Middle East: Fresh Pork Cut Market 2024

Fresh Pork Cut Market Size in the Middle East

The Middle Eastern fresh pork cut market contracted slightly to $X in 2022, which is down by X% against the previous year. The market 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. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Fresh Pork Cut Production in the Middle East

In value terms, fresh pork cut production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Iran (X tons) and Syrian Arab Republic (X tons), together comprising X% of total production. These countries were followed by Lebanon, which accounted for a further X%.

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

Fresh Pork Cut Exports

Exports in the Middle East

In 2022, exports of fresh or chilled hams, shoulders and cuts of pig meat in the Middle East surged to X tons, growing by X% compared with 2021. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, fresh pork cut exports surged to $X in 2022. Over the period under review, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the largest exporter of fresh or chilled hams, shoulders and cuts of pig meat in the Middle East, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Turkey (X kg), committing a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the fresh or chilled hams, shoulders and cuts of pig meat exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest fresh pork cut supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, fresh pork cut exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price enjoyed perceptible growth. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably 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 Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Fresh Pork Cut Imports

Imports in the Middle East

Fresh pork cut imports reduced dramatically to X tons in 2022, which is down by X% on the previous year. Overall, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh pork cut imports reduced remarkably to $X in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the key importer of fresh or chilled hams, shoulders and cuts of pig meat in the Middle East, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Bahrain (X tons), making up a X% share of total imports. Qatar (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the fresh or chilled hams, shoulders and cuts of pig meat imports, with a CAGR of X% from 2012 to 2022. Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported fresh or chilled hams, shoulders and cuts of pig meat in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Bahrain ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Bahrain (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, dropping by X% against the previous year. Import price indicated moderate growth 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, fresh pork cut import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

Frequently Asked Questions (FAQ) :