Middle East: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in the Middle East

In 2021, the Middle Eastern sheep and goat meat market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Sheep And Goat Meat in the Middle East

In value terms, sheep and goat meat production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

The countries with the highest volumes of in 2021 were Yemen (X tons), the United Arab Emirates (X tons) and Iran (X tons), together accounting for X% of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Yemen (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average yield of sheep and goat meat in the Middle East fell to X kg per head, declining by -X% on the year before. Overall, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the sheep and goat meat yield reached the maximum level at X kg per head in 2020, and then fell in the following year.

In 2021, number of animals slaughtered for sheep and goat meat production in the Middle East rose modestly to X heads, surging by X% against the previous year's figure. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the number of producing animals increased by X%. Over the period under review, this number attained the peak level at X heads in 2014; however, from 2015 to 2021, producing animals failed to regain momentum.

Exports of Sheep And Goat Meat

Exports in the Middle East

In 2021, the amount of sheep and goat meat exported in the Middle East reduced to X tons, approximately mirroring the previous year's figure. In general, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sheep and goat meat exports shrank slightly to $X in 2021. Overall, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, amounting to X tons, which was near X% of total exports in 2021. Saudi Arabia (X tons) ranks second in terms of the total exports with a X% share, followed by Jordan (X%) and Kuwait (X%). Oman (X tons) and Bahrain (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of +X% from 2012 to 2021. At the same time, Kuwait (+X%), Oman (+X%), Jordan (+X%) and Bahrain (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2012-2021. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+X p.p.), Jordan (+X p.p.), Kuwait (+X p.p.) and Oman (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Saudi Arabia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest sheep and goat meat supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with an X% share of total exports. It was followed by Jordan, with an X% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled -X%. In the other countries, the average annual rates were as follows: Kuwait (+X% per year) and Jordan (+X% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, waning by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Bahrain ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+X%), while the other leaders experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports in the Middle East

In 2021, overseas purchases of sheep and goat meat were finally on the rise to reach X tons after three years of decline. Over the period under review, imports showed mild growth. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, sheep and goat meat imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) represented the main importer of sheep and goat meat, making up X% of total imports. It was distantly followed by Bahrain (X tons), Oman (X tons) and Saudi Arabia (X tons), together mixing up a X% share of total imports. Qatar (X tons) took a minor share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2012 to 2021. 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 2012-2021. Oman experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) and Qatar (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.) and Bahrain (+X p.p.) significantly strengthened its position in terms of the total imports, while Oman, Saudi Arabia and Qatar saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported sheep and goat meat in the Middle East, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, sheep and goat meat imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-X% per year) and Oman (-X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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