Saudi Arabia: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Saudi Arabia

In 2022, the Saudi frozen poultry liver market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Frozen Poultry Liver Exports

Exports from Saudi Arabia

In 2022, overseas shipments of frozen poultry livers and offal were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, frozen poultry liver exports skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for frozen poultry liver exports from Saudi Arabia, with a X% share of total exports. Moreover, frozen poultry liver exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for frozen poultry livers and offal exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%.

Export Prices by Country

The average frozen poultry liver export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Frozen Poultry Liver Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of frozen poultry livers and offal was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, frozen poultry liver imports expanded slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of frozen poultry liver to Saudi Arabia, accounting for a X% share of total imports. Moreover, frozen poultry liver imports from Brazil exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), sixfold. Russia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Russia (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen poultry livers and offal to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with an X% share of total imports. It was followed by Ukraine, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2022, the average frozen poultry liver import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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