Middle East: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in the Middle East

In 2022, the Middle Eastern market for salted, dried or smoked meat, and offal was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in the Middle East

In value terms, production of salted, dried or smoked meat, and offal dropped modestly to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2021, and then dropped slightly in the following year.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports in the Middle East

In 2022, overseas shipments of salted, dried or smoked meat, and offal decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of salted, dried or smoked meat, and offal contracted notably to $X in 2022. Over the period under review, exports, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

In 2022, the United Arab Emirates (X tons) and Turkey (X tons) were the largest exporters of salted, dried or smoked meat, and offal in the Middle East, together committing X% of total exports. Palestine (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%).

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest salted, dried or smoked meat, and offal supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports. It was followed by Palestine, with a X% share.

In the United Arab Emirates, exports of salted, dried or smoked meat, and offal increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Palestine (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, shrinking by X% against the previous year. Export price indicated a notable increase 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, export price for salted, dried or smoked meat, and offal increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports in the Middle East

In 2022, after six years of decline, there was significant growth in supplies from abroad of salted, dried or smoked meat, and offal, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of salted, dried or smoked meat, and offal expanded notably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the largest importer of salted, dried or smoked meat, and offal, making up X% of total imports. Palestine (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%), Qatar (X%), Iraq (X%) and Turkey (X%). Kuwait (X tons) followed a long way behind the leaders.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of salted, dried or smoked meat, and offal. At the same time, Oman (X%), Kuwait (X%), Turkey (X%), Palestine (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Palestine (X p.p.), Oman (X p.p.), Turkey (X p.p.), Iraq (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported salted, dried or smoked meat, and offal in the Middle East, comprising X% of total imports. The second position in the ranking was held by Palestine ($X), with an X% share of total imports. It was followed by Qatar, with an X% share.

In the United Arab Emirates, imports of salted, dried or smoked meat, and offal increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Palestine (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, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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