Saudi Arabia: Beef Market 2020

Beef Market Size in Saudi Arabia

The revenue of the beef market in Saudi Arabia amounted to $X in 2017, growing by X% against the previous year. Overall, beef consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2017, when market value increased by X% y-o-y. In that year, the beef market attained their peak level, and is likely to continue its growth in the immediate term.

Beef Production in Saudi Arabia

In 2017, the amount of beef (cattle meat) produced in Saudi Arabia amounted to X kg, leveling off at the previous year. Overall, beef production continues to indicate a relatively flat trend pattern. Beef output in Saudi Arabia indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.

Average yield of beef (cattle meat) in Saudi Arabia amounted to X kg per head in 2017, reducing by -X% against the previous year. In general, beef yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. In that year, the beef yield attained their peak level of X kg per head, and then declined slightly in the following year.

In 2017, producing animals of beef (cattle meat) in Saudi Arabia amounted to X head, going down by -X% against the previous year. In general, beef producing animals continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016, when the number of producing animals increased by X% year-to-year. Over the period under review, this number reached its peak figure figure of X heads in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Beef Exports from Saudi Arabia

Beef exports from Saudi Arabia amounted to X tonnes in 2017, surging by X% against the previous year. In general, beef exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Saudi Arabia exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, beef exports totaled $X in 2017. Overall, beef exports continue to indicate a prominent expansion. Over the period under review, the beef exports reached its peak figure level in 2017, and are likely to see steady growth in the near future.

Beef Exports by Country from Saudi Arabia

In 2017, India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes) represented the largest exporters of beef (cattle meat) in the world, making up X% of total export. The following exporters - the Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Saudi Arabia, which together accounted for a further X%.

Among the main exporting countries , Saudi Arabia (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Saudi Arabia

The beef export price in Saudi Arabia stood at $X per tonne in 2017, waning by -X% against the previous year. In general, beef export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for beef (cattle meat) reached its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Saudi Arabia

In 2017, approx. X tonnes of beef (cattle meat) were imported into Saudi Arabia; dropping by -X% against the previous year. In general, beef imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Saudi Arabia imports peaked of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, beef imports stood at $X in 2017. Overall, the total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef imports decreased by -X% against 2015 indices. Over the period under review, the beef imports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Beef Imports by Country into Saudi Arabia

The countries with the highest levels of beef imports in 2017 were the U.S. (X tonnes), Vietnam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes), together finishing at X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. These countries were followed by Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Saudi Arabia, which together accounted for a further X%.

Vietnam (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Saudi Arabia

In 2017, the beef import price in Saudi Arabia amounted to $X per tonne, picking up by X% against the previous year. In general, the import price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. Saudi Arabia import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform