Middle East: Bacon And Ham Market 2024

Bacon And Ham Market Size in the Middle East

The Middle Eastern bacon and ham market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption enjoyed a prominent increase. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Bacon And Ham Production in the Middle East

In value terms, bacon and ham production expanded remarkably to $X in 2022 estimated in export price. The total output 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 in certain years. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Bacon And Ham Exports

Exports in the Middle East

In 2022, approx. X tons of bacon, ham and other dried, salted or smoked pig meat were exported in the Middle East; with an increase of X% compared with 2021. Total exports indicated prominent growth 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, bacon and ham exports skyrocketed to $X in 2022. Overall, exports showed a slight expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey represented the major exporting country with an export of about X tons, which accounted for X% of total exports. Lebanon (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Israel (X%) and the United Arab Emirates (X%). The following exporters - Oman (X tons) and Iran (X tons) - together made up X% of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Lebanon (X%) and Iran (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Israel (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates, Iran and Lebanon saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest bacon and ham supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, bacon and ham exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a noticeable curtailment. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Israel ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Bacon And Ham Imports

Imports in the Middle East

Bacon and ham imports amounted to X tons in 2022, with an increase of X% on the previous year's figure. Total imports indicated resilient growth 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 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, bacon and ham imports contracted to $X in 2022. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

The United Arab Emirates prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Qatar (X tons), Turkey (X tons) and Iraq (X tons), together constituting a X% share of total imports. The following importers - Lebanon (X tons) and Saudi Arabia (X tons) - each reached a X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%), Qatar (X%), Iraq (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Lebanon (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Qatar (X p.p.), Iraq (X p.p.) and Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported bacon, ham and other dried, salted or smoked pig meat in the Middle East, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, bacon and ham imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Import price indicated a mild expansion 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, bacon and ham import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform