Middle East: Animal Guts Market 2023

Animal Guts Market Size in the Middle East

In 2022, after two years of decline, there was growth in the Middle Eastern animal guts market, when its value increased by 0.2% to $X. The market value increased at an average annual rate of +1.5% 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 reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Animal Guts Production in the Middle East

In value terms, animal guts production shrank to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 +6.8% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 19%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Animal Guts Exports

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in shipments abroad of guts, bladders and stomachs of animals, when their volume decreased by -13.9% to X tons. In general, exports, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, animal guts exports dropped to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.2% 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 +83.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Iran (X tons) and Turkey (X tons) prevails in exports structure, together generating 92% of total exports. Lebanon (X tons) and Syrian Arab Republic (X tons) held a little 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 Turkey (with a CAGR of +21.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest animal guts supplying countries in the Middle East were Iran ($X), Turkey ($X) and Syrian Arab Republic ($X), with a combined 98% share of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of +5.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, increasing by 3.5% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 Syrian Arab Republic ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+4.8%), while the other leaders experienced mixed trends in the export price figures.

Animal Guts Imports

Imports in the Middle East

Animal guts imports dropped dramatically to X tons in 2022, shrinking by -24.4% compared with the previous year. Over the period under review, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 22% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, animal guts imports declined to $X in 2022. In general, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Turkey represented the key importing country with an import of around X tons, which resulted at 57% of total imports. It was distantly followed by Lebanon (X tons), the United Arab Emirates (X tons), Kuwait (X tons) and Qatar (X tons), together achieving a 38% share of total imports. Oman (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the guts, bladders and stomachs of animals imports, with a CAGR of +4.5% from 2012 to 2022. At the same time, Oman (+3.7%) displayed positive paces of growth. Qatar experienced a relatively flat trend pattern. By contrast, Kuwait (-2.5%), the United Arab Emirates (-3.9%) and Lebanon (-9.8%) illustrated a downward trend over the same period. While the share of Turkey (+32 p.p.), Qatar (+2.1 p.p.) and Oman (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lebanon (-11.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported guts, bladders and stomachs of animals in the Middle East, comprising 82% of total imports. The second position in the ranking was held by Lebanon ($X), with a 7.8% share of total imports. It was followed by the United Arab Emirates, with a 4.9% share.

In Turkey, animal guts imports expanded at an average annual rate of +1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lebanon (-2.4% per year) and the United Arab Emirates (-4.6% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, surging by 26% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal guts import price increased by +38.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 32%. As a result, import price reached the peak level of $X per ton. From 2015 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 Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+8.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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