Saudi Arabia: Overview of the Market for Lamb and Sheep Meat 2021

Market Size for Lamb and Sheep Meat in Saudi Arabia

For the fourth year in a row, the Saudi lamb and sheep meat market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2017 to 2020, 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 fell slightly to $X in 2020 estimated in export prices. In general, production recorded a prominent expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% year-to-year. Lamb and sheep meat production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

In 2020, the average yield of lamb and sheep meat in Saudi Arabia stood at X kg per head, approximately mirroring the year before. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the yield increased by X% year-to-year. Over the period under review, the average lamb and sheep meat yield hit record highs in 2020 and is likely to see steady growth in the near future.

The number of animals slaughtered for lamb and sheep meat production in Saudi Arabia stood at X heads in 2020, therefore, remained relatively stable against the previous year. Overall, the number of producing animals saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, this number attained the maximum level at X heads in 2013; however, from 2014 to 2020, producing animals failed to regain the momentum.

Exports of Lamb and Sheep Meat

Exports from Saudi Arabia

In 2020, overseas shipments of lamb and sheep meat increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, lamb and sheep meat exports surged to $X in 2020. Over the period under review, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tonnes), Jordan (X tonnes) and Bangladesh (X tonnes) were the main destinations of lamb and sheep meat exports from Saudi Arabia, with a combined X% share of total exports. Yemen, Malaysia, Azerbaijan and India lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India, while exports for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), Malaysia ($X) and Jordan ($X) appeared to be the largest markets for lamb and sheep meat exported from Saudi Arabia worldwide, with a combined X% share of total exports.

Malaysia recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per tonne in 2020, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Jordan ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 2020, imports of lamb and sheep meat into Saudi Arabia was estimated at X kg, approximately equating 2019 figures. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2009 to 2020, the growth imports failed to regain the momentum.

In value terms, lamb and sheep meat imports totaled $X in 2020. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

Australia (X tonnes), New Zealand (X tonnes) and Spain (X tonnes) were the main suppliers of lamb and sheep meat imports to Saudi Arabia, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest lamb and sheep meat suppliers to Saudi Arabia were Australia ($X), New Zealand ($X) and Spain ($X), with a combined X% share of total imports.

In terms of the main suppliers, Spain (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average lamb and sheep meat import price amounted to $X per tonne, standing approx. at the previous year. Over the period under review, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?

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China (2.9M tonnes) remains the largest lamb and sheep meat consuming country worldwide, accounting for 29% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (400K tonnes), sevenfold. Sudan (392K 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?

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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 (736K tonnes), threefold. The third position in this ranking was occupied by New Zealand (440K tonnes), with a 4.4% share.

What are the leading suppliers of lamb and sheep meat to Saudi Arabia?

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In value terms, the largest lamb and sheep meat suppliers to Saudi Arabia were Australia ($56M), New Zealand ($38M) and Spain ($4.4M), with a combined 60% share of total imports.

What are the leading importers of lamb and sheep meat from Saudi Arabia?

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In value terms, Sudan ($733K), Malaysia ($557K) and Jordan ($288K) constituted the largest markets for lamb and sheep meat exported from Saudi Arabia worldwide, together comprising 68% of total exports.

What is the average export price for lamb and sheep meat in Saudi Arabia?

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In 2020, the average lamb and sheep meat export price amounted to $3,489 per tonne, stabilizing at the previous year.

What is the average import price for lamb and sheep meat in Saudi Arabia?

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The average lamb and sheep meat import price stood at $0 per tonne in 2020, almost unchanged from the previous year.

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