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Middle East - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Middle East: Animal Fats Market Overview 2021

Animal Fats Market Size in the Middle East

In 2019, the Middle Eastern animal fats market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Animal Fats Production in the Middle East

In value terms, animal fats production reduced modestly to $X in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.

Production By Country in the Middle East

The countries with the highest volumes of animal fats production in 2019 were Turkey (X tonnes), Iran (X tonnes) and Saudi Arabia (X tonnes), together accounting for X% of total production. Syrian Arab Republic, Yemen, the United Arab Emirates and Israel lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in the United Arab Emirates, while animal fats production for the other leaders experienced more modest paces of growth.

Animal Fats Exports

Exports in the Middle East

In 2019, overseas shipments of animal fats and oils increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in the near future.

In value terms, animal fats exports skyrocketed to $X in 2019. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Saudi Arabia was the largest exporting country with an export of around X tonnes, which finished at X% of total exports. The United Arab Emirates (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Oman (X%) and Kuwait (X%). Iran (X tonnes) took a little share of total exports.

Saudi Arabia was also the fastest-growing in terms of the animal fats and oils exports, with a CAGR of +X% from 2007 to 2019. At the same time, Oman (+X%), Iran (+X%), the United Arab Emirates (+X%) and Kuwait (+X%) displayed positive paces of growth. From 2007 to 2019, the share of Saudi Arabia and Oman increased by +X% and +X% percentage points, while Kuwait (-X p.p.) and the United Arab Emirates (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X) were the countries with the highest levels of exports in 2019, together comprising X% of total exports.

In terms of the main exporting countries, Oman 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 2019, the animal fats export price in the Middle East amounted to $X per tonne, falling by -X% against the previous year. In general, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Oman ($X per tonne), while Kuwait ($X per tonne) was amongst the lowest.

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

Animal Fats Imports

Imports in the Middle East

In 2019, imports of animal fats and oils in the Middle East skyrocketed to X tonnes, jumping by X% on the previous year. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the immediate term.

In value terms, animal fats imports shrank modestly to $X in 2019. Total imports indicated a prominent increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then fell in the following year.

Imports by Country

Iraq represented the major importing country with an import of around X tonnes, which resulted at X% of total imports. It was distantly followed by Saudi Arabia (X tonnes), achieving a X% share of total imports. Kuwait (X tonnes) followed a long way behind the leaders.

Iraq was also the fastest-growing in terms of the animal fats and oils imports, with a CAGR of +X% from 2007 to 2019. At the same time, Kuwait (+X%) displayed positive paces of growth. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Iraq and Kuwait increased by +X% and +X% percentage points, while Saudi Arabia (-X p.p.) saw their share reduced.

In value terms, Iraq ($X), Saudi Arabia ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2019, together comprising X% of total imports.

Iraq (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The animal fats import price in the Middle East stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the the Middle East?
+
The countries with the highest volumes of animal fats consumption in 2019 were Turkey (40K tonnes), Iran (34K tonnes) and Saudi Arabia (22K tonnes), with a combined 62% share of total consumption. Iraq, Syrian Arab Republic, Yemen, Israel and Jordan lagged somewhat behind, together comprising a further 30%.
What are the largest producers of animal fats and oils in the the Middle East?
+
The countries with the highest volumes of animal fats production in 2019 were Turkey (40K tonnes), Iran (35K tonnes) and Saudi Arabia (22K tonnes), with a combined 68% share of total production. These countries were followed by Syrian Arab Republic, Yemen, the United Arab Emirates and Israel, which together accounted for a further 22%.
What are the leading suppliers of animal fats and oils in the the Middle East?
+
In value terms, the United Arab Emirates ($1.8M), Saudi Arabia ($1.5M) and Oman ($1.1M) appeared to be the countries with the highest levels of exports in 2019, with a combined 86% share of total exports.
What are the leading importers of animal fats and oils in the the Middle East?
+
In value terms, the largest animal fats importing markets in the Middle East were Iraq ($12M), Saudi Arabia ($11M) and Kuwait ($973K), with a combined 97% share of total imports.
What is the average export price for animal fats and oils in the the Middle East?
+
The animal fats export price in the Middle East stood at $904 per tonne in 2019, dropping by -16.6% against the previous year.
What is the average import price for animal fats and oils in the the Middle East?
+
In 2019, the animal fats import price in the Middle East amounted to $1,524 per tonne, dropping by -14.9% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market 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
• Jordan
• Lebanon
• 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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
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 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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