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Saudi Arabia - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Overview of the Market for Lamb And Sheep Meat 2021

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Market Size for Lamb And Sheep Meat in Saudi Arabia

The Saudi lamb and sheep meat market contracted to $X in 2019, with a decrease of -X% against the previous year. In general, consumption saw a slight downturn. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Production of Lamb And Sheep Meat in Saudi Arabia

In value terms, lamb and sheep meat production declined to $X in 2019 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.

In 2019, the average yield of lamb and sheep meat in Saudi Arabia was estimated at X kg per head, remaining constant against the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The lamb and sheep meat yield peaked in 2019 and is likely to see steady growth in years to come.

In 2019, approx. X heads of animals slaughtered for lamb and sheep meat production in Saudi Arabia; flattening at the previous year's figure. Over the period under review, the number of producing animals, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the number of producing animals increased by X% y-o-y. The number of animals slaughtered for lamb and sheep meat production peaked at X heads in 2013; however, from 2014 to 2019, producing animals remained at a lower figure.

Exports of Lamb And Sheep Meat

Exports from Saudi Arabia

In 2019, overseas shipments of lamb and sheep meat decreased by -X% to X tonnes, falling for the fourth consecutive year after two years of growth. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, lamb and sheep meat exports dropped significantly to $X in 2019. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

Yemen (X tonnes), Bangladesh (X tonnes) and Jordan (X tonnes) were the main destinations of lamb and sheep meat exports from Saudi Arabia, with a combined X% share of total exports. Malaysia, Djibouti, Qatar, Sudan, Pakistan, Azerbaijan, Bahrain, Senegal, Gambia and Guinea lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Djibouti, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), Yemen ($X) and Bangladesh ($X) appeared to be the largest markets for lamb and sheep meat exported from Saudi Arabia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Malaysia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Sudan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb And Sheep Meat

Imports into Saudi Arabia

In 2019, the amount of lamb and sheep meat imported into Saudi Arabia reduced markedly to X tonnes, dropping by -X% on the year before. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, lamb and sheep meat imports fell notably to $X in 2019. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports remained at a lower figure.

Imports by Country

Australia (X tonnes), New Zealand (X tonnes) and Pakistan (X tonnes) were the main suppliers of lamb and sheep meat imports to Saudi Arabia, with a combined X% share of total imports. These countries were followed by India, Ethiopia, Spain and Argentina, which together accounted for a further X 2007 to 2019, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamb and sheep meat suppliers to Saudi Arabia were Australia ($X), India ($X) and New Zealand ($X), with a combined X% share of total imports. Pakistan, Ethiopia, Spain and Argentina lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lamb and sheep meat import price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, import price indicated a resilient increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lamb and sheep meat import price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?
+
The country with the largest volume of lamb and sheep meat consumption was China (2.8M tonnes), accounting for 28% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (390K tonnes), sevenfold. Sudan (387K tonnes) ranked third in terms of total consumption with a 3.9% share.
What are the largest producers of lamb and sheep meat in the world?
+
China (2.5M tonnes) constituted the country with the largest volume of lamb and sheep meat production, comprising approx. 25% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (732K tonnes), threefold. New Zealand (449K tonnes) ranked third in terms of total production with a 4.5% share.
What are the leading suppliers of lamb and sheep meat to Saudi Arabia?
+
In value terms, the largest lamb and sheep meat suppliers to Saudi Arabia were Australia ($53M), India ($32M) and New Zealand ($32M), with a combined 68% share of total imports. These countries were followed by Pakistan, Ethiopia, Spain and Argentina, which together accounted for a further 30%.
What are the leading importers of lamb and sheep meat from Saudi Arabia?
+
In value terms, the largest markets for lamb and sheep meat exported from Saudi Arabia were Malaysia ($661K), Yemen ($345K) and Bangladesh ($133K), together comprising 69% of total exports.
What is the average export price for lamb and sheep meat in Saudi Arabia?
+
In 2019, the average lamb and sheep meat export price amounted to $2,795 per tonne, which is down by -13.4% against the previous year.
What is the average import price for lamb and sheep meat in Saudi Arabia?
+
The average lamb and sheep meat import price stood at $5,900 per tonne in 2019, rising by 3.3% against the previous year.

Product coverage:
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the market for lamb and sheep meat in Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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