Middle East: Animal Guts Market 2023

Animal Guts Market Size in the Middle East

The Middle Eastern animal guts market totaled $X in 2021, approximately reflecting the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Animal Guts Production in the Middle East

In value terms, animal guts production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 21%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Animal Guts Exports

Exports in the Middle East

In 2021, shipments abroad of guts, bladders and stomachs of animals increased by 49% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal guts exports skyrocketed to $X in 2021. In general, exports, however, showed a slight shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and Iran (X tons) dominates exports structure, together committing 90% of total exports. The following exporters - Lebanon (X tons) and Syrian Arab Republic (X tons) - together made up 5.7% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +26.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X), Iran ($X) and Syrian Arab Republic ($X) were the countries with the highest levels of exports in 2021, together accounting for 96% of total exports.

Turkey, with a CAGR of +6.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, dropping by -11% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2013 an increase of 6.7%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+4.8%), while the other leaders experienced mixed trends in the export price figures.

Animal Guts Imports

Imports in the Middle East

In 2021, the amount of guts, bladders and stomachs of animals imported in the Middle East rose markedly to X tons, picking up by 14% on 2020. Over the period under review, imports, however, continue to indicate a mild slump. The pace of growth was the most pronounced in 2019 when imports increased by 19% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, animal guts imports soared to $X in 2021. In general, imports, however, showed a slight contraction. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Turkey was the main importing country with an import of about X tons, which amounted to 55% of total imports. Lebanon (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (12%), Kuwait (6.2%) and Qatar (6.1%). 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 +7.8% from 2012 to 2021. At the same time, Qatar (+5.6%) and Oman (+5.2%) displayed positive paces of growth. By contrast, the United Arab Emirates (-1.8%), Kuwait (-2.5%) and Lebanon (-7.5%) illustrated a downward trend over the same period. While the share of Turkey (+32 p.p.) and Qatar (+3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Lebanon (-9.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported guts, bladders and stomachs of animals in the Middle East, comprising 77% of total imports. The second position in the ranking was held by Lebanon ($X), with a 9.9% share of total imports. It was followed by the United Arab Emirates, with a 5.5% share.

In Turkey, animal guts imports increased at an average annual rate of +1.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Lebanon (+0.5% per year) and the United Arab Emirates (-3.3% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+8.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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