MENA: Pork Market 2023

Pork Market Size in MENA

In 2022, the MENA's pork market decreased by -4.2% to $X for the first time since 2018, thus ending a three-year rising trend. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then shrank modestly in the following year.

Pork Production in MENA

In value terms, pork production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by 7.3%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of pork production was Israel (X tons), comprising approx. 83% of total volume. Moreover, pork production in Israel exceeded the figures recorded by the second-largest producer, Egypt (X tons), more than tenfold. Lebanon (X tons) ranked third in terms of total production with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Israel totaled -3.1%. In the other countries, the average annual rates were as follows: Egypt (+5.1% per year) and Lebanon (-1.0% per year).

The average pork yield fell to X kg per head in 2022, approximately reflecting the previous year's figure. Overall, the yield continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 when the yield increased by 2.4% against the previous year. Over the period under review, the pork yield hit record highs 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 pork production rose significantly to X heads in 2022, increasing by 5.4% against 2021 figures. Over the period under review, the number of producing animals, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the number of producing animals increased by 8.9%. As a result, the amount of producing animals attained the peak level of X heads. From 2021 to 2022, the growth of this number remained at a somewhat lower figure.

Pork Exports

Exports in MENA

In 2022, approx. X tons of pork were exported in MENA; jumping by 28% against 2021. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, pork exports reached $X in 2022. In general, exports recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of 68%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) dominates exports structure, together committing 81% of total exports. It was distantly followed by Oman (X tons), generating an 8.2% share of total exports. The following exporters - Lebanon (X tons), Egypt (X tons) and Bahrain (X tons) - together made up 8.5% of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +44.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Oman ($X) constituted the countries with the highest levels of exports in 2022, with a combined 91% share of total exports.

Oman, with a CAGR of +60.1%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, falling by -13.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Oman ($X per ton), while Lebanon ($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 (+11.1%), while the other leaders experienced mixed trends in the export price figures.

Pork Imports

Imports in MENA

After four years of growth, purchases abroad of pork decreased by -9.2% to X tons in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, pork imports dropped to $X in 2022. In general, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

The United Arab Emirates prevails in imports structure, amounting to X tons, which was near 81% of total imports in 2022. The following importers - Turkey (X tons), Bahrain (X tons), Lebanon (X tons), Iraq (X tons) and Qatar (X tons) - together made up 14% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pork imports into the United Arab Emirates stood at +8.0%. At the same time, Turkey (+91.5%), Iraq (+25.8%), Bahrain (+3.5%) and Qatar (+2.9%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of +91.5% from 2012-2022. Lebanon experienced a relatively flat trend pattern. While the share of Turkey (+4.4 p.p.), Qatar (+1.7 p.p.) and Iraq (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (-2.1 p.p.) and Lebanon (-2.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pork in MENA, comprising 76% of total imports. The second position in the ranking was held by Bahrain ($X), with a 5% share of total imports. It was followed by Turkey, with a 4.7% share.

In the United Arab Emirates, pork imports expanded at an average annual rate of +7.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (+2.7% per year) and Turkey (+71.9% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by 4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 14% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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