (X%), Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), the United Arab Emirates (X p.p.), Lebanon (X p.p.), Oman (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) emerged as the largest lamb and sheep meat supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamb and sheep meat export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports in MENA

After three years of decline, overseas purchases of lamb and sheep meat increased by X% to X tons in 2022. Overall, imports, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, lamb and sheep meat imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Qatar (X tons), Saudi Arabia (X tons), Kuwait (X tons), Jordan (X tons), Iran (X tons), Bahrain (X tons) and Oman (X tons) represented the key importers of lamb and sheep meat, together committing X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat importing markets in MENA were the United Arab Emirates ($X), Qatar ($X) and Kuwait ($X), together comprising X% of total imports.

Among the main importing countries, Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Jordan ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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