MENA: Canned Meat Market 2024

Canned Meat Market Size in MENA

The MENA's canned meat market surged to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% 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 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Canned Meat Production in MENA

In value terms, canned meat production reduced to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Canned Meat Exports

Exports in MENA

Canned meat exports skyrocketed to X tons in 2022, rising by X% compared with the year before. Over the period under review, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, canned meat exports surged to $X in 2022. Overall, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) and Turkey (X tons) represented the key exporters of canned meat in MENA, together achieving X% of total exports. Kuwait (X tons) held the next position in the ranking, followed by Saudi Arabia (X tons) and Jordan (X tons). All these countries together held near X% share of total exports. Israel (X tons) took a minor share of total exports.

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

In value terms, the largest canned meat supplying countries in MENA were the United Arab Emirates ($X), Kuwait ($X) and Turkey ($X), together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Canned Meat Imports

Imports in MENA

Canned meat imports skyrocketed to X tons in 2022, growing by X% on 2021 figures. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, canned meat imports skyrocketed to $X in 2022. Overall, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kuwait was the key importer of canned meat in MENA, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Saudi Arabia (X tons) held the second position in the ranking, followed by Iraq (X tons), the United Arab Emirates (X tons), Bahrain (X tons) and Qatar (X tons). All these countries together took approx. X% share of total imports. Syrian Arab Republic (X tons) followed a long way behind the leaders.

Kuwait was also the fastest-growing in terms of the canned meat imports, with a CAGR of X% from 2012 to 2022. At the same time, Syrian Arab Republic (X%), Bahrain (X%), Qatar (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Iraq experienced a relatively flat trend pattern. While the share of Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.), the United Arab Emirates (X p.p.) and Iraq (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X) constitutes the largest market for imported canned meat in MENA, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Kuwait, canned meat imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Syrian Arab Republic ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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