Middle East: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in the Middle East

The Middle Eastern market for fresh or chilled pig meat other than cuts or carcases was estimated at $X in 2022, stabilizing at the previous year. Overall, consumption, however, posted a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in the Middle East

In value terms, production of fresh or chilled pig meat other than cuts or carcases reached $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +2.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 59%. The level of production peaked 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 Iran (X tons), Turkey (X tons) and Saudi Arabia (X tons), with a combined 82% share of total production. Syrian Arab Republic, Israel and Lebanon lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of carcases, amongst the leading producing countries, was attained by Israel (with a CAGR of +10.7%), while carcases for the other leaders experienced more modest paces of growth.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports in the Middle East

For the fourth consecutive year, the Middle East recorded growth in overseas shipments of fresh or chilled pig meat other than cuts or carcases, which increased by 43% to X tons in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 128% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases reached $X in 2022. In general, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 when exports increased by 128% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) prevails in carcases structure, together achieving 94% of total exports. It was distantly followed by Iran (X tons), making up a 5.6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United Arab Emirates (with a CAGR of +27.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X) remains the largest fresh pork other than cuts or carcases supplier in the Middle East, comprising 69% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 24% share of total exports.

In Turkey, exports of fresh or chilled pig meat other than cuts or carcases expanded at an average annual rate of +6.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (+19.3% per year) and Iran (-7.5% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, shrinking by -29.2% against the previous year. In general, the export price showed a perceptible slump. The pace of growth appeared the most rapid in 2013 an increase of 37%. As a result, the export price attained the peak level of $X per ton. From 2014 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 Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-1.7%), while the other leaders experienced a decline in the export price figures.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports in the Middle East

Imports of fresh or chilled pig meat other than cuts or carcases shrank to X tons in 2022, waning by -2.4% compared with the year before. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 37%. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases declined to $X in 2022. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2013 with an increase of 64%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the main importing country with an import of around X tons, which recorded 66% of total imports. Turkey (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Lebanon (8.7%) and Oman (6.4%). The following importers - Saudi Arabia (X tons) and Kuwait (X tons) - each accounted for a 3.7% share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled pig meat other than cuts or carcases. At the same time, Lebanon (+29.9%), Oman (+27.1%), Saudi Arabia (+18.8%), Kuwait (+11.0%) and Turkey (+5.9%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +29.9% from 2012-2022. Turkey (+13 p.p.), Lebanon (+7.9 p.p.) and Oman (+5.7 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -27.3% 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 ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in the Middle East, comprising 77% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.5% share of total imports. It was followed by Lebanon, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to +7.9%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+5.5% per year) and Lebanon (+26.2% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by 2% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fresh or chilled pig meat other than cuts or carcases decreased by -9.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 35%. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+11.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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