Latest Report Update: Dec 29, 2021

Middle East - Lard And Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Middle East: Rendered Pig Fat Market Overview 2021

Rendered Pig Fat Exports

Exports in the Middle East

In 2020, shipments abroad of lard and other pig fat (rendered) decreased by -X% to X kg, falling for the second consecutive year after four years of decline. In general, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, rendered pig fat exports reduced rapidly to $X in 2020. Over the period under review, exports saw a significant contraction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

The biggest shipments were from the United Arab Emirates (X kg), together amounting to X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the lard and other pig fat (rendered) exports, with a CAGR of -X% from 2013 to 2020. The United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest rendered pig fat supplier in the Middle East.

In the United Arab Emirates, rendered pig fat exports declined by an average annual rate of -X% over the period from 2013-2020.

Export Prices by Country

In 2020, the rendered pig fat export price in the Middle East amounted to $X per tonne, picking up by X% against the previous year. In general, the export price enjoyed a significant increase. The growth pace was the most rapid in 2019 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne, leveling off in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Rendered Pig Fat Imports

Imports in the Middle East

In 2020, rendered pig fat imports in the Middle East reduced rapidly to X tonnes, with a decrease of -X% compared with 2019 figures. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, rendered pig fat imports contracted dramatically to $X in 2020. In general, imports showed a sharp slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Saudi Arabia was the key importing country with an import of about X tonnes, which amounted to X% of total imports. The United Arab Emirates (X tonnes) ranks second in terms of the total imports with a X% share, followed by Israel (X%). Bahrain (X kg) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to rendered pig fat imports into Saudi Arabia stood at +X%. At the same time, Bahrain (+X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Israel (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+X p.p.), Israel (+X p.p.) and Bahrain (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of the United Arab Emirates (-X p.p.) displayed negative dynamics.

In value terms, Saudi Arabia ($X), Bahrain ($X) and Israel ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Among the main importing countries, Bahrain saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The rendered pig fat import price in the Middle East stood at $X per tonne in 2020, surging by X% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Bahrain ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard and other pig fat (rendered) in the the Middle East?
+
The country with the largest volume of rendered pig fat consumption was Saudi Arabia (7.1 tonnes), accounting for 61% of total volume. Moreover, rendered pig fat consumption in Saudi Arabia exceeded the figures recorded by the second-largest consumer, the United Arab Emirates (2.7 tonnes), threefold. The third position in this ranking was occupied by Israel (1.3 tonnes), with a 11% share.
What are the leading exporters of lard and other pig fat (rendered) in the the Middle East?
+
In value terms, the United Arab Emirates ($25) remains the largest rendered pig fat supplier in the Middle East.
What are the leading importers of lard and other pig fat (rendered) in the the Middle East?
+
In value terms, Saudi Arabia ($3.6K), Bahrain ($3.3K) and Israel ($1K) constituted the countries with the highest levels of imports in 2020, with a combined 66% share of total imports.
What is the average export price for lard and other pig fat (rendered) in the the Middle East?
+
The rendered pig fat export price in the Middle East stood at $25,000 per tonne in 2020, increasing by 1,732% against the previous year.
What is the average import price for lard and other pig fat (rendered) in the the Middle East?
+
The rendered pig fat import price in the Middle East stood at $1,030 per tonne in 2020, growing by 69% against the previous year.

Product coverage:
• Prodcom 10115060 - Lard and other pig fat, rendered

This report provides an in-depth analysis of the rendered pig fat market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bahrain
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the Middle East, split by region and country
• Trade (exports and imports) in the Middle East
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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